Apple Computer (AAPL) reports after the close today. Following Steve Jobs comments at MacWorld last week estimates have moved up sharply. Jobs guided to $5.7 billion in revenues for the December quarter and analysts who have adjusted their estimates are tightly clustered around this figure. There was no specific guidance on EPS at MacWorld so […]
As outlined below, I bit the bullet and sold all client and personal holdings in Yahoo (YHOO) this morning. I don’t think the YHOO story is over but the purchase was designed as a trade and discipline and the analysis in this post means that at least for the short-term it was time to move […]
NTL has raised its offer for Virgin Mobile and given minoirty shareholders an option to take stcok in the new NTL. Richard Branson has gone further and is willing to take a slight discount to what the minority Virgin shareholders will receive. The revised offer was enough to bring Virgin to the negotiating table as […]
The holiday weekend box office did nothing to stop the skeptics worries about faltering ticket sales as total receipts were down 16% from the same weekend a year ago, although vs. 2004 the receipts were up 6%. Despite the lackluster overall results, the news was good for Disney (DIS) and Lions Gate Entertainment (LGF)….
Blogs, press reports, and analysts are all noting that AAPL has received trademarks and patents on a series of products and services under “Mobile Me” branding. According to Pacific Crest Securities: A series of trademarks and patents filed recently indicate that Apple is preparing a connected ecosystem consisting of a mobile product and/or service. These […]
Lots of news from Apple Computer (AAPL) this week coming from its annual MacWorld convention. Steve Jobs introduced new Intel-based Macs six months ahead of schedule and there were lots of upgrades to iPod accessories and applications within AAPL’s iLife suite of digital media and internet products and services. Most importantly for the stock, Jobs […]
Northlake clients have been long Motorola (MOT) for over a year and were well-rewarded in 2005 when the shares rose over 30%. I lightened the position once in the low $20s and have been hoping to sell the balance in the $26-28 range. Analysts have begun to preview the company’s 4Q earnings report due on […]
“Sears Sees Stingier the Side of Holiday Sales” “Dismal Christmas Puts Heat on Sears Chairman” “Retail Experts Doubt Lampert’s Strategies” The headlines in a front page story from last Friday in the Chicago Tribune scream of the demise of Sears Holdings (SHLD). And the Trib is not alone. Virtually every retail expert quoted anywhere thinks […]
The last time I posted on Lions Gate Entertainment (LGF) was following their presentation at the UBS Media Conference. At the time, I wrote: I was dissatisfied with the explanation that Lions Gate Entertainment (LGF) provided at its presentation for the latest quarterly shortfall. I can accept the argument that free cash flow is the […]
The Sunday Telegraph is reporting Virgin Mobile shareholders want an increase of more than 20% in the original offer while rumors continue to swirl that indicate NTL is willing to