BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Another Strong Quarter for Apple]]>http://www.bloggingstocks.com/2011/01/18/another-strong-quarter-for-apple/http://www.bloggingstocks.com/2011/01/18/another-strong-quarter-for-apple/http://www.bloggingstocks.com/2011/01/18/another-strong-quarter-for-apple/#commentsFiled under: , , , , , , , ,

Steve Jobs Apple (AAPL) iPadThe day started off shaky for Apple Inc. (AAPL) after its leader and CEO, Steve Jobs, announced that he would be taking his second medical leave of absence yesterday.

The stock was in the red all day, but did rebound a bit at the end of the day, closing today's session down 2.2% to $340.65, after trading as low as $326.00 earlier in the day.

Continue reading Another Strong Quarter for Apple

Another Strong Quarter for Apple originally appeared on BloggingStocks on Tue, 18 Jan 2011 18:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAppleApple earningsearningsinthenewsipadiphonesteve jobsSteve Jobs medical leavetechTue, 18 Jan 2011 18:33:00 EST<![CDATA[Verizon Releases Details on the iPhone Release]]>http://www.bloggingstocks.com/2011/01/11/verizon-releases-details-on-the-iphone-release/http://www.bloggingstocks.com/2011/01/11/verizon-releases-details-on-the-iphone-release/http://www.bloggingstocks.com/2011/01/11/verizon-releases-details-on-the-iphone-release/#commentsFiled under: , , ,

Verizon (VZ) logoA couple of days ago, Connie Madon reported here that Verizon (VZ) had finally landed Apple's (APPL) iPhone 4. Today the communications firm started to introduce details about the release. The first question to answer is when the iPhone will be released - which is February 10 according to Verizon's Internet site. MarketWatch reported that the iPhone 4 will be available for pre-order on February 3.

The popular smartphone will cost $199 for the 16GB version and $99 for the 32GB version. These are the same price points for the device on the AT&T (T) network. One difference between the carrier's versions is that the Verizon version will also work as a wi-fi hotspot (with credit to the Engadget blog's live coverage of the event). This mobile hotspot will be able to support up to five different devices.

Continue reading Verizon Releases Details on the iPhone Release

Verizon Releases Details on the iPhone Release originally appeared on BloggingStocks on Tue, 11 Jan 2011 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AppleATTfeaturedinthenewsiphoneiPhone 4smartphonetechtechnologyVerizonTue, 11 Jan 2011 13:30:00 EST<![CDATA[Xilinx Cuts Third-Quarter Sales Forecast]]>http://www.bloggingstocks.com/2010/12/22/xilinx-cuts-third-quarter-sales-forecast/http://www.bloggingstocks.com/2010/12/22/xilinx-cuts-third-quarter-sales-forecast/http://www.bloggingstocks.com/2010/12/22/xilinx-cuts-third-quarter-sales-forecast/#commentsFiled under:

Xlinx (XLNX) logoTuesday, chipmaker Xilinx (XLNX) announced that it was cutting its current-quarter (third quarter) revenue forecast thanks to weaker-than-expected sales to some of its larger communications customers. This announcement comes during a series of quarters in which the company has seen record sales, thanks to rising demand stemming from a perceived economic rebound.

One analyst calls this news, "evidence of a cyclical inventory correction that we'd been expecting and have talked about previously." Nevertheless, the same analyst said that it could take longer than Xilinx had previously estimated for inventory to come back to better levels.

Continue reading Xilinx Cuts Third-Quarter Sales Forecast

Xilinx Cuts Third-Quarter Sales Forecast originally appeared on BloggingStocks on Wed, 22 Dec 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chipmakerschipsinthenewstechtechnologytechnology stocksXilinxXilinx Q3 forecastXilinx sales forecastXLNXWed, 22 Dec 2010 12:30:00 EST<![CDATA[Hewlett-Packard Q4 Earnings Preview]]>http://www.bloggingstocks.com/2010/11/19/hewlett-packard-q4-earnings-preview/http://www.bloggingstocks.com/2010/11/19/hewlett-packard-q4-earnings-preview/http://www.bloggingstocks.com/2010/11/19/hewlett-packard-q4-earnings-preview/#commentsFiled under: , , , , , ,

HPQ Fourth Quarter EarningsTechnology giant Hewlett Packard Company (HPQ) will be reporting its fiscal fourth quarter results following the market close Monday, with analysts expecting to see earnings of $1.27 per share.

