Shares of the personal technology pioneer have lagged behind the Nasdaq, but the stock should get a pop on consumer demand for its newest products.
Apple (AAPL) has wildly underperformed other technology stocks, making the shares a bargain as the company enters the holiday shopping season with a new iPhone, iPad Mini and Mac laptops.
That's what many Wall Street analysts are saying.
Over the past three months, Apple shares have lost 18.6%, compared with a loss of 7.3% for the technology benchmark Nasdaq ($COMPX). Topeka Capital Markets analyst Brian White believes this drastic under-performance might be over. He called the sell-off in Apple shares "insanely insane," given the valuation at which Apple shares are trading. According to White's calculations, Apple is trading at 7.6 times 2013 earnings, excluding cash.
Each of these potential buys is a stalwart of one corner of the technology world; each offers investors a good bargain now and upside potential over the longer haul.
A decade ago, Microsoft (MSFT), Dell (DELL), Cisco (CSCO) and Intel (INTC) were known as the “four horsemen” of the technology world. But as the PC industry has given way to mobile and cloud computing, that quartet no longer dominates the landscape, much less the world of technology stocks. Today’s list of giant, 800-pound technology gorillas --those that have and will continue to shake up the world and dominate the markets -- are more likely to be companies like Google (GOOG) and Amazon (AMZN).
Then there are four technology companies out there that aren’t necessarily the biggest ones in which you could invest, or even ones that you would automatically add to your portfolio.But each of them is a stalwart of one particular corner of the technology universe; each offers investors some upside potential over the longer haul and has a solid argument for representing value at their current price levels.
One boasts the world's biggest virtual marketplace, while the dominant brick-and-mortar retailer is coming on strong in e-commerce. Where should you shop?
Every year since 1997, I've tried to do at least some of my Christmas shopping online.
What I have found is that, in general, Amazon.com (AMZN) wins my business. I find the search process at Amazon straightforward and the deliveries efficient, and the merchandise arrives as advertised.
That said, Amazon is likely to get less of my holiday spending in the future; the online giant is being forced by more states to collect state sales taxes, and Wal-Mart Stores (WMT) is emerging as a credible alternative in online commerce.
The cellphone maker was responsible for $527 million in losses in the tech titan's most-recent quarter, more than triple its amount from the same quarter last year.
It's been more than a year since search giant Google (GOOG) shelled out $12.5 billion to acquire Motorola Mobility. The acquisition was touted as a way for Google to secure a valuable portfolio of hardware patents and improve the company's competitive position in the market for smartphones and tablets, which has been dominated by Apple (AAPL).
So far, at least, the deal hasn't worked for Google. And on the heels of the company's disappointing third-quarter earnings report -- which was issued Oct. 18 and included the first full-quarter contribution from Motorola Mobility -- investors are beginning to wonder if it ever will.
The Finnish handset maker is desperate for a winner that can reverse its perilous slide toward irrelevance.
It's hard to fault investors for having abandoned phone giant Nokia (NOK). What was once a prominent company in a fast-growing market sustained a series of self-inflicted wounds, essentially ceding the smartphone market to Apple (AAPL) and Samsung.
But with renewed excitement stemming from Nokia's new Lumia 920, running on Microsoft's (MSFT) Windows 8 mobile operating system, investors want to know whether Nokia deserves a second look. (Microsoft publishes MSN Money.)
I'd like to think that Nokia can revive its fortunes with its new phone, but it's hard to discuss the prospects of the Lumia 920 without first considering its predecessor, the Lumia 900 -- particularly given how the company botched the launch. After getting its tail kicked by Research in Motion's (RIMM) BlackBerry, which then gave way to Apple's iPhone, Nokia needed a spark.
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[BRIEFING.COM] The major averages finished the session on a lower note as the S&P 500 lost 0.4% while the Nasdaq shed 0.1%. The Russell 2000, which paced the retreat on Tuesday and Wednesday, added 0.2%, trimming its December loss to 3.5%.
After spending the first half of the session in a steady retreat, the S&P 500 found technical support in the 1772 area. Upon reaching that level, the index reversed sharply, and marched back to its flat line. There was no particular catalyst ... More
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