In his Next Inning newsletter, he explains, "Of course, this was similar to how the pundits first reacted to the iPod when it was released. As the pundits trashed the iPad following its release, I reminded readers about the iPod story and predicted we would see the pundits about face and the stock price run up ahead of the product release."

Continue reading Inside the iPad: A Look at Apple's Suppliers

Inside the iPad: A Look at Apple's Suppliers originally appeared on BloggingStocks on Tue, 06 Apr 2010 10:00:00 EST. Please see our terms for use of feeds.

Technology sector expert Paul McWilliams offers an intriguing look at the new iPhone from Apple (NASDAQ: AAPL) to uncover what tech companies are supplying components.

In his Next Inning -- a newsletter that focuses solely on high tech stocks -- the advisors offers a look at the players inside the iPhone.

McWilliams explains, "A few interesting notes have come from the folks busily tearing down the new Apple iPhone 3G S since its launch.

Continue reading Inside the iPhone: A look at component makers

Inside the iPhone: A look at component makers originally appeared on BloggingStocks on Thu, 25 Jun 2009 13:40:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Yahoo! (NASDAQ: YHOO) was downgraded to Sell from Accumulate at ThinkPanmure as they value the company at $20 on a standalone basis. The price target lowered to $20 from $31.
• Yahoo was also downgraded to Sell from Buy at Citigroup based on Microsoft (NASDAQ: MSFT) withdrawing its bid for the company. Target was reduced to $26 from $34.
• Yahoo was also downgraded to Sell from Accumulate, target $20 at ThinkPanmure.
• Yahoo was downgraded to Sell from Hold at Soleil with a $22 target as they do not believe Yahoo can re-attain the $33 a share that Microsoft offered through execution alone.

• PeopleSupport (NASDAQ: PSPT) was downgraded to Market Perform at JMP Securities on valuation, and because they are increasingly concerned about the long-term safety of the company's J.P. Morgan Chase credit card contract. The firm downgraded the shares from Market Outperform.
• Skyworks (NASDAQ: SWKS) was downgraded to Accumulate from Buy at ThinkPanmure following checks that indicate some "inventory digestion" at a couple of its key OEM customers, which could put estimates at risk

Analyst downgrades: YHOO (times 4), PSPT, SWKS originally appeared on BloggingStocks on Mon, 05 May 2008 12:12:00 EST. Please see our terms for use of feeds.

Continue reading With Skyworks, at times it seems the sky's the limit

With Skyworks, at times it seems the sky's the limit originally appeared on BloggingStocks on Mon, 11 Feb 2008 18:13:00 EST. Please see our terms for use of feeds.

The earnings crunch is in full swing, and here are a few of the highlights of this past week's earnings coverage from BloggingStocks:

• Abbott Laboratories (NYSE: ABT) swung to a profit on the strength of drug sales.
• AK Steel Holding Corp. (NYSE: AKS) swung to a fourth-quarter profit and easily beat estimates.
• Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) posted solid results and raised its forecast.
• Amdocs Ltd. (NYSE: DOX) reported a record quarter and reaffirmed its guidance.
• Amgen Inc. (NASDAQ: AMGN) beat exectations, but concerns remain about FDA scrutiny.
• Apple Inc. (NASDAQ: AAPL) easily beat expectations and offered revised guidance (see live blog, transcript).
• Caterpillar Inc. (NYSE: CAT) posted a solid quarter on strong international growth.
• Coach Inc. (NYSE: COH) beat estimates on strong direct-to-customer and same-store sales.
• ConocoPhillips (NYSE: COP) posted a strong fourth quarter due to rising oil prices.
• CSX Corp. (NYSE: CSX) beat expectations as increased productivity offset increased fuel costs.
• Eaton Corp. (NYSE: ETN) posted solid fourth quarter results due to growth overseas.
• Equity LifeStyle Properties Inc. (NYSE: ELS) beat expectations in the fourth quarter and offered guidance.
• Franklin Resources Inc. (NYSE: BEN) reported solid results and increased its quarterly dividend.
• Johnson & Johnson (NYSE: JNJ) posted a solid fourth quarter and affirmed its 2008 guidance.
• Microsoft Corp. (NASDAQ: MSFT) posted strong results due in part to demand for Vista.
• Nintendo Co. (OTC: NTDOY) profit soared on demand for the Wii, and the company raised is sales outlook.
• Nokia Corp. (NYSE: NOK) reported a strong fourth quarter and increased market share in handset sales.

