Smartphones Pulling AT&T and Verizon

In its second quarter results, AT&T (NYSE:T) reported that it activated 2.4 million iPhones in the quarter and its total number of iPhone customers is 9 million. It is not just AT&T that has benefited from the iPhone, even Verizon (NYSE:VZ) has benefited from the spurt in smartphones created to challenge the iPhone and the ensuing competition in prices and features. The latest challenger, Palm Pre, is expected on the Verizon carrier by early 2010. Let’s take a closer look. >>>

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Amazon: After Zappos, Who Else?

Amazon (NASDAQ:AMZN) put the right foot forward when it acquired Zappos last week for $928 million, clearly indicating their belief in the need for a verticalized offering with better margins. It was a move I had been championing for quite a while. Though their recent quarterly results were somewhat disappointing, I still believe Amazon has the right business strategy in place and the right leadership at its helm. >>>

EBay, Wake Up!

EBay continued to wander aimlessly during the quarter. Even though Q2 revenues exceeded the market’s expectations of $1.99 billion, they were down 4.5% over the year to $2.1 billion. Earnings for the quarter came in at $0.37 per share, falling 14% over the year but again managing to beat expectations of $0.36. >>>

What’s On Steve’s Mind?

Apple (NASDAQ:AAPL) reported a strong third quarter driven by strong Mac and iPhone sales. With the Palm Pre out and many other products competing with the iPhone, Apple is suddenly faced with tough competition. Let’s take a closer look. >>>

Yahoo! Going Nowhere

Yesterday Yahoo! (NASDAQ:YHOO) announced Q2 results which managed to meet the market’s expectations but did not do much to boost the stock. Revenues of $1.57 billion declined 13% over the year and 6% on a constant currency basis. EPS grew by a cent to $0.10 against the market’s expected $0.08. >>>

TI’s Results: Light In The Semiconductor Tunnel?

Yesterday Texas Instruments (NYSE:TXN), a leading semiconductor company with annual revenue of $12.5 billion, reported second quarter results that beat estimates and gave positive guidance for the third quarter. After Intel’s encouraging results last weeks, this is another shot in the arm for the semiconductor sector. Let’s take a closer look. >>>

Nokia Turns To North America To Bolster Market Share

Last Thursday Nokia (NYSE:NOK), the world’s leading mobile phone vendor with annual revenue of €50.7 billion, reported declines in its sales, profits, margins, and market share in its second quarter results. The company also cut its 2009 outlook for market share as it faces tough competition in the high-end smartphone sector from Apple, RIM and recently Palm with its innovative release, Palm Pre. However, one bright spot is the change in Nokia’s strategy towards the North American market. Let’s take a closer look. >>>

Google Steps Up Efforts To Go Beyond Search

Google’s Q2 results, announced yesterday, exceeded expectations but failed to bring much cheer to the online ad market. Revenues of $5.52 billion grew a meager 3% over the year but did exceed the market’s expected $5.49 billion. EPS of $5.36 also surpassed the expected $5.09. >>>

Mobile Processors Increasingly Important For Intel

Yesterday, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported better-than-expected second quarter results, raising hopes that the PC industry is on its way to recovery. It also provided a forecast that topped estimates. Let’s take a closer look. >>>

3Com: Huawei Sales Down, But Major Wins Outside China

Yesterday in its fourth quarter results, 3Com (NASDAQ:COMS), a top networking player, reported that it swung to profit and beat estimates, but with the continued decline in sales to its former partner Huawei, the company’s first quarter forecast missed estimates. Let’s take a closer look. >>>