In a program on CNBC, Dan Ives, FBR Capital Markets said companies like International Business Machines Corp. (NYSE:IBM) , Microsoft Corporation (NASDAQ:MSFT) and Amazon.com, Inc. (NASDAQ:AMZN) have a lot of scope in the coming days, but they have still some stumbling blocks to cross. He said that although the revenues haven been disappointing for International Business Machines Corp. (NYSE:IBM), the company can still exploit the massive opportunity in the field of Big Data, Cloud and data center. He said that the investors are now re-calibrating the International Business Machines Corp. (NYSE:IBM) stocks based on the latest market trends. Ives said that IBM is late to the game on the Cloud and it will face a tough competition from Microsoft Corporation (NASDAQ:MSFT).
Discussing Amazon.com, Inc. (NASDAQ:AMZN), Ives said that it’s a good news that Amazon will finally share its earnings and revenue details of its Web Services and Cloud business. He think that transparency is a major factor that every tech company like International Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT) and Amazon.com, Inc. (NASDAQ:AMZN) must cater. Ives said that the real question regarding Amazon is how the company places itself in the Enterprise. Amazon has its strong position in the marketplace, but in the presence of huge competitors like Microsoft Corporation (NASDAQ:MSFT), the company will need to devise a new plan to reiterate its value.
Ives thinks that it is not about the winner or loser in the market. International Business Machines Corp. (NYSE:IBM), Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT) will have to focus on diverse areas like cyber security, Cloud and data center to move forward.
As of 30 June 2014, Ken Fisher’s Fisher Asset Management hold around 17.7 million Microsoft Corporation (NASDAQ:MSFT) shares.
International Business Machines Corp. (NYSE:IBM)
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