Continue reading Earnings highlights: Apple, Microsoft, Texas Instruments, Southwest, Caterpillar, and others

Earnings highlights: Apple, Microsoft, Texas Instruments, Southwest, Caterpillar, and others originally appeared on BloggingStocks on Sat, 26 Jan 2008 08:40:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Kaufman Bros. initiated Atmel (NASDAQ: ATML) with a Buy rating and $6 target, as they believe the company's increasing focus around its core microcontroller business can drive an improved growth and profitability profile going forward and would be buyers at current levels.
  
• The firm also started shares of Skyworks (NASDAQ: SWKS) with a Buy rating and a $10 target, as they like the company's balanced customer positioning and find the stock attractively valued at current levels.
  
• JP Morgan initiated Alcatel-Lucent (NYSE: ALU) with an Overweight rating and believes the risks are more than fully priced into shares at current levels.
  
• Parexel (NADSAQ: PRXL) was initiated with a Neutral rating at Broadpoint, as they believe the company's improved execution is already priced into shares.
  
• Deutsche Bank finds shares of Map Pharmaceuticals (NASDAQ: MAPP) attractively valued given the opportunity from the company's two late stage product candidates, UDB and Tempo Migraine. The firm started shares off with a Buy rating and $19 target.

• Wachovia initiated coverage of leisure stocks, starting shares of Carnival (NYSE: CCL), Cedar Fair (NYSE: FUN) and Royal Caribbean (NYSE: RCL) with Outperform ratings.
  
• Credit Suisse initiated PepsiCo (NYSE: PEP) and Coca-Cola (NYSE: KO) with Outperform ratings and targets of $87 and $68, respectively.

Analyst initiations: ATML, SWKS, ALU, PRXL and MAPP originally appeared on BloggingStocks on Wed, 14 Nov 2007 11:30:00 EST. Please see our terms for use of feeds.

Skyworks Solutions (NASDAQ: SWKS) is a mobile product provider based in Massachusetts. Despite the stock's recent run, it still has much more upside because the company's solid numbers into next year are going to make the stock drastically more attractive.

Before I get too specific about the company itself, I'd like to first discuss the company's sector and why its going to be such a hot space in the next few months. Basically, the company's products are going to be in tremendous use in the next few quarters as a result of the launch of Apple's (NASDAQ: AAPL) iPhone and continued advancements to Research in Motion's (NASDAQ: RIMM) BlackBerry. These smart phones are going to be huge contributors to Skyworks's top line because they need the company's products to perform the more advanced tasks being placed on smart phones, such as WiFi and GPS. The positive headlines which I expect to be flowing from this sector shortly (starting with Apple's upcoming quarter) should bolster Skyworks's stock appropriately.

But this stock isn't just a name that will move due to positive news from the smart phone space; this is a solid company that's hitting an inflection (turning) point. Despite showing weak performance sequentially and year over year in recent years, I think the company's revenue growth is going to return to positive territory within the next two quarters. I think the company is going to do about $190 million in sales next quarter -- a sequential increase of about 8%, but still a year-over-year decline of 4.5%. This figure is ahead of company guidance, which I think is low because the company was overly conservative when modeling Motorola's (NYSE: MOT) impact on sales. This Motorola factor is another potential catalyst because the company has the potential to easily beat estimates if Motorola steps up its business. Even if Motorola actually doesn't do much business with the company, I think Skyworks will be able to cover that lost business with new clients, just like it did last quarter.

The company positioned itself properly for this quarter. Because it expected increased demand for its FEM chips, it ramped up its inventory for this quarter to be able to match the demand. I think the company easily met Apple and Research in Motion's needs for the quarter.

Continue reading Skyworks: More "mo" to go

Skyworks: More "mo" to go originally appeared on BloggingStocks on Sun, 22 Jul 2007 13:40:00 EST. Please see our terms for use of feeds.