During the same period last year, the company had earnings of $1.14 per share.

There will definitely be a lot of attention paid to the company's quarterly report, but that does not have so much to do with the company's figures as it does with the company's new CEO, Leo Apotheker.

Continue reading Hewlett-Packard Q4 Earnings Preview

Hewlett-Packard Q4 Earnings Preview originally appeared on BloggingStocks on Fri, 19 Nov 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ApothekerCEOearningsearnings previewfeaturedhewlett-packardHP earningsHPQOracleORCLSAPSAP AGtechFri, 19 Nov 2010 17:00:00 EST<![CDATA[Texas Instruments (TXN): Growth and Value]]>http://www.bloggingstocks.com/2010/11/03/texas-instruments-txn-for-growth-and-value/http://www.bloggingstocks.com/2010/11/03/texas-instruments-txn-for-growth-and-value/http://www.bloggingstocks.com/2010/11/03/texas-instruments-txn-for-growth-and-value/#commentsFiled under: , ,

Texas Instruments (TXN) logo"Texas Instruments (TXN) was roughed up pretty badly in 2008 and 2009. Profits fell sharply for this semiconductor giant, as did the stock price," says dividend reinvestment plan specialist Chuck Carlson.

The editor of The DRIP Investor explains, "The shares plummeted from nearly $40 per share in 2007 to $13 in early 2009. The stock has come roaring back from the 2009 lows, paced by impressive rebounds in sales and profits.

"For 2010, Texas Instruments should post record per-share profits in the vicinity of $2.47 per share. Based on that estimate, the stock seems cheap at less than 12 times earnings.

Continue reading Texas Instruments (TXN): Growth and Value

Texas Instruments (TXN): Growth and Value originally appeared on BloggingStocks on Wed, 03 Nov 2010 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chuck carlsondrip investorfeaturedgrowth investingsemiconductorstechtexas instrumentthestockadvisors.comtxnvalue investingWed, 03 Nov 2010 10:30:00 EST<![CDATA[Hewlett-Packard Sees Strong 2011 Forecast]]>http://www.bloggingstocks.com/2010/09/29/hewlett-packard-sees-strong-2011-forecast/http://www.bloggingstocks.com/2010/09/29/hewlett-packard-sees-strong-2011-forecast/http://www.bloggingstocks.com/2010/09/29/hewlett-packard-sees-strong-2011-forecast/#commentsFiled under: ,

Hewlett-Packard (HPQ) logoTech giant Hewlett-Packard (HPQ) held an investors meeting Tuesday afternoon, during which it offered a bullish 2011 forecast.

The company now sees full-year 2011 profit to be in the range of $5.05 to $5.15, better than the $4.99 that analysts had previously forecast for the year.

Revenues are expected to be in a range of $131.5 billion to $133.5 billion, which is also higher than analyst forecasts for $131.4 billion.

Continue reading Hewlett-Packard Sees Strong 2011 Forecast

Hewlett-Packard Sees Strong 2011 Forecast originally appeared on BloggingStocks on Wed, 29 Sep 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Cathie Lesjakcomputersearnings forecastfeaturedforecastsHewlett PackardHPQinthenewsMark HurdOrcaleORCLtechtechnology stocksWed, 29 Sep 2010 09:00:00 EST<![CDATA[Hewlett Packard Slightly Lower Following Q2 Earnings Report]]>http://www.bloggingstocks.com/2010/08/19/hewlett-packard-slightly-lower-following-q2-earnings-report/http://www.bloggingstocks.com/2010/08/19/hewlett-packard-slightly-lower-following-q2-earnings-report/http://www.bloggingstocks.com/2010/08/19/hewlett-packard-slightly-lower-following-q2-earnings-report/#commentsFiled under: , , , , ,

HPQ third quarter earningsShares of Hewlett Packard (HPQ), the world's largest maker of computers and printers are trading slightly lower in after hours trading with the company posting in-line earnings for its fiscal third quarter following today's market close.

