With Apple (AAPL) set to report quarterly earnings next Tuesday, analysts are dusting off their spreadsheets, taking a second look at the numbers, and making adjustments -- mostly upward.
On Friday, it was Morgan Stanley and J.P. Morgan Securities' turn.
The J.P Morgan team, led by Mark Moskowitz, raised most of his Apple estimates, including
Price target (to $167.50 from $155),
Q3 earnings estimate (to $1.23 a share from $1.12)
iPhone unit sales (to 4.34 MORE
Mobile platforms VP Andy Rubin talks about Android, Chrome, and the smartphone.
The second Google (GOOG) phone in the U.S. had a showcase event last week in San Francisco, and afterward I sat down with Andy Rubin, vice president of mobile platforms at Google.
Rubin believes Google helps consumers
I asked him about Google's vision for the Android smartphone operating system, whether the search giant is sending mixed messages by promoting both MORE
Jon Fortt - Jul 17, 2009 8:00 AM ET
What recession? How to land great new tech sector gig -- today.
By Christopher Lochhead, strategy advisor and former chief marketing officer, Mercury Interactive
Do you love your work? Are you at a winning company? Are you part of an ass-kicking team?
Christopher Lochhead wants your next job to be legendary
Does your company have a real technology competitive advantage? Are you making the money you want? Is your company handling the economic downturn well? MORE
Jul 17, 2009 8:00 AM ET
As you may have heard, Apple (AAPL) on Wednesday pulled the plug on a much-hyped feature of the Palm Pre: its ability to sync seamlessly with iTunes.
On Thursday Palm's (PALM) shares took a nosedive, falling 7.4% in early trading from Wednesday's high as the rest of the market was enjoying a midsummer bull run.
But by the end of the trading day, Palm was back where it started Wednesday, no worse MORE
Philip Elmer-DeWitt - Jul 17, 2009 7:24 AM ET
more about "CNBC IBM Google", posted with vodpod
On The Kudlow Report on CNBC, Jon Fortt discusses whether the tech rally still has legs.
Jon Fortt - Jul 16, 2009 8:23 PM ET
About 1% of global workforce affected
Cisco Systems (CSCO) on Thursday continued trimming its workforce at its San Jose, CA, headquarters. Sources close to the company say between 600 and 700 employees at the networking giant received layoff notices. "This limited restructuring is part of our ongoing, targeted realignment of resources and was previously discussed on our fiscal second and third quarter 2009 earnings calls," a statement issued by Cisco reads. MORE
Michael V. Copeland, Senior Writer - Jul 16, 2009 4:03 PM ET
For a mere $1.5 million, you can unleash your inner submariner
If you have been wondering why anybody would want a submarine, here's the answer: Because slipping under the ocean surface at the speed of a cruising grey whale is one of the coolest things you'll EVER do.
Of course, getting your submariner card punched isn't such an easy thing. The sub world is broken down into two rarefied fleets. There MORE
Michael V. Copeland, Senior Writer - Jul 16, 2009 12:29 PM ET
Warren East, chief executive of ARM, holds up an HTC Touch Diamond2
It's 9:30 A.M. on a Friday in Cambridge, England, and ARM CEO Warren East looks annoyed. Bloomberg has just reported that UBS has downgraded his company's stock to a sell. The news is plausible, since ARM (which used to stand for Advanced RISC Machine) depends on the troubled cellphone market. But it turns out that Bloomberg simply got MORE
Jon Fortt - Jul 16, 2009 11:00 AM ETPenelope Patsuris - Jul 16, 2009 10:01 AM ET
It's numbers like these that make you wonder what exactly Gartner and IDC are measuring.
In competing reports issued Wednesday afternoon, the two leading PC market research firms reported domestic Mac shipments for the second quarter of 2009 that differed by more than 200,000 units.
Gartner reported Apple (AAPL) shipping 1.422 million Macs in the U.S., a 2.5% increase over Q2 2008 in a quarter that saw overall PC shipments in the MORE
Philip Elmer-DeWitt - Jul 16, 2009 9:12 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.29 | -0.01 | -0.14% |
| Ford Motor Co | 12.21 | -0.53 | -4.16% |
| Frontier Communicati... | 4.31 | -0.16 | -3.58% |
| Microsoft Corp | 29.23 | -0.27 | -0.92% |
| Juniper Networks Inc... | 21.69 | -0.68 | -3.04% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,660.46 | -74.17 | -0.58% |
| Nasdaq | 2,816.55 | 11.27 | 0.40% |
| S&P 500 | 1,316.33 | -2.10 | -0.16% |
| Treasuries | 1.90 | -0.03 | -1.71% |
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