Official Intel Revenue Estimates For Fourth Quarter Announced

The growing demand for computing equipments in the emerging economies appears to have had a positive fallout on Intel as the company posted pretty impressive revenue forecasts for the ongoing fourth quarter. According to a statement from the company that was made public yesterday, Intel shall be seeing a revenue of $11.4 billion during this […]

The growing demand for computing equipments in the emerging economies appears to have had a positive fallout on Intel as the company posted pretty impressive revenue forecasts for the ongoing fourth quarter. According to a statement from the company that was made public yesterday, Intel shall be seeing a revenue of $11.4 billion during this quarterly period that is notably higher than the numbers predicted by analysts. Gross margin during this quarter is likely to be around 67%.

The company has conceded that sale growth from within the home territory of United States has remained thin and that there has been a significant contribution to growth from the sale of computers to corporates and households in less developed economies.

The announcement has helped the company’s performance at the stock market. The company stock (NASDAQ:INTC) has risen 1.06% to $19.88 in the pre-market period. Stocks are also learned to have risen by 1.7% in the German stock market.

RIM Q2 Results Beat Analyst Expectations

Research In Motion (NASDAQ : RIMM) has had a fantastic second quarter that beats Wall Street expectations. The company has reported earnings growth of 68% for the quarter ending August 28. The net income generated in the period was $796.7 million that is significantly above the $475.6 million made during the same period last year. […]

Research In Motion (NASDAQ : RIMM) has had a fantastic second quarter that beats Wall Street expectations. The company has reported earnings growth of 68% for the quarter ending August 28. The net income generated in the period was $796.7 million that is significantly above the $475.6 million made during the same period last year. In terms of revenue, the company made $4.62 billion that is a 31% jump over Q2 2009.

In comparison, analysts expected revenues to stay close to $4.49 billion which equates to earnings of $1.36 per share. The current earnings per share is $1.46 per share.

Apparently, the strong performance has come despite the moderate reception to RIM’s latest Blackberry Torch smartphone. The touchscreen phone was launched in early August and has only been available on the AT&T network and so has not had great bearing on the results. Consequently, the performance of RIM underlines the overall growth of the company and not something that has been influenced by the fluke success of any particular model.

Sprint Quarterly Results Up Thanks To HTC EVO 4G Success

Sprint has announced its quarterly results and very much like expected, the company has posted losses. The Sprint investors have lost $0.15 per share. However, these results have still beaten investor expectations that had estimated a quarterly revenue loss of $0.17 per share. A large reason for the relatively improved results is being attributed to […]

Sprint has announced its quarterly results and very much like expected, the company has posted losses. The Sprint investors have lost $0.15 per share. However, these results have still beaten investor expectations that had estimated a quarterly revenue loss of $0.17 per share.

A large reason for the relatively improved results is being attributed to the success of the HTC EVO 4G smartphone. The Android handset was launched just days ahead of the launch of popular rival iPhone 4 and has seen significant sales though the launch has also been plagued by issues such as non-responsive touch screen and screen separation.

In its quarterly report, Sprint has also revealed that the company has added 136,000 post-paid accounts that are tied with a contract. The results have not affected the stock performance to a great extent. The New York Stock exchange has reported a modest rise of 021% of Sprint Nextel stocks (NYSE:S). The shares have however dropped 0.41% in the after-hours and is currently trading at 4.82.

Qualcomm Quarterly Earnings Show Net Income Up 4% YoY

Qualcomm has announced the results from the quarter ending June 27th. The reported numbers are not exactly spectacular but according to Dr. Paul E. Jacobs, the CEO at Qualcomm, the growth has been healthy and will result in the company raising its fiscal year estimates for the year. Qualcomm has reported an overall revenue of […]

Qualcomm has announced the results from the quarter ending June 27th. The reported numbers are not exactly spectacular but according to Dr. Paul E. Jacobs, the CEO at Qualcomm, the growth has been healthy and will result in the company raising its fiscal year estimates for the year.

Qualcomm has reported an overall revenue of $2.71 billion that is technically 2% down YoY but is 2% up sequentially. The operating income too has shown a similar trend. At $792 million, it is down 11% YoY but has risen by 2% on a sequential basis.

The net income for the company fell 4% YoY while the operating cash flow – at $951 million – noted a fall of 13% YoY. Clearly, the investors have not been very enthused. The shares of Qualcomm (NASDAQ:QCOM) fell 1.61% in intra-day trading yesterday. However, there is an after-market rise of 5.09%. It will be interesting to see how the market fares once the day begins.

Yahoo Quarterly Revenues Grow 2% – Share Prices Fall 6.5%

Yahoo’s quarterly results are out. Once again, the company’s revenues have fallen short of popular estimates. The Sunnyvale-based internet giant reported revenues of $1.60 billion for the quarter ending June 30. This is on the back of a $1.60-$1.68 billion revenue estimates. The net revenue that is obtained after subtracting the commission paid to partners […]

Yahoo’s quarterly results are out. Once again, the company’s revenues have fallen short of popular estimates. The Sunnyvale-based internet giant reported revenues of $1.60 billion for the quarter ending June 30. This is on the back of a $1.60-$1.68 billion revenue estimates. The net revenue that is obtained after subtracting the commission paid to partners was $1.13 billion that is 30 million short of predictions.