The company reported its third quarter earnings were $1.08 per share, excluding restructuring charges and other impacts, which matched analyst estimates for the quarter.

Continue reading Hewlett Packard Slightly Lower Following Q2 Earnings Report

Hewlett Packard Slightly Lower Following Q2 Earnings Report originally appeared on BloggingStocks on Thu, 19 Aug 2010 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>computersearningsearnings reportshewlett-packardHP earningsHPQinthenewsmark hurdtechThu, 19 Aug 2010 18:30:00 EST<![CDATA[Dell Purchasing 3Par]]>http://www.bloggingstocks.com/2010/08/16/dell-purchasing-3par/http://www.bloggingstocks.com/2010/08/16/dell-purchasing-3par/http://www.bloggingstocks.com/2010/08/16/dell-purchasing-3par/#commentsFiled under: , ,

Early Monday morning, Dell (DELL) announced that it is buying data storage company 3Par (PAR). The price tag for the transaction is roughly $1.13 billion in cash, which translates to $18 per share for 3Par. Compared to Friday's closing price ($9.65), Dell is paying an 87% premium for 3Par. 3Par specializes in products that are designed to minimize the costs of greater capacity and energy.

Dell expects the deal to help its adjusted profit during fiscal 2012. The boards of both companies approved the deal, which should close by the end of the year. Obviously, we will see shares of 3Par advance to the $18 region, as Dell has assigned this price on the firm's shares. However, what will we see out of Dell?

Continue reading Dell Purchasing 3Par

Dell Purchasing 3Par originally appeared on BloggingStocks on Mon, 16 Aug 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3ParcomputersdealsDellinthenewsPARtechtechnical analysistechnologyMon, 16 Aug 2010 08:30:00 EST<![CDATA[Apple Earnings Soar, Topping Estimates]]>http://www.bloggingstocks.com/2010/07/21/apple-earnings-another-solid-quarter/http://www.bloggingstocks.com/2010/07/21/apple-earnings-another-solid-quarter/http://www.bloggingstocks.com/2010/07/21/apple-earnings-another-solid-quarter/#commentsFiled under: , , , , ,

apple third quarter earningsShares of Apple Inc. (AAPL) traded sharply higher in after-hours trading Tuesday after the company posted strong quarterly results for its third quarter.

Analysts had been expecting to see the company post earnings of $2.84 a share, but Apple easily beat that estimate with a reported $3.51 a share. During the same period last year the company had earnings of $1.35 per share.

Continue reading Apple Earnings Soar, Topping Estimates

Apple Earnings Soar, Topping Estimates originally appeared on BloggingStocks on Wed, 21 Jul 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLApple Inc.computersfeaturediPadiPhoneitunesmacmac computerstechWed, 21 Jul 2010 08:30:00 EST<![CDATA[IBM Tops Estimates But Revenues Fall Short]]>http://www.bloggingstocks.com/2010/07/19/ibm-tops-estimates-but-revenues-fall-short/http://www.bloggingstocks.com/2010/07/19/ibm-tops-estimates-but-revenues-fall-short/http://www.bloggingstocks.com/2010/07/19/ibm-tops-estimates-but-revenues-fall-short/#commentsFiled under: , , , , , , ,

IBM second quarter earningsShares of tech giant International Business Machines Corp. (IBM) are selling off in after hours trading today after the company posted lower than expected revenues for its second quarter.

