On February 15th Nvidia published their results for FY2012, ended 31th January 2012 and the results were a mixed bag.
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Fitch Ratings has downgraded Nokia’s (NYSE:NOK) long term rating to BBB-, which is the lowest investment grade and the outlook is still negative.
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Yesterday Apple (NASDAQ:APPL) unveiled the iCloud, its cloud service that aims to put Apple in the center of your digital life.
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Sony’s ostrich approach to security is bearing fruit, yet another site was hacked and another 1 million accounts compromised, this time, it was Sony Picture Entertainment.
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Nokia (NYSE:NOK) issued a press release that dropped the stock down 17% and generated a lot of buzz in the market.
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Every time Microsoft (NADSAQ:MSFT) lost a market and woke up one or two years after they start half-hearted attempts to regain the market.
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It is no secret in the market that Microsoft (MSFT) stock is underperforming. From a peak of 37 USD in 2007, the stock has passed the 25 USD floor and nobody is bullish about the stock.
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Nvidia (NASDAQ:NVDA) published their results last Thursday topping analyst estimates and six days later the stock was down 10%. What happened?
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This week CNET reported that Intel (NASDAQ:INTC) will develop another Atom architecture, one built on Intel’s upcoming 22nm process.
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Do you all remember in 2009 when Nvidia (NASDAQ:NVDA) did not have a chip to show that they were bragging “we’re not a hardware company, but a software company”?
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As is this writting the PSN and SOE are still down and Sony is issuing fairly hollow apologies to world + dog over it’s latest customer abuse.
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AH YES, WIRELESS USB, hands up everyone that’s using it – right, never mind then. Well, it seems like Samsung is trying to breathe new life into what so far has been a mostly useless extension of the USB standard by introducing a new chipset which is set to boost speed and lower power usage. Hopefully it also features a built in microscopic nuclear reactor so the remote device doesn’t need any additional power.
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AFTER ESCAPING THE FTC lawsuit with just a small dent in its cash position, Intel is back to the acquisition market and their next target is the wireless division of the German company Infineon. This division is responsible for the design of 3G modems and RF transmitters.
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TSMC has just released their Q210 financial statements and the picture is pretty bright. They managed to grow in sales, their margins increased and the ramp up of their 40nm process seems on track, their inventory days were almost the same and their debt is hedge only.
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Seagate just reported its best annual results ever, with $2.66 billion in revenues and $387 million in net profits and if you exclude stock repurchases, the company would have generated $1.4 billion in cash after repaying creditors. Seagate has now more than $2 billion in cash and only a small portion of its debt is in the short term, everything else is long term. With such a bright picture why is the market hitting so hard their stock after showing those numbers?
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