ELECTRONICS

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Daily Outlook - Tech - July 21

Apple, the iPhone maker, is scheduled to report their fiscal third quarter 2009 results after the market closes on Tuesday. Analyst estimate between $1.02 earnings per share to a high of $1.31, with a consensus estimate of $1.15.

TI profit, outlook beats; cautious on economy

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Texas Instruments Inc posted a stronger-than-expected quarterly profit and outlook, but was wary about declaring that the worst was over for the economy and demand for its chips.
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Texas Instruments posts lower profit, revenue

Texas Instruments on Monday posted a drop in quarterly profits as chip demand fell along with sales of cellphones and other electronics due to the weak economy, but it said sales would improve this quarter.
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Daily Wrap up July 16 - Tech

Google Inc.'s second-quarter earnings were up 19 percent, but revenue slowed as advertising sales were down from the previous quarter. The search engine giant posted a profit of $1.48 billion, or $4.66 a share, compared with $1.25 billion, or $3.92 a share, in the same quarter last year.
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Nokia cuts profit, market share outlook

The world's top cell phone maker Nokia Oyj cut its profitability and market share forecasts due to tough competition, sending its shares sharply lower on Thursday.
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Palm shares sink after Apple closes iTunes sync

Shares of Palm Inc fell more than 3 percent on Thursday after Apple Inc closed a loophole in iTunes that had allowed the music management software to be synchronized with Palm's Pre phone.
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Mid-day Minute - July 16 Tech

The world's top cellphone maker Nokia cut on Thursday its forecast for second half profitability and 2009 market share at its key phone unit, sending its shares sharply lower. Nokia said its second-half underlying operating profit margin at its key phone unit would be at the first-half level of 11.3 percent. It had earlier forecast a second-half margin of 13-19 percent.
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Mid-Day Minute - July 16

Paulson sees no 'evidence of any illegal actions,' JP Morgan profit jumps 36 percent, Natural gas stockpiles increase below forecasts
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Sony Ericsson loses market share, sees tough H2

Mobile phone maker Sony Ericsson braced for a tough second half of 2009 after losing market share in the second quarter as its mid-range products found little favor among a declining customer base.
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Sony Ericsson posts pre-tax loss in second quarter

Mobile phone maker Sony Ericsson posted a second-quarter pretax loss in line with expectations on Thursday and repeated its forecast for the global handset market to contract at least 10 percent this year.
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Microsoft stores to open near Apple stores in fall

Microsoft Corp will open stores close to those of Apple Inc this fall, according to its chief operating officer, as it looks to win back the initiative in the battle for Main Street PC and gadget buyers.
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Intel results, outlook trump expectations

Intel Corp's second-quarter results blew past Wall Street's expectations and the chip maker gave a forecast for current-quarter revenue that also topped analysts' estimates.
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Blockbuster, Samsung set on-demand video pact

Blockbuster Inc on Tuesday announced an agreement that allows consumers to instantly view movies and video from its OnDemand service on Samsung's televisions and electronics devices.
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Nokia's Surge debuts at $80

Nokia on Monday introduced its new Surge, a Symbian S60-based Smartphone with video sharing for design for multimedia and entertainment mania.
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Dell sees modest decline in fiscal Q2 margins

Dell Inc expects to report a slight sequential increase in revenue for the quarter ending July 31, but it forecast a modest decline in gross margins due in part to higher component costs and an unfavorable mix of products.
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Intel to post strong 2Q

Intel Corporation is expected to post strong second quarter earnings despite a downturn in the chip industry.
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Stimulus packages spur Philips recovery hopes

Philips Electronics, Europe's biggest consumer electronics maker, said some of its key markets are primed for an upturn in sales, though any growth this year would likely be driven by government spending programs.
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LG launches app store, initial focus on Asia

LG Electronics Inc, the world's No. 3 handset maker, is launching an online store for mobile phone applications Tuesday with an initial focus on Asia and aspirations for a more global reach by year-end.

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