Analysts had been expecting to see the company show revenues of $24.17 billion during the quarter, but actual revenues were a bit lower at $23.7 billion.

Continue reading IBM Tops Estimates But Revenues Fall Short

IBM Tops Estimates But Revenues Fall Short originally appeared on BloggingStocks on Mon, 19 Jul 2010 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bad newscomputersearningsIBMinternational business machinestechMon, 19 Jul 2010 18:30:00 EST<![CDATA[Adobe Second Quarter Earnings Preview]]>http://www.bloggingstocks.com/2010/06/22/adobe-second-quarter-earnings-preview/http://www.bloggingstocks.com/2010/06/22/adobe-second-quarter-earnings-preview/http://www.bloggingstocks.com/2010/06/22/adobe-second-quarter-earnings-preview/#commentsFiled under: , ,

Adobe Second Quarter Earnings PreviewTech giant Adobe Systems (ADBE) will report its second-quarter earnings Tuesday after the market closes. Analysts are expecting to see earnings of 42 cents per share.

During the same period last year, the company had earnings of 35 cents per share.

Continue reading Adobe Second Quarter Earnings Preview

Adobe Second Quarter Earnings Preview originally appeared on BloggingStocks on Tue, 22 Jun 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobecreative suite 5cs5earningsearnings previewfeaturedtechTue, 22 Jun 2010 09:00:00 EST<![CDATA[Cisco Easily Outpaces Analyst Estimates]]>http://www.bloggingstocks.com/2010/05/12/cisco-easily-outpaces-analyst-estimates/http://www.bloggingstocks.com/2010/05/12/cisco-easily-outpaces-analyst-estimates/http://www.bloggingstocks.com/2010/05/12/cisco-easily-outpaces-analyst-estimates/#commentsFiled under: , , , , ,

cisco systems third quarter earnings reportSo far it has been a pretty solid earnings season, and that trend continued this afternoon with tech giant Cisco Systems, Inc. (CSCO) posting better than expected results for its fiscal third quarter.

The company earned $0.42 during its third quarter, easily outpacing the $0.39 that Wall Street had been expecting to see.

Continue reading Cisco Easily Outpaces Analyst Estimates

Cisco Easily Outpaces Analyst Estimates originally appeared on BloggingStocks on Wed, 12 May 2010 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CiscoCisco SystemsCSCOearningsinthenewsJohn ChamberstechWed, 12 May 2010 18:30:00 EST<![CDATA[Apple Stock Soars to All-Time High Following Strong Earnings Report]]>http://www.bloggingstocks.com/2010/04/21/apple-soars-to-all-time-high-following-strong-earnings-report/http://www.bloggingstocks.com/2010/04/21/apple-soars-to-all-time-high-following-strong-earnings-report/http://www.bloggingstocks.com/2010/04/21/apple-soars-to-all-time-high-following-strong-earnings-report/#commentsFiled under: , , , , , , ,

apple second quarter earnings reportShares of tech giant Apple Inc. (AAPL) rose to a new all-time high Tuesday afternoon after the company posted a 90% increase in profit for its fiscal second quarter, spurred by strong sales of its popular iPhone.

Heading into the earnings report, analysts had forecast $2.45 per share, but Apple shattered those estimates by posting $3.33 a share for the quarter. During the same period last year, the company reported earnings of $1.79 per share.

Continue reading Apple Stock Soars to All-Time High Following Strong Earnings Report

Apple Stock Soars to All-Time High Following Strong Earnings Report originally appeared on BloggingStocks on Wed, 21 Apr 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplapple inccomputersearningsearnings reportsfeaturedinthenewsipadiphoneipodmacmac computerssmartphonestechWed, 21 Apr 2010 09:00:00 EST<![CDATA[Apple's iPhone To Get Multitasking]]>http://www.bloggingstocks.com/2010/04/08/apples-iphone-to-get-multitasking/http://www.bloggingstocks.com/2010/04/08/apples-iphone-to-get-multitasking/http://www.bloggingstocks.com/2010/04/08/apples-iphone-to-get-multitasking/#commentsFiled under: , , , , , , , , ,

iphone multitaskingThis summer, Apple Inc. (AAPL)'s iPhone and iPad are going to have a feature that iPhone users have been dying to see since the phone hit the market in 2007... the ability to multitask.

