Author Archives: Scalper1

Apple Supplier Qualcomm Stunted By China Negotiations

Tough negotiations with and underreporting by Chinese smartphone makers stunted Apple (AAPL) chip supplier Qualcomm’s (QCOM) fiscal Q1 guidance and, on Thursday, shares continued a drastic plunge. In early-afternoon trading in the stock market today, Qualcomm stock was down 14%, near 52, following the chipmaker’s late Wednesday fiscal Q4 earnings report. For Q4, Qualcomm reported an 18% dip in sales to $5.5 billion and 91 cents earnings per share

Better Buy: Microsoft Corp. vs. IBM

The past several years haven’t been kind to shares of longtime technology stalwarts Microsoft and IBM . In an industry where the only constant is change, Microsoft and IBM failed to recognize and react to

GoDaddy Stock Jumps On Q3 Beat, Overseas Growth Eyed

GoDaddy’s (GDDY) Q3 beat and raise and rosy outlook for international expansion sent the Web-hosting and domain registrar firm’s stock soaring on Thursday. GoDaddy reported a narrower-than-expected Q3 loss in the September quarter and said that it expects to be profitable in Q4. GoDaddy reported a 4-cent per-share loss compared with a 21-cent per-share loss in the year-earlier period. GoDaddy said that its Q3 revenue rose 15% to $411 million.