During the Apple (AAPL) Q2 2012 earnings call yesterday, Apple announced that it sold 35.1 million iPhones, 11.8 million iPads, 7.7 million iPods and 4 million Macs. During the same period, its earnings also saw similar massive growth of 92% in Q1 2011 and that of Q1 2012 growth of 94%. The iPad is growing at a faster rate than the…
Tag: US Stock Prices
McDonald’s (MCD) has a change in top management – business profitability should be intact | Accumulation on weakness | US Stock Market
On 23rd March 2012, Jim Skinner was set to retire from McDonald’s (MCD) after 41 years with the fast food giant, the last seven and a half as CEO. Skinner will be handing off to Don Thompson, the chief operating officer and former head of McDonald’s USA, on June 30. Thompson moved from engineering to operations after just a few years at…
Dow Jones Industrial Average Index $INDU – consolidation phase | Take profit and await re-entry | US Stock Market
It is no doubt the US economy is heading towards the needed recovery as seen by the published macroeconomics data since the past 2 months. Just yesterday (13th Jan 2012), the US consumer-sentiment index reached 74 in the preliminary reading for January, compared with 69.9 in December. Jobs growth reached 200,000 in December, 4.7% higher than the prior year.Mortgage rates…
HP (HPQ) stock price falls amid analysts’ downgrades on weak investors’ confidence in new business directions | US Stock Market
Last Friday (19th Aug 11), the technology giant, HP (HPQ) shed about $12 billion of its market value as more than half a dozen Wall Street analysts downgraded its stock, citing a litany of concerns over the company’s ability to reinvent itself. Friday’s drop of $5.91, to $23.60 a share, came a day after HP said it would seek to…
House of Republicans and Senate approved raise of US Debt Ceiling but market waivers with risk of US rating cuts | Fundamental Analysis | US Stock Market
Last night (2nd Aug 2011), the Senate finally approved a proposal (74 to 26 votes) that increases the $14.3 trillion debt limit by up to $2.4 trillion in two stages, and by the Congressional Budget Officeís tally, reduces deficits by $2.1 trillion over a decade. Yet even with the cuts, the United States is projected to increase the national debt by…
RIM profit warning sends RIM stock price to 52 weeks low | Technical Analysis | US Stock Market
Shares in Research In Motion Ltd (RIM) tumbled late Thursday 9th Jun 2011 after the BlackBerry maker posted fourth-quarter earnings in line with forecasts, but said costs to launch the PlayBook tablet would drive future profits lower in the near term. RIM said its gross margin, or the percentage of sales left after production costs, will be about 41.5 per…
New weakness in bourses, new lows in Technical charts | Nasdaq, Dow Jones Industrial, Volatility Index | US Stock Market
For the week ending last Friday, most bourse indices has hit significant weeks low and US stock indices were down for consecutive 5 trading days on the backdrop of weak US & China economic data. Further downgrades of Greece by S&P added further anxiety among investors. Dow Jones Industrial index has breached the 2 important Moving averages and it should…
Google’s foray into the online to derive better revenues and share capital returns | GOOG.NYSE Technical Analysis | US Stock Market
On 14th April 2011, the company has just reported $8.58 billion in gross revenue for the first quarter of 2011, which represents a 27% increase over the first quarter of last year, but lower than analysts’ expectations. The key product – Google Search is still strong with good retained user base while the new innovations – Google Android & Chrome…
Good forward valuation for Apple Inc. AAPL – Accumulate on weakness in stock prices | Technical Analysis | US Stock Market
On the previous 20th April 2011, Apple released their Q2 2011 financial results. They report that Q2 revenue was $24.67 billion with a net profit of $5.99 billion. In addition, Apple sold 3.67 million Macs (28% increase from last year Q2), 18.65 million iPhones, (113 increase), 9.02 million iPods (17% decline) and 4.69 iPads. Financial Analysis of Apple Stock…
Weaknesses for Dow Jones Industrial Average and Nasdaq Composite indices, more to come? | Technical Analysis | US Stock Markets
Last night, the US markets are not spared from the full brutal sell-down triggered by the resurfacing of European debt issue and slowing China economy. Minutes into the opening bell, close to 130 pts was shaved off from the Dow Jones Industrial Average Index with main Dow Jones Components all affected. Dow Jones Industrial Average has been consolidating in a downward channel since early…