Coffeehouse Thread

13 posts

Tech sector bloodbath?

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  • User profile image
    cbae

    AAPL down 3%

    GOOG down 2.5%

    AMZN down 3.6%

    NOK down 12.5%

    BBRY down 3.25%

    MSFT holding up relatively well today (-0.4%) but could be head fake.

    MSFT, IBM, and GOOG report today.

    Cross your fingers if your portfolio is heavily weighted in tech.

     

     

  • User profile image
    vesuvius

    @cbae: BBRY figures are surprising, very surprising..

  • User profile image
    cbae

    Missed revenues by $70 million, which is almost a rounding error. Beat earnings by 4 cents per share.

  • User profile image
    cbae

    GOOG trading up 3% in AH. Must have beaten analyst estimates, but I don't see the announcement yet.

    IBM, however, is trading down nearly 4% in AH.

  • User profile image
    cbae

    Business Division revenues up 8% YoY.

    Server & Tools revenues up 11% YoY.

    Online Services revenues up 18% YoY.

    Entertainment and Devices revenues up 56%.

    And get this:

    Windows Division revenues up 23% YoY.

    Where the hell is all this money coming from?

     

  • User profile image
    Bas

    , cbae wrote

    Entertainment and Devices revenues up 56%.

     

    What the?

  • User profile image
    PopeDai

    , Bas wrote

    *snip*

     

    What the?

    We sold 2 more Windows Phones this year!

  • User profile image
    cbae

    , Bas wrote

    *snip*

     

    What the?

    Maybe they sold a buttload of XBL subscriptions.

  • User profile image
    cbae

    Online Services posted a loss of $262 million. At the current rate, they could actually turn a profit next quarter or quarter after.

  • User profile image
    cbae

    Here is the headline on The Verge:

    Microsoft Q3 2013 financials: Windows revenue flat, CFO Peter Klein departing at end of quarter

    LOL

    No mention of beating earnings estimates by 4 cents per share.

     

  • User profile image
    Heywood_J

    , cbae wrote

    Business Division revenues up 8% YoY.

    Server & Tools revenues up 11% YoY.

    Online Services revenues up 18% YoY.

    Entertainment and Devices revenues up 56%.

    And get this:

    Windows Division revenues up 23% YoY.

    Where the hell is all this money coming from?

    Just got a call from Mark Twain.  The reports of Microsoft's death have been greatly exaggerated.

  • User profile image
    Dirtbagg

    I was working for Broadcom, They are moving their High speed NIC for servers quality assurance to India by June. 50 people lost their jobs in Southern California.

    Myself being one of them

  • User profile image
    GoddersUK

    @Dirtbagg: That's unfortunate Sad I hope you can find something else soon.

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