However, this does not in any way imply that the company did not do well this quarter. Yahoo’s profits are up and are better than what the analysts predicted. The net income for the quarter was $213 million that is 51% more than income earned last quarter. Yahoo (NASDAQ:YHOO) CEO Carol Bartz is said to be happy with the “healthy” growth that her company has been facing.

Yahoo stocks are however showing signs of fall. The pre-market value is presently hovering around 14.21 which is a 6.51% drop from yesterday’s closing of 15.20.

Apple Q3 Earnings Preview Causes Stocks To Recover

The past few weeks have been extremely tough for Apple as the company has been working on ways to negotiate the Antennagate. As we had correctly predicted last week, the stock prices of Apple have taken quite a tumble in the past few days with the company losing as much as $9 billion in market […]

The past few weeks have been extremely tough for Apple as the company has been working on ways to negotiate the Antennagate. As we had correctly predicted last week, the stock prices of Apple have taken quite a tumble in the past few days with the company losing as much as $9 billion in market capitalization.

However, Apple (NASDAQ:AAPL) may see a minor recovery ahead of the quarterly results announcements. According to a Thomson Reuters poll to analysts, Apple is likely to report about $14.74 billion in revenue that is driven by the sale of 8.35 million iPhones, 9.8 million iPods, 3.2 million Macs and 3.3 million iPads. The corresponding EPS is likely to hover around the $3.10 mark.

The positive outlook is already having its impact in the market. The stock is currently trading at 246.69 – up 0.45% in intra-day trading. It will be interesting to see how much the stock recovers its fall in the past few days once the actual results are announced.

AMD Q2 Revenues Impressive – Closes Down Loss

Advanced Micro Devices (NYSE: AMD) has reported that the company registered record revenues during the second quarter of 2010. In the report released yesterday, the company has revealed that its second quarter loss has now reduced to $43 million or 6 cents per share riding on the $1.65 billion revenues made during this three month […]

Advanced Micro Devices (NYSE: AMD) has reported that the company registered record revenues during the second quarter of 2010. In the report released yesterday, the company has revealed that its second quarter loss has now reduced to $43 million or 6 cents per share riding on the $1.65 billion revenues made during this three month period.

Let’s look at it in perspective. AMD’s revenues in Q2 2009 was $1.18 billion. During this period, the company registered a loss of $330 million (49 cents per share) which equalled a non-GAAP net loss of $244 million. The corresponding number this quarter is $83 million or 11 cents per share.

So what has caused this revenue gain? According to Dirk Meyer, the CEO at AMD, there has been a solid demand for mobile chips during this period. Meyer has also attributed the growth to “solid execution” from his team.

The results have given a boost to investors as AMD’s NASDAQ stock rose 2.56% to 7.60 in the after-hours of trading. With AMD’s outlook looking much more positive in the quarter ahead, expect investor confidence to build even more.

Intel Stocks Show Modest Rise After Spectacular Quarterly Results

Intel Corporation (NASDAQ : INTC) announced its best ever quarterly results yesterday. The company revealed that sale of laptop and server chips had given a tremendous push to the revenues. The company has made $10.8 billion in revenues in the past quarter that brings profits to $2.9 billion. That is close to $445 million more […]

Intel Corporation (NASDAQ : INTC) announced its best ever quarterly results yesterday. The company revealed that sale of laptop and server chips had given a tremendous push to the revenues. The company has made $10.8 billion in revenues in the past quarter that brings profits to $2.9 billion. That is close to $445 million more than what Intel made in the first quarter of 2010 and up $3.3 billion from the second quarter of 2009. The Earnings Per Share (EPS) currently stands at 51 cents which is up 183% from Q2 last year.

Surprisingly though, the markets are yet to respond favorably until now to the impressive rise in profits. The stocks have shown only a modest rise in value. The NASDAQ monitor currently reads 21.96 which is a humble rise from the 20.25 that was recorded on the morning of July 12.

Let us see if there is a late realization among traders today.

Samsung Operating Profit For 2nd Quarter At Record Levels

Samsung expects a record level increase in the company’s operating profit in the quarter ending June 30, 2010. The announcement comes against the backdrop of impressive rise in the sale of computer memory chips and liquid crystal displays. In a statement released recently, the South Korean electronics giant has said that it expects the consolidated […]

Samsung expects a record level increase in the company’s operating profit in the quarter ending June 30, 2010. The announcement comes against the backdrop of impressive rise in the sale of computer memory chips and liquid crystal displays.

In a statement released recently, the South Korean electronics giant has said that it expects the consolidated operating profit to be recorded between 4.8 trillion won and 5.2 trillion won ($4.2 billion) in the three month period. That’s a first considering that the previous high recorded by Samsung has been 4.41 trillion won (in Q1, 2010).

However, analysts expect this growth to slow down in the light of a slowing economy in the second half of this year. However, it may be noted that Samsung is a major manufacturer of OEM that is used in smartphones and tablets from companies including Apple. With several companies learned to be working on new smartphones and tablet for this year’s holiday season, Samsung could match, if not breach, the current operating profit record. What are your thoughts?