The iPhone took the world by storm when it was released, and each time Apple releases a new model of the popular smart phone consumers line up and wait for hours, and in some cases days, to get their hands on the new Apple iPhone. While the phone is one of the most popular phones on the market today, there are a couple of issues with them, and the inability to multitask ranks up at the top of list of features that iPhone users have wanted.

Continue reading Apple's iPhone To Get Multitasking

Apple's iPhone To Get Multitasking originally appeared on BloggingStocks on Thu, 08 Apr 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAppleApple Incipadiphoneiphone appsmultitaskingsmartphonesteve jobstechThu, 08 Apr 2010 16:40:00 EST<![CDATA[Oracle Tops Analyst Estimates]]>http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/http://www.bloggingstocks.com/2010/03/25/oracle-tops-analyst-estimates/#commentsFiled under: , , , , ,

orcl earnigns reportThis afternoon tech giant Oracle Corporation (ORCL) reported its fiscal third quarter numbers, and as analysts expected it was a strong quarter for the California based company, which easily outpaced analyst estimates.

As we noted in our Oracle earnings preview, analysts had been expecting to see the company post earnings of $0.35 per share. The company's actual earnings came in at $0.38 per share, excluding one-time items.

Continue reading Oracle Tops Analyst Estimates

Oracle Tops Analyst Estimates originally appeared on BloggingStocks on Thu, 25 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursAfterHoursearningsearnings reportsEarningsReportsfeaturedinthenewsOracleORCLtechtechnologyThu, 25 Mar 2010 17:30:00 EST<![CDATA[Oracle Third Quarter Earnings Preview: Is Tech on the Rebound?]]>http://www.bloggingstocks.com/2010/03/25/oracle-third-quarter-earnings-preview-is-tech-on-the-rebound/http://www.bloggingstocks.com/2010/03/25/oracle-third-quarter-earnings-preview-is-tech-on-the-rebound/http://www.bloggingstocks.com/2010/03/25/oracle-third-quarter-earnings-preview-is-tech-on-the-rebound/#commentsFiled under: , , , , ,

Tech giant Oracle Corp. (ORCL) will be reporting its fiscal third quarter numbers Thursday after the market close, and analysts are looking for a strong quarter from the company.

The company is expected to report earnings of 38 cents per share. During the same period last year, the company had earnings of 35 cents a share.

Continue reading Oracle Third Quarter Earnings Preview: Is Tech on the Rebound?

Oracle Third Quarter Earnings Preview: Is Tech on the Rebound? originally appeared on BloggingStocks on Thu, 25 Mar 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>barclaysearnings previewEarningsPreviewforecastsOracleORCLSAPsoftwaretechThu, 25 Mar 2010 10:00:00 EST<![CDATA[Hewlett-Packard Trading Higher After Hours Following Strong Q1 Earnings]]>http://www.bloggingstocks.com/2010/02/17/hewlett-packard-trading-higher-after-hours-following-strong-q1-e/http://www.bloggingstocks.com/2010/02/17/hewlett-packard-trading-higher-after-hours-following-strong-q1-e/http://www.bloggingstocks.com/2010/02/17/hewlett-packard-trading-higher-after-hours-following-strong-q1-e/#commentsFiled under: , , , ,

Shares of Hewlett-Packard (HPQ) are up nicely in after hours trading this afternoon following a better than expected report for the company's fiscal first quarter.

Going into this afternoon's earnings report Wall Street was expecting to see the company show earnings of $1.06 a share. The actual figure came in above analyst estimates at $1.10 a share.

During the same period last year the company had earnings of 93 cents per share.

