As Sirius Launches Video, Stock Hits 52-Week Low
The S&P is flat for the year. Sirius (SIRI) is not. Down about 7%, it hit a 52-week low today at $3.18. The stock actually has not been that low since 2004. Sirius announced…
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Newest first · Page 128Dell Accounting: Taking The Eye Off The Ball
Dell (DELL) says it uncovered errors and misconduct in a review of its accounting practices and past financial statements. The stock dropped by as much as 7% after the market closed. But, the company…
Dell’s 10-K Filing Delay Hampers a Turnaround
Dell (DELL) announced the delay of its 10-K (Annual Report) for the year-ended FEB 2, 2007 beyond the April 3, 2007 date because the ongoing investigation has not been completed. DELL shares were halted…
Good News For Apple Does Nothing For Stock
Barron’s is reporting that Mac sales are running ahead of estimates for the current quarter according to NPD Research. Sales of the Apple personal computer should hit 1.5 million units for the period, and…
AT&T Customers Want iPhone, Or Do They?
According to The Financial Times, AT&T (T) has received expressions of interest in buying iPhones (AAPL) from about one million customers. But, random expressions of interest do not translate into sales. The iPhone is…
Lenovo Leans On Dell And HP
Lenovo will be a major sponsor of the 2008 Olympics. The Chinese PC company which bought the personal computer assets of IBM (IBM) will use its elevated visibility to accomplish two goals. The first…
Companies That Need to Cut Jobs: Dell
As part of an ongoing look at companies that could announce workforce reductions in the near future, Dell (DELL) is a name that comes up over and over. The end result is going to…
PC Makers Off Suicide Watch As Vista Sales Rise?
Microsoft (MSFT) has already sold 20 million copies of Vista. That is much faster than sales of Windows XP sales in it first month. The news is good for two parties. The first is…
PALM: Palm Buyout Can’t Occur Quickly Enough for Shareholders
By William Trent, CFA of Stock Market Beat Palm Reports Q3 FY07 Results: Financial News – Yahoo! Finance Palm, Inc. (PALM) today reported revenue of $410.5 million in the third quarter of fiscal year…
Dell’s Free (Almost) Chinese PC
Dell (DELL) says that its revenue in China grew 26% last year. To try to keep that up, the company is introducing a new, entry-level model for a price as low as $336. (Perhaps…
A New Song For Sirius
Sirius (SIRI) CEO Mel Karmazin is testifying before Congress to give the reasons that the federal government should allows his company to merge with rival XM (XMSR). His pitch is familiar by now. Satellite…
All News Is Bad News For Dell
Dell (DELL) got a dose of synchronicity today. Events that do not appear to be related at first glance may be equally difficult for the struggling PC giant. The first bit of information is…
Could Gateway Buyout Rumors Be True?
Forbes has run an article noting than an Asian PC-maker is rumored to be buying Gateway (GTW-NYSE). We recently ran a piece noting how difficult it would be to actually turn Gateway back around,…
Vista Isn’t Helping PC Sales: Dell
Maybe Microsoft (MSFT) CEO Steve Ballmer was right. Don’t get too excited about Vista too early in the game. Microsoft’s stock has not been the same since. The stock is down 8% this year,…
iSuppli raises 2007 LCD TV panel shipment forecast
By William Trent, CFA of Stock Market Beat iSuppli raises 2007 LCD TV panel shipment forecast | Reuters.com Research firm iSuppli Corp. said on Wednesday it had raised its shipment forecast on panels for…