Taiwan's Acer has been on a tear recently. It markets the eMachines, Acer and Gateway computer brands and overtook Dell Inc. (DELL) recently to become the second-largest computer seller in the world. It may not be the most innovative, but it is selling a large amount of PCs every quarter. Its presence is large in the U.S. retail sector, where Dell's efforts over the last 18 months are still not where they need to be.

Now that Acer Chairman J.T. Wang wants to see Apple's (AAPL) new iPad tablet computer, one has to wonder why Acer cares at all. Although Amazon, Inc. (AMZN) already has the Kindle e-reader device (and ready to unveil a third-generation product to compete with Apple), Acer's Chairman may not realize that Apple is not wanting to compete as a tablet PC manufacturer.

Shortly after the introduction of Apple, Inc.'s (AAPL) long anticipated iPad tablet computer I was quite surprised to receive an email from one of our more astute readers boldly stating "Game, set and match. See you at $300"

My immediate reaction was that this overly zealous stock trader and Apple enthusiast had let all reason escape his cranium. For me it reinforced how irrational investors are and how little they understand numbers. Apple stock will not reach $300 this year.

After Apple (AAPL) reported its best quarter ever last week, one would think shares in the iconic gadget maker would have started rising to new highs. Not to mention that after last Tuesday's record quarter announcement, Apple also unleashed a brand-new product after months of salivating hype from the tech press. Instead, AAPL shares have been on a downward trajectory ever since. Doesn't this defy the laws of physics? Not at all.

Apple, who loves taking ideas, refining them to an ultra-high sheen and releasing them as something "magical," mostly underwhelmed the world with its iPad device last Wednesday. Like anything in Apple's history, all the buildup to its announcement was cheekily detrimental.

Here are some highlights from this past week's earnings coverage on BloggingStocks:

• Apple Inc. (AAPL) posted its highest quarterly revenue ever, easily beating estimates, as iPhone sales doubled.
• Boeing Co. (BA) swung to a larger-than-expected Q4 profit but guidance fell short of analysts' estimates.
• Chevron Corp. (CVX) fell short of analysts' earnings estimates for Q4, sending shares lower.
• Cisco Systems Inc. (CSCO) shares rose after optimistic statements by the CEO ahead of Q2 results.
• Eastman Kodak Co. (EK) shares surged after it beat Q4 expectations by a wide margin and cash flow improved.
• Ford Motor Co. (F) reported its first annual profit in four years due to cost-cutting and improved market share.
• Halliburton Co. (HAL) reported lower Q4 earnings but beat estimates by a penny, and revenue also fell.

While the entire world was wrapped up in the hype of the Apple (AAPL) iPad launch Wednesday, many tech enthusiasts, bloggers and uber-geeks -- the kind who hang on anything Steve Jobs belches out -- came away mostly underwhelmed and disappointed.

Apple, after knocking the middle ground between laptop and smartphone, unveiled a product that, well doesn't really have any of the best qualities of both. So, the iPad may go down as one of the biggest launch letdowns in Apple's recent history. It's already being called a larger iPod touch with an e-book reader attached. Not flattering, Apple.

Microsoft (MSFT), the tech giant behind the Windows operating system, whose colleagues include Apple (AAPL), Google (GOOG), IBM (IBM), and Yahoo! (YHOO), issued Q2 numbers after the bell on Thursday. Revenues increased 14%, and diluted earnings per share went up well over 50% to 74 cents.

In terms of expectations, Earnings.com says 59 cents was the number to beat. Obviously, the company had no problem doing that. As the news outlets have been reporting, Windows 7 was the big driver of the quarter's success.

Shares of e-commerce giant Amazon.com, Inc. (AMZN) are trading lower in after hours trading despite posting better than expected earnings this afternoon for its fourth quarter.

Going into this afternoon's earnings release, analysts were expecting to see Amazon show earnings of 72 cents per share, on revenues of $9.04 billion in revenues.