Continue reading Hewlett-Packard Trading Higher After Hours Following Strong Q1 Earnings

Hewlett-Packard Trading Higher After Hours Following Strong Q1 Earnings originally appeared on BloggingStocks on Wed, 17 Feb 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>computersearningsearnings reportfeaturedhewlett-packardHPQtechWed, 17 Feb 2010 18:00:00 EST<![CDATA[Amazon Trades Lower Despite Topping Estimates for Third Quarter]]>http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/http://www.bloggingstocks.com/2010/01/28/amazon-trades-lower-despite-topping-estimates-for-third-quarter/#commentsFiled under: , , , , , ,

Amazon Fourth Quarter EarningsShares 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.

Continue reading Amazon Trades Lower Despite Topping Estimates for Third Quarter

Amazon Trades Lower Despite Topping Estimates for Third Quarter originally appeared on BloggingStocks on Thu, 28 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplamazonamznapplee-commerceearningsearnings reportsEarningsReportsfeaturedgood newsGoodNewsinternetipadkindlemajor movementMajorMovementonlineonline bookstoresOnlineBookstorestechThu, 28 Jan 2010 18:00:00 EST<![CDATA[Did Steve Jobs Pull a Fast One at the iPad Unveiling?]]>http://www.bloggingstocks.com/2010/01/28/did-steve-jobs-pull-a-fast-one-at-the-ipad-unveiling/http://www.bloggingstocks.com/2010/01/28/did-steve-jobs-pull-a-fast-one-at-the-ipad-unveiling/http://www.bloggingstocks.com/2010/01/28/did-steve-jobs-pull-a-fast-one-at-the-ipad-unveiling/#commentsFiled under: ,

Just when you have had enough of hearing about Apple's (AAPL) iPad, I have something else for you. It seems Steve Jobs may have issued a bit of a surprise at yesterday's iPad unveiling. The surprise? The price. According to the ValleyWag blog, some Apple bigwigs were told that the price of the iPad was pegged at $399 -- not the $499 that Steve Jobs revealed.

Is this true? It wouldn't be the first time that a rumor like this circulated. The first comment brings up the rumor that the Macintosh was set to carry a price tag of $999, but that Steve Jobs pulled a fast one -- doubling the price thanks to the marketing of the computer. Is this a substantiated story? No, it ranks up in the pantheon of lore like the cocaine in Coca-Cola.

Continue reading Did Steve Jobs Pull a Fast One at the iPad Unveiling?

Did Steve Jobs Pull a Fast One at the iPad Unveiling? originally appeared on BloggingStocks on Thu, 28 Jan 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Applefeaturedinthenewsipadsteve jobstechtechnologyThu, 28 Jan 2010 11:30:00 EST<![CDATA[Qualcomm Off Sharply Following Weak Q2 Forecast]]>http://www.bloggingstocks.com/2010/01/28/qualcomm-off-sharply-following-weak-q2-forecast/http://www.bloggingstocks.com/2010/01/28/qualcomm-off-sharply-following-weak-q2-forecast/http://www.bloggingstocks.com/2010/01/28/qualcomm-off-sharply-following-weak-q2-forecast/#commentsFiled under: , , ,

Shares of semiconductor giant Qualcomm (QCOM) traded sharply lower Wednesday afternoon after the company's fiscal first quarter earnings report during which QCOM lowered its second quarter forecast.

As we noted in our QCOM earnings preview, analysts were expecting to see the company post earnings of 56 cents per share for its fiscal first quarter, and the company was able to outpace estimates by showing earnings of 62 cents per share excluding items.

Continue reading Qualcomm Off Sharply Following Weak Q2 Forecast

Qualcomm Off Sharply Following Weak Q2 Forecast originally appeared on BloggingStocks on Thu, 28 Jan 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>after hoursBadNewsearningsearnings reportEarningsReportfeaturedforecastsQCOMQualcommsemiconductortechtechnologyThu, 28 Jan 2010 09:00:00 EST