Author Archives: Scalper1

China could make or break Apple’s fiscal Q1 report

When Apple (AAPL) reports its December-quarter earnings next Tuesday, its performance in China will be one of the most closely watched variables. Sterne Agee CRT analyst Rob Cihra said China is one of the “key swing factors” in Apple’s fiscal-first-quarter results. The country has been a huge driver of sales and profit for Apple, but lately has been showing signs of economic weakness. China accounted for an estimated 25% of all iPhone sales in

Microsoft News: Donating $1 Billion in Cloud Services, Recalling Surface Pro Chargers

Tech giant Microsoft Corp MSFT has announced that it has plans to donate $1 billion in cloud services over a three year period. The company wishes to provide access to these services to nongovernmental organizations, researchers, and

FireEye Rockets On $200 Mil iSight Buy; Q4 Sales Lag

FireEye (FEYE) stock surged late Wednesday after the firm announced its $200 million acquisition of cyber-threat intelligence company iSight Partners, but preliminary fiscal Q4 sales figures released in conjunction lagged Wall Street views and its own three-months-ago guidance. In after-hours trading, FireEye stock jumped about 6% after shares closed down 2.4% in the regular session. IBD’s 26-company Computer Software-Security Group fell 1% in