After Apple Inc. (NASDAQ:AAPL) reported its most recent quarterly performance, some investors and observers alike have regained confidence in the company’s stock. In an interview on Bloomberg Television, Howard Ward was asked whether this confidence in the iPhone maker will translate to more investors and observers also gaining confidence in other names in the technology sector. According to the GAMCO Investors chief investment officer of growth equities, this is already happening in the industry. “I think it is actually very much happening. The technology stocks [are being uplifted by this including] the big ugly ones. Microsoft was given up for…
Author: Solon Harmony B. Dolor
Facebook Inc’s (NASDAQ:FB) market share in the digital advertising industy will likely double in the next four to 5 years, Arvind Bhatia said in a recent interview on CNBC. According to the Sterne Agee Managing Director for Interactive & Digital Entertainment, Facebook Inc (NASDAQ:FB) looks even better when analyzed today that when it was scrutinized in the past. The executive said that the world’s largest social network is poised to deliver better results in the digital advertising space partly because of its apps. He explained: “The long-term story for the Facebook platform looks even stronger than before. In addition, you…
Twitter Inc (NYSE:TWTR) user growth may be slowing in a meaningful way and is lower than expected by observers, the brokerage firm Sterne Agee believes. However, this should not dampen outlooks for the firm’s second quarter performance, especially in terms of monetization, as the firm believes that this area may perhaps beat expectations. Though Sterne Agee is not changing its Neutral rating on Twitter Inc (NYSE:TWTR) stock, it considers the company’s long term positioning to have improved due to new advances. It seems, however, based on recent information from Twitter, that it believes it still has a firm footing in…
Gilead Sciences, Inc. (NASDAQ:GILD) is not trending up in the stock market even though they have reported impressive numbers, Meg Tirrell noted in a report on CNBC. She explained why Gilead Sciences, Inc. (NASDAQ:GILD) is not soaring in the market though they posted a blowout quarter saying: “The [earnings] call is going on now. It’s a blowout quarter for Gilead both on earnings and on sales really all on the shoulders of their Hepatitis C drug Sovaldi which came at $3.48 billion in second quarter sales. That is compared to $2.6 to $2.9 billion that analysts may have been looking…
Apple Inc. (NASDAQ:AAPL) is not a stock Pedro De Noronha of Noster Capital invests in because he said in a recent interview on CNBC that he does not know where the company will be in the future. In fact, the Noster Capital managing director ventured that Apple Inc. (NASDAQ:AAPL) may become obsolete in two to three years. De Noronha was told that he may be missing on opportunities as every CEO the hosts have had in the program make it appear that there is a special game being played in the technology industry and that there is a bunch of…
The Boeing Company (NYSE:BA) has beaten the Street in their performance for the second quarter, Phil LeBeau reported on CNBC. According to the CNBC correspondent, The Boeing Company (NYSE:BA) did beat estimates put out by Wall Street for their second quarter performance. Furthermoer, LeBeau said that they beat the Street by a wide margin. He explained: “It looks like Boeing has beaten the Street and beaten it by a pretty wide margin. Officially, the company is going to report $2.42 for the quarter versus the Street [consensus] of $2.01 but just strip out the items and the special charges –…
Apple Inc.’s (NASDAQ:AAPL) future in terms of tablet sales remains to be seen, Daniel Ernst said in a discussion on CNBC. The discussion comes as Apple Inc. (NASDAQ:AAPL) reported their quarterly performance recently. According to Ernst, even though tablets have really taken off in terms of sales, we are now seeing slowing adaption of these devices because of what he said is a lack of key products for these devices. He explained: “iPad sales started to slow in the first quarter. Tablet sales overall fell three percent in first quarter on the IDC numbers. So, the segment did phenomenally. It…
STMicroelectronics NV (ADR) (NYSE:STM) CEO Carlo Bozotti expressed confidence in prospects for his company in an interview on CNBC. The CEO was asked what people can expect going forward for STMicroelectronics NV (ADR) (NYSE:STM) which manufactures its own designs of semiconductor products which are integrated into various other products like computers, telecommunications systems, automotive products and more. According to Bozzoti, the company sees strong indicators going forward in the industrial space. He explained: “I think we see good traction on very much across the board. In terms of application market, clearly automotive is strong, but also the more fragmented industrial…
Verizon Communications Inc. (NYSE:VZ) posted three key beats in their second quarter results, Michael McCormack said in an interview on CNBC. The insight comes from the Jefferies equity analyst after Verizon Communications Inc. (NYSE:VZ) reported their second quarter 2014 performance which saw the company’s profit nearly double to $4.32 billion, or 78 cents per share, from $2.25 billion in the year-ago quarter driven by their acquisition of full ownership of Verizon Wireless. Revenue was up 5.7% to $32.48 billion from $29.79 billion in the same quarter in 2013. According to McCormack, the three key beats are: “I think there are…
ARM Holdings plc (ADR) (NASDAQ:ARMH) boss Simon Segars is confident in innovation in the smartphone industry, he expressed in an interview on CNBC. The comment comes from the ARM Holdings plc (ADR) (NASDAQ:ARMH) CEO as it was pointed out in the interview that analysts have been wary of the smartphone business because Samsung Electronics posted weaker sales in these devices for the last quarter. ARM Holdings plc’s (ADR) (NASDAQ:ARMH) income is significantly made up of its royalties it gains from manufacturers which makes use of its designs for chips for their smartphones. Its chip designs are dominant in the smartphone…
Verizon Communications Inc. (NYSE:VZ) has increased the upload speed of its FiOS subscribers and Google Inc (NASDAQ:GOOGL) is mulling joining a group of companies which plan to turn outdated public telephone booths in New York City into advertising and Wi-Fi spots, Scarlet Fu reported in a segment on Bloomberg Television. According to Fu, Verizon Communications Inc. (NYSE:VZ) has seen that its subscribers need more speed. She explained: “Verizon says it sees its users’ need for speed. Starting today, the company is boosting upload power on most FiOS connections. That would shorten the amount of time needed to send videos or…
Yum! Brands, Inc. (NYSE:YUM) and McDonald’s Corporation (NYSE:MCD) are in a really bad situation with their food safety scandal in China, Eunice Yoon said in a recent report on CNBC. The current issue facing Yum! Brands, Inc. (NYSE:YUM) and McDonald’s Corporation (NYSE:MCD) in China stems from an investigative report aired by Dragon TV in the country which featured a reporter who went undercover in one of the suppliers of the two companies. The reporter revealed that workers inside Shanghai Husi, a business owned by Aurora, Illinois-based OSI Group, LLC, repackaged expired meat and shipped them to both Yum! Brands, Inc.…