Massive Layoffs Expected at Nokia
This news story is posted together with the news to work with Microsoft against Google's Android and Apple Iphone. I ask...Why? The android platform is free. Why does Nokia have to do this and layoff a ton of its work force? Nokia's stock price is down a whopping 14% and I think they deserve it.
This I believe is a strategic suicide. Why does this company want to jump into a competitive atmosphere without good prospect of profit? In a couple years they will post billions of lost because of this strategic blunder then cancels the project. Nokia bye bye...I will stay away from this stock at all cost.
I think the financial competition among the phone and wireless industry is becoming to have some clear winners and losers. My fellow readers, if you plan to buy into stocks, stay away from the losers. It will save you lots of money.
Showing posts with label Apple. Show all posts
Showing posts with label Apple. Show all posts
Friday, February 11, 2011
Verizon iPhone Launch Day!: BOR-ing
Verizon iPhone Launch Day!: BOR-ing
lol ouch...I guess that everyone who has already bought Iphone already did...Verizon is late in the game so that they will not get much financial advantage out of it. It could make matter worse if they paid alot of money and commission to be able to carry iphone.
I think next quarter's stock earning will be hurt because of this flop...then the company's management can blame their lack of performance and earning blah blah because lack of interest for the iphone. So maybe I will stay away from buy verizon stock for now. You do not know whether or not it will bite your ass later.
lol ouch...I guess that everyone who has already bought Iphone already did...Verizon is late in the game so that they will not get much financial advantage out of it. It could make matter worse if they paid alot of money and commission to be able to carry iphone.
I think next quarter's stock earning will be hurt because of this flop...then the company's management can blame their lack of performance and earning blah blah because lack of interest for the iphone. So maybe I will stay away from buy verizon stock for now. You do not know whether or not it will bite your ass later.
Sunday, January 23, 2011
A look at recent tech-industry earnings
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..
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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