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- Palm's Infusion from Elevation: Lifesaving?
- Elevation Partners, the private equity firm that gave Treo maker Palm PALM a new lease on life back in September, 2007, buying 25% of the company for $325 million, has done it again, agreeing to plow $100 million in the company in return for preferred shares, convertible into stock at...
- External links 2008-12-22
- Palm Deal: Lifeline, But Oh That Dilution
- Some views are starting to trickle in about today’s announcement that private equity firm Elevation Partners is giving $100 million in fresh money to Treo maker Palm PALM, which seemed on the risk of going out of business in a newly competitive smartphone market. Palm shares are currently up 42...
- External links 2008-12-22
- iPhone Authors Report Sales Surge on Christmas
- Whether or not the Macworld show next month — Apple’s AAPL last, it has announced — brings exciting new gadgets, the new year could see some rising numbers for sales of the company’s iPhone and its attendant software programs. Several authors of top-selling programs for the iPhone, distributed through Apple’s...
- External links 2008-12-29
- Apple: Look For Smaller iPhone, Larger iPod Touch
- While rumors of forthcoming Apple AAPL products for at Macworld next week have been relatively muted this month, Friedman, Billings, Ramsey analyst Craig Berger put out a note Wednesday morning stating that his “incremental checks into the Apple supply chain” have revealed the prospect that “a lower-cost version of the...
- External links 2008-12-31
- Apple iPhone 3.0: Makes It Feel Brand New
- In a couple of months, Apple AAPL will offer an update to its iPhone operating system that promises a few substantial changes. This weekend I installed a beta version of the software, known as the iPhone 3.0 firmware, obtained through Apple’s software developer program, on an iPhone. (My...
- External links 2009-04-21
- Netflix to See Increased Xbox Subscribers in Q2
- In advance of Netflix’s NFLX Q2 earnings report Thursday after the bell, Wedbush Morgan analyst Michael Pachter Monday morning writes that users of Microsoft’s MSFT Xbox gaming system have been signing up to Netflix’s streaming video service at an increasing pace, with 500,000 new users joining the service last quarter....
- External links 2009-07-20
- Corning Q2: Earnings Beat, But Shares Down on Light Outlook
- Fiber-optic glass maker Corning GLW Monday morning announced revenue for its Q2 fell 18% from the prior year, but rose 41% from Q1, to $1.395 billion, slightly beating the average estimate of $1.36 billion, while profit was neatly ahead of estimates, at 39 cents per share versus 32 cents. However,...
- External links 2009-07-27
- Palm Pre Sales 'Stable' at 25,000 per Week
- Pali Capital analyst Walter Piecyk, who has accused Sprint S of fumbling a good opportunity, says the situation with its sales of Palm’s PALM Pre smartphone may be poised from some good news for a change. On Pali’s research blog, Piecyk writes Thursday that sales of the Pre...
- External links 2009-07-30
- Sony Q1: Better than Expected Net Loss
- Sony’s SNE American Depository Receipts rose 68 cents, or 2.5%, to $27.96 Friday after the company reported lower sales than expected in its fiscal Q1 but a slightly better than expected net loss per share. Maxim Group analyst Mark Harding reiterated a “Buy” rating on the shares and a $34...
- External links 2009-08-02
- Palm: Target Raised to $17
- In a note to clients Friday morning entitled, “Out Come the Wolves,” Deutsche Bank analyst Jonathan Goldberg reiterates a “Buy” rating on shares of Palm PALM, raises his price target to $17 from $16, and writes that hand-wringing about the company’s “Pre” smartphone are wrong. “We think market...
- External links 2009-08-02
- Apple: The Microsoft of Smartphones?
- Apple AAPL “should be able to grow faster than the overall handset market without materially lowering prices,” concludes Sanford Bernstein analsyt Toni Sacconaghi, in a note Tuesday in which he raised his price target on Apple from $165 to $185. Sacconaghi has an “Outperform” rating on Apple shares. ...
- External links 2009-08-04
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