Tag Archives: hardware
Cisco Surges as Sales, Profit Beats Forecasts
(Story updated with CEO and CFO remarks) NEW YORK (TheStreet) — Cisco was surging 7.7% to $22.85 in extended-hours trading after the biggest maker of computer-networking equipment beat on both top and bottom lines for its fiscal third quarter. “We are well-positioned in major tech global growth markets,” CEO John Chambers said during the company’s earnings call Continue reading
Next Generation BeagleBone Available from element14 in China
SHANGHAI, May 11, 2013 /PRNewswire/ — Open hardware enthusiasts can be the first to receive this more powerful platform element14 has launched the much anticipated newest member of the BeagleBone… Continue reading
Skyworks Flies Past Q2 Estimates
NEW YORK (TheStreet) – Skyworks Solutions comfortably beat Wall Street’s estimates in its second-quarter results, released after market close. The Apple partner reported revenue of $425.2 million, a 17% improvement on the prior year’s quarter, and well above analysts’ estimate of $420.34 Continue reading
Cramer’s 6 Stocks in 60 Seconds: JNPR EW HSY PNRA RLGY LLY (Update 1)
Check out Jim Cramer’s latest trading recommendations on “Action Alerts Plus”. (Updates from 10:59 a.m. ET with closing information.) NEW YORK (TheStreet) — Here’s what Jim Cramer had to say on CNBC’s “Squawk On The Street” Wednesday Continue reading
Best Buy Drops as Samsung Delays S4 (Update 2)
(Updated from 3:53 p.m. EDT with more views from analyst) NEW YORK (TheStreet) — Sprint fell in New York as the mobile-phone operator and peer T-Mobile said they must delay the introduction of Samsung’s Galaxy S4 due to inventory challenges at the Korean electronics manufacturer. Samsung in a statement said that “due to overwhelming global demand of Galaxy S4, the initial supply may be limited.” The company said it expected to fulfill inventory to meet demands in the coming weeks. Continue reading
AAPL: All Aboard the Fire Tim Cook Bandwagon
NEW YORK (TheStreet) — I had a feeling this was going to happen. On April 17, I sounded the alarm arguing that Apple needs to fire Tim Cook. As long ago as last October, I warned that missteps such as MappleGate were the types of moves that would make a guy like Steve Jobs ax a B-player like Cook Continue reading
AAPL: All Aboard the Fire Tim Cook Bandwagon
NEW YORK (TheStreet) — I had a feeling this was going to happen. Continue reading
Best Buy May Be the Next Home Depot (Update 2)
Updated from 3:31 p.m. to reflect CNBC report of J.C. Penney CEO firing and closing share prices Continue reading
Phablets Are Just a Fad
NEW YORK (TheStreet) — Everyone is trying to figure out what’s going wrong with Apple , as if there’s a problem to solve. Analysts lead the fray, with their speculations, anecdotal data and bizarre conclusions Continue reading
Best Buy’s New Life After Takeover Trauma
Updated from 12:31 p.m. to include home sales data and closing share prices. NEW YORK (TheStreet) — Best Buy increasingly is finding new life after the company’s founder Richard Schulze ended six months of takeover negotiations without a formal offer and returned to the company’s board of directors as a “chairman emeritus.” While Best Buy is unlikely to admit that a half-year of being hostage to takeover negotiations was a distraction, recent developments such as a store-in-store partnership with electronics giant Samsung and a commitment to match price competitors such as Amazon , Wal-Mart and Costco indicate the company is hard at work trying to reposition in the competitive consumer electronics market. Continue reading
