I have a few follow-up comments to my earnings call coverage of Apple Computer (AAPL). First, analyst commentary fell along the lines I expected. Estimates are going up, bullish analysts are reiterating their recommendations, and cautious analysts remain worried about valuation. So far I don’t see any upgrades or downgrades. Second, analysts are saying that […]
Apple Computer (AAPL) reported another excellent quarter. There is absolutely no reason that anyone who was bullish prior to the quarter should change their opinion. And there is reason to believe bears might have to rethink their position. Estimates will rise by about the same 5% increase in the stock price after hours so the […]
Although all client holdings of MOT were sold a few months ago, I am posting the latest earnings summary on the main page as the latest quarter highlights some of the reason why I sold the stock There was some good and bad in the Motorola (MOT) earnings report but the bottom line is that […]
Dow Jones (DJ) reported earnings a day ahead of schedule due to the announcement of its acquisition of the 50% interest in Factiva owned by Reuters. Reuters and DJ formed a 50/50 joint venture for Factiva in the late 1990s. DJ will now control of Factiva and consolidate its financials. Factiva is a subscription based […]
Tribune (TRB) reported an unimportant quarter form the perspective of the near-term stock price. It is not just that the near-term will be dominated by the outcome of the strategic review due by year end. The quarter was just more of the same, which means bad, and won’t move the needle at all. In fact, […]
New York Times (NYT) reported EPS of 10 cents but adjusted for one-time items, the figure could be as high 16 cents. Guidance was 11-15 cents, so it looks like it can be called at the high end of guidance and ahead of consensus of 12 cents. Revenues look about $10 million light after adjusting […]
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