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- GameStop Shares Down as Guidance Disappoints
- Eric Savitz (Barron's) submits: GameStop GME shares are down sharply Thursday morning following an earnings report that reflected disappointing same store sales - and weaker than expected guidance for the fiscal second quarter. For the fiscal first quarter ended May 2, the video game retailer posted revenue...
- External links 2009-05-21
- Apple: Netbook? No. Tablet? Maybe, But Not Yet
- Eric Savitz (Barron's) submits: Expectations that Apple AAPL will unveil a low-cost netbook at sometime within the next six months are not likely to be met, Piper Jaffray analyst Gene Munster asserts in a research note this morning. But Munster adds that he expects the company to introduce a...
- External links 2009-05-21
- The App Store: A Billion Downloads, But Not Much Revenue
- Eric Savitz (Barron's) submits: Apple AAPL has announced with no little fanfare that it already has had more than 1 billion downloads from the iPhone/iPod App Store. You’d think the company would be raking in big bucks. But maybe not. Jeremy Liew, of Lightspeed Venture Partners, wrote...
- External links 2009-05-14
- Palm: Target Increase to $14 in 'Pre' Anticipation
- Eric Savitz (Barron's) submits: With just 12 days to go before Palm’s PALM “Pre” smartphone hits shelves at Sprint S in the U.S., RBC Capital analyst Mike Abramsky Tuesday morning raised his price target on the stock from $12 to $14, writing that the Pre offers the benefits of...
- External links 2009-05-26
- Palm Pre Sales Good, But Not 'iPhone Great'
- Eric Savitz (Barron's) submits: Palm PALM shares are selling off Monday morning in the first trading day after the debut of the much awaited Pre smart phone, the first device to use the company’s new Web OS operating system software. According to Bloomberg, the phone sold out...
- External links 2009-06-08
- Apple WWDC: Analysis of the Analysts
- Eric Savitz (Barron's) submits: Apple AAPL shares are down slightly as the Street sorts out the ramifications of Monday’s assorted Mac, iPhone and software announcements. The details on the new iPhones had been fairly accurately leaked to the blogopshere; the updated MacBooks were more of a surprise, but hardly...
- External links 2009-06-09
- Palm Pre: Early Rave Reviews
- Eric Savitz (Barron's) submits: The early reviews are in for the Palm PALM Pre, and the news for the bulls is mostly good. In general, the phone is seen as a worthy rival for the Apple AAPL iPhone, with additional features like a removable battery a a...
- External links 2009-06-04
- Apple: Will Apple Cut the 8GB iPhone to $99?
- Eric Savitz (Barron's) submits: Is Apple AAPL going to attack the low end of the smartphone market with a big price cut in the 8 GB version of the iPhone? RBC Capital analyst Mike Abramsky thinks they might. In a research note Wednesday morning, he notes that...
- External links 2009-05-27
- RIM Boosted by Estimates Increase
- Eric Savitz (Barron's) submits: Research In Motion RIMM shares are getting an early lift from Goldman Sachs analyst Simona Jankowski, who Wednesday morning repeated her Buy rating on the stock, while increasing her EPS estimates and raising her price target on the shares to $96 from $85. The stock...
- External links 2009-06-10
- Palm Target Raised: Street Underestimates Sprint's Commitment
- Eric Savitz (Barron's) submits: Bank of America/Merrill Lynch analyst Vivek Arya Monday morning upped his rating on Palm PALM to Buy from Hold, while lifting his price target to $14, from $8.70. Arya contends the Street “underestimates Sprint’s S commitment to Palm’s success and [the] strength of...
- External links 2009-04-20
- Corning: Time to Take Profits?
- Eric Savitz (Barron's) submits: Oppenheimer analyst Yair Reiner Monday morning cut his rating on Corning GLW to Perform from Outperform, after the stock topped his $15 price target. Reiner asserts in a research note that the LCD glass maker should beat the Q1 consensus, and is likely to issue...
- External links 2009-04-13
- Nokia Sees Handset Demand Stabilizing
- Eric Savitz (Barron's) submits: Nokia NOK shares are headed sharply higher Thursday morning after the company indicated the worst may be over for the mobile phone business. For the first quarter, the company posted revenue of 9.276 billion Euros, down 26.7% year over year, and 26.8% sequentially....
- External links 2009-04-16
- Corning Q1: Beats Estimates, Raises '09 Glass Forecast
- Eric Savitz (Barron's) submits: Corning GLW Monday morning posted Q1 revenue of $989 million, down 9% sequentially and 39% year over year, but above the Street consensus at $963.4 million. Likewise, non-GAAP EPS of 10 cents a share beat the Street consensus estimate of a nickel a share. ...
- External links 2009-04-27
- RIM: The Street Gets the Warm and Fuzzies
- Eric Savitz (Barron's) submits: Research In Motion RIMM didn’t provide a lot of concrete news at its analyst day Monday; there were no new models unveiled, and no updated financial guidance. But the analysts nonetheless came away from the event feeling generally more upbeat on the company than when...
- External links 2009-05-05
- Can Dell Succeed in Smartphones?
- Eric Savitz (Barron's) submits: There’s growing conviction on the Street that Dell DELL is not all that far away from making a push into smartphones. Bernstein Research analyst Toni Sacconaghi Tuesday asserts that Dell is likely to unveil its first smartphones within six months. But does the company have...
- External links 2009-04-28
- Kodak Q1: Posts Big Loss, Cuts Dividend
- Eric Savitz (Barron's) submits: Eastman Kodak EK Thursday morning posted a larger-than-expected first quarter loss, suspended dividend payments and announced some new steps to cut costs. For the quarter, Kodak posted sales of $1.48 billion, down 29% from a year ago, and well below the Street consensus...
- External links 2009-04-30
- RIM: A Good Bet in a Recovery
- Eric Savitz (Barron's) submits: Thinking ahead, UBS analyst Jeffrey Fan Friday morning upped his rating on Research In Motion RIMM to Buy from Neutral, and raising his rating on the shares to $90 from $65. His theory: the stock will be a good bet in an economic recovery. ...
- External links 2009-05-01
- Palm: Morgan Advises to Sell on Weak Sales
- Eric Savitz (Barron's) submits: Asserting that sales of the Pre smart phone will disappoint the Street, Morgan Joseph analyst Ilya Grozovsky Thursday morning downgraded Palm PALM to Sell from Hold, setting a price target of $7.50, well below Wednesday’s close at $12.84. Grozovsky writes in a...
- External links 2009-08-13
- Nokia: Down on Revenues, Market Share and Margins
- Eric Savitz (Barron's) submits: Nokia NOK shares are getting hit hard Thursday morning on a seriously disappointing outlook from the company for the rest of the year. Results for the second quarter were less than stellar. Revenues for the quarter were 9.9 billion Euros, up 6.9% sequentially,...
- External links 2009-07-16
- Palm: Who Needs iTunes? How About PalmTunes!
- Eric Savitz (Barron's) submits: OK, so there is no such thing as PalmTunes. But maybe there should be. As you no doubt know by now, Apple AAPL Wednesday provided a new version of its iTunes software with a new “feature,” which is that it blocks...
- External links 2009-07-16
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