Tag Archives: rht

Apple Future Bright In Enterprise, Says Goldman Sachs

Apple (AAPL) iPhone sales seem to be losing some momentum among consumers, but the company’s future is bright in the enterprise market, according to Goldman Sachs’ latest survey of chief information officers. Microsoft (MSFT) is currently the top strategic IT vendor for CIOs, followed by Cisco Systems (CSCO) and IBM (IBM). “In terms of being the most strategic vendor three years from now, Apple, (Alphabet’s (GOOGL) Google, Red Hat (RHT) and Cisco

Apple Tops List As Best Technology Stock For 2016

Apple (AAPL) led a list of information technology and software companies as Drexel Hamilton’s top pick for 2016. Drexel analyst Brian White also listed Hortonworks (HDP), RedHat (RHT), and Tableau (DATA) as among his top stock picks. “Although we expect tech spending to remain relatively muted in 2016, we anticipate key secular technology trends to remain in full force,” White wrote. This includes the ramp of the mobile Internet, the build out of

Red Hat Stock Sets 15-Year Highs On Software Sales

Investors doffed their caps to Red Hat (RHT) Friday, pushing its stock to fresh 15-year highs after the company late Thursday provided Q3 earnings and sales that beat analyst expectations, as did its Q4 sales guidance. Red hot Red Hat stock gapped up 5.7% to 83.99 at the opening of the stock market today, eclipsing a Nov. 5 peak that hadn’t been seen since the 2000 dot-com bubble’s peak, shortly after Red Hat went public. Shares eased back later,