Earlier this week,, I posted a bullish post on Apple (AAPL), in which analyst Geoff Seiler called the stock a huge bargain for the longer-term investor (see Apple: Another blowout quarter).

Following yesterday's announcment for the iPad, Andy Obermueller in his Government-Driven Investing, asks, "Is the new iPad a reason to buy the stock?" Here's his well-thought-out analysis."

Cutting through the hype and the niftiness of the device -investors need to ask themselves will people buy the device and will it have a significant effect on Apple's revenue?

About an hour ago, Apple (AAPL) finally unveiled its much anticipated and rumored tablet computer -- the iPad. For the past couple of years, many wondered why Apple never got into the netbook market. Steve Jobs, Apple's founder, CEO and visionary explained that netbooks simply are not better than laptops. The iPad, however, according to Jobs is.

Specs, from Engadget: The Apple iPad weighs just 1.5 pounds, and has a 9.7-inch touchscreen LCD display. It's running Apple's own 1GHz "A4" chip, with a 10-hour battery life and a month of standby. It'll come in three sizes and prices points: 16GB -- sold for $499, 32GB -- sold for $599, and 64GB -- $699.

San Diego-based Qualcomm Inc. (QCOM), which recently declared a quarterly dividend, is scheduled to discuss its fiscal first-quarter 2010 financial results in a conference call Wednesday, Jan. 27, at approximately 4:45 PM (ET). A live webcast of the call will be available at the company's website.

During the three months that ended in December, Qualcomm saw management changes and was recognize as a leading patent holder in 4G wireless communications. Analysts surveyed by Thomson Reuters are looking for earnings of 56 cents per share, up 44.6% from the same period of last year. Revenue for the period is expected to be 7.5% higher to $2.7 billion.

Tomorrow we are not going to see people landing on Mars, or North and South Korea unite, or the end of poverty and disease. However, the long awaited Apple (AAPL) tablet computer will be unveiled and from all the excitement it has generated it might even be bigger news than that.

It seems everyone is anticipating that Apple's latest device will have the ability to balance the federal budget and eliminate the deficit. After all the hype anything less may disappoint.

Taiwan's Acer became the world's second-largest PC maker in 2009 by getting very aggressive in retail with pricing and positioning its three brands across all pricing segments. The eMachines brand is entry-level, the Acer brand seems to be mid-level and Acer has positioned the Gateway brand as a premium product.

All told, Acer's might unseated Dell (DELL) and the company shows no signs of slowing down sales. It even was an early participant in the netbook category last year, helping it capture sales in that red-hot category as well.

Apple (AAPL) just smashed quarterly expectations as iPhone sales doubled and the company generated its highest revenue quarter.

Yes, it could get way, way better. Tim Moran with Oppenheimer & Co. believes that the iPhone will reach all major U.S. wireless carriers in 2010. It's as if Apple hasn't sold enough iPhones already. That number could be punched up in a huge way if Moran is correct.

The earnings crunch is on. Intel (INTC) and IBM (IBM) have already reported strong earnings results, and some of this week's biggest anticipated earnings gainers are also tech stocks: Apple (AAPL), AT&T (T) and Microsoft (MSFT).

Analysts surveyed by Thomson Reuters are looking for Texas Instruments Inc. (TXN) to report that its earnings rose 57.1% from a year ago to $0.49 per share for the three months that ended in December. Revenue is expected to total $3.0 billion, up 19.5% from a year ago, during a fourth quarter in which it raised its guidance and declared a quarterly dividend. But the full-year forecast is for earnings of $1.13 per share (-28.0%) on $10.4 billion in revenue (-16.8%). This Dallas-based semiconductor maker's earnings results have been better than expected in the past four quarters, beating estimates by as much as nine cents per share.

It seems that you can't swing a dead iPod in the financial media lately without hitting an article about Apple's (AAPL) hotly anticipated "iSlate" (and yes, I realize I am part of the problem right now). The Cupertino, Calif.-based company is unveiling its latest gadget in San Francisco next week, and just about everyone is predicting that it will be a touch-screen tablet computer.