A look at recent tech-industry earnings
Jan. 13: Intel Corp. says net income jumped 48 percent, because of the strong demand on higher profit server chips. I think this is a one time event that will not last long. There will be a time when companies decide that they want to keep their existing hardware instead of dishing more money for that 10% more performance.
Jan. 18: Apple Inc.'s earning jumps too. I also think that it might not last. As more people have Ipods with more fierce competition, I think that their profit will decrease 3~4 year out with more innovative products. I think the current growth is overvalue which assume that apple can grow nonstop...
Jan. 19: EBay Inc. says fourth-quarter revenue rose 5 percent, as the healthy holiday shopping season bolstered growth in its online marketplace and PayPal online payments business.
Jan. 20: Google Inc. earned $2.5 billion during the final three months of 2010, a 29 percent increase from the prior year. Revenue climbed 26 percent to $8.44 billion. Man how much can google make...Is there a cap? I know that google has been pushing very hard for people to use their coupons. I wonder if this improves their buttom line.
Advanced Micro Devices Inc. says fourth-quarter income shrank from a year ago, when a big legal settlement it won from archrival chip maker Intel Corp. pumped up AMD's earnings. I kinda like how AMD is actually being quite conservative for their earning guides. I really do think the market is punishing them for things that they do not deserve. I am holding AMD right now so i might be biased..
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