BloggingStockCast: CEO pay gets cut due to slumping economy
A new bit of research is out that shows CEOs are feeling the effects of the economy, much like everyone else...
BloggingStockCast: What will you be doing with your rebate check?
Tax rebates are starting to arrive, and many retailers are looking for ways to get your money from you with enticing deals.
Intel shows year over year dip in profit, but exceeds expectations for Q1
Intel Corporation (NASDAQ: INTC) announced its first quarter (Q1) earnings today. Intel, the world's largest maker of computer chips, made some 25 cents a share, or some $1.44 billion. The higher than expected revenue of $9.67 billion, however, beat out analyst's expectations, which is probably why shares in after-hours trading have been trending upwards. This same time last year Intel saw $1.64 billion and 28 cents a share, demonstrating that Intel is feeling the economic pinch that everyone else is, despite beating expectations.
All in all, that's a 12% drop in year-over-year profits when comparing the same quarter.
Next quarter Intel is expecting $9 to $9.6 billion in sales.
All in all, that's a 12% drop in year-over-year profits when comparing the same quarter.
Next quarter Intel is expecting $9 to $9.6 billion in sales.
Tech companies: how not to market your new iPhone killer
Nokia Corporation (ADR) (NYSE: NOK) is a well known, and quite successful phone manufacturer. So it's no surprise to find out that, like many other companies, they've felt a need to come out with a phone that competes with Apple, Inc (NASDAQ: AAPL)'s very successful iPhone.Nokia has announced that they're working on 'an iPhone killer' according to this article at Forbes with the 5800 Tube. Well, since I started keeping track of Apple's stock as an investor myself (so keep in mind my bias), I've seen a number of iPod killers come and go. And I've seen on iPhone killer come and go. And they've all made similar mistakes in their approaches, so I've come up with four points to help Nokia, and other potential smartphone makers, go up against the iPhone without more flops. Because after all, those who don't learn from history are doomed to repeat it.
1) Do not announce that your device is a 'killer.'
The moment you announce that you are working on a 'killer' you've just raised expectations. Apple already has a halo of hard to meet expectations around it, leading invariably to disappointed fans when the actual device comes out (what, the iPhone doesn't make TOAST? Are you kidding me? I thought it would have a terabyte of memory and make toast!). So now you've not only set yourself up to have to beat a popular and bestselling device, but you're expected to beat it in a big way! You're not expected to just match it now, but also beat it.
Continue reading Tech companies: how not to market your new iPhone killer
Bloggingstockcast: why not call it a recession?
Interested in maybe hearing your voice on the BloggingStockCast? Leave a comment for the show by calling 567-226-4583 and leaving a message!
Today's topic: let's just call it a recession and move on!
Today's topic: let's just call it a recession and move on!
Previous BloggingStockCasts:
Bloggingstockcast: Starbucks focuses on what matters - coffee
When your business is struggling with the competition and your stock price down, it's time to focus on the fundamentals that got you the leg up when you first started. At least that's what Starbucks (NASDAQ: SBUX) seems to be thinking these days. Click below for video.
Interested in maybe hearing your voice on the BloggingStockCast? Leave a comment for the show by calling 567-226-4583 and leaving a message!
(I apologize for the temporarily wrong number on the video, the phone number handling the video there died! I'll get it right with tomorrow's BloggingStockCast -Tobias)
Bloggingstockcast: Starbucks to retrain employees
Bloggingstockcast: Intuitive Surgical bucking the down market
Bloggingstockcast: Microsoft buys Danger
BloggingStockcast: Housing market staggers again
Housing markets saw December year-over-year sales drop almost 40% off their 2007 high, and median home prices dropped as well.
Market surges back dramatically, regaining losses from Tuesday
Have you been worried about whether to sell your stocks now? Freaked out about the upcoming recession all the talking heads on TV are worried about? Did Tuesday's bill selloff confirm all your deepest fears? Several times on BloggingStocks.com we've noted that selling or buying based on emotion usually leads to worse results, and at the end of the day today that truism was reinforced as the market surged back to make up for Tuesday's losses.With the confidence of a federal rate cut probably speaking to some investors, and with the usual mechanics of supply and demand and market volatility coming into play, the market jumped.
The Dow was up 2.5%, the S&P 500 up 2.1%. Even the NASDAQ, with its heavy complement of tech companies who reported low earnings, bumped itself up 1%.
Although market volatility hasn't been seen like this in some five years, the idea that this week will see only a falling market has now been busted. But the question is, will the surge continue, or just peter out?
Liveblogging Apple's Q1 results conference call
At 5:00pm EST Apple will be broadcasting it's earnings report and we'll be here liveblogging the results. You can also follow along at our sister site, The Unofficial Apple Weblog, for a report of the event.
Our own Georges Yared did an earnings preview post, noting that estimates called for "revenues of $9.3-9.4 billion and earnings per share of $1.55-1.60. Stories circulating on many trading desks suggest that Apple could have topped $10 billion and earnings could range between $1.80 and $1.85. In this environment, will it really matter how much Apple exceeds expectations?"
A rough stock market abroad and here in the states could mitigate any successes Apple has to crow about today.
4:43pm: the live broadcast via quicktime is up and we're listening to piano music while on hold.
4:53pm: hold music is cutting in and out.
5:01pm: still on hold, but Apple has released their press release on earnings:
Our own Georges Yared did an earnings preview post, noting that estimates called for "revenues of $9.3-9.4 billion and earnings per share of $1.55-1.60. Stories circulating on many trading desks suggest that Apple could have topped $10 billion and earnings could range between $1.80 and $1.85. In this environment, will it really matter how much Apple exceeds expectations?"
A rough stock market abroad and here in the states could mitigate any successes Apple has to crow about today.
4:43pm: the live broadcast via quicktime is up and we're listening to piano music while on hold.
4:53pm: hold music is cutting in and out.
5:01pm: still on hold, but Apple has released their press release on earnings:
Continue reading Liveblogging Apple's Q1 results conference call
Bloggingstockcast: Backdated stock options back in the news as some sentences handed down
Bloggingstockcast: iTunes movie rentals have a lot of competition
Macworld keynote liveblog
Every January Apple-related businesses, fans, and Apple users descend upon the Macworld Expo to see what the year holds ahead for all things Apple. At 12:00 EST Steve Jobs himself will give the keynote speech, laying out what will come from Apple Inc. (NASDAQ: AAPL) in the year ahead.
You can follow along here with us. You can also check out our sister blog The Unofficial Apple Weblog's live on-the-spot coverage or sister blog Engadget's live coverage.
As things get closer, Apple's stock is hovering just under $175.
All time in Eastern Standard Time:
12:04: According to MacRumorsLive.com people are being seated. TUAW reports music and slow seating still.
12:10: According to TUAW people are still being seated.
In the meantime, you can read TUAW's predictions about what will be announced for this year's keynote speech.
12:12: Unlike some past Macworld keynotes, the Apple stock price has peaked this morning and is trending down, from just over $179 to the $173-$174 areas.
12:13: MacRumorsLive.com reports that the lights are dimming. So does TUAW.
12:14: Steve Jobs is taking the stage. TUAW reports that he says it was a great year for Apple.
You can follow along here with us. You can also check out our sister blog The Unofficial Apple Weblog's live on-the-spot coverage or sister blog Engadget's live coverage.
As things get closer, Apple's stock is hovering just under $175.
All time in Eastern Standard Time:
12:04: According to MacRumorsLive.com people are being seated. TUAW reports music and slow seating still.
12:10: According to TUAW people are still being seated.
In the meantime, you can read TUAW's predictions about what will be announced for this year's keynote speech.
12:12: Unlike some past Macworld keynotes, the Apple stock price has peaked this morning and is trending down, from just over $179 to the $173-$174 areas.
12:13: MacRumorsLive.com reports that the lights are dimming. So does TUAW.
12:14: Steve Jobs is taking the stage. TUAW reports that he says it was a great year for Apple.
Just how high will U.S. gasoline prices rise?
Nordstrom and Kohl's post smaller-than-expected Q1 profit declines
Oil hits record $127.43 on supply concerns, raised Goldman forecast
