Going into a short week of trading, big-cap techs about to report earnings are seeing mixed stock action, with the broader market up 1% in early trading. Of these, Netflix (NFLX) and SAP (SAP) led gains, while Verizon (VZ) was also up, and IBM (IBM) seesawed. Apple (AAPL), which reports next Tuesday and is the biggest stock of all, was up in early trading in the stock market today. Stocks endured a broadly rough time last week, with oil
No. 1 chipmaker Intel (INTC) is prepping for a stout Internet of Things battle with incumbent Taiwan Semiconductor Manufacturing (TSM), Semiconductors Advisers analyst Robert Maire said Friday. But in the cloud and connectivity world, Apple (AAPL)-supplier Taiwan Semiconductor has the upper hand, Maire wrote in a research report. “Intel is clearly invading Taiwan Semiconductor’s home court as management talked about all the connected technology
The steady drip-drip-drip of negative reports on Apple (AAPL) iPhone production and sales continued on Friday. Nomura Securities analyst Jeffrey Kvaal cut his forecasts for iPhone sales for the company’s fiscal first and second quarters. “The alarming supply-chain news is impossible to ignore,” Kvaal said in a note Friday. “The steady drip of disappointing news flow out of the supply chain has weighed heavily on Apple’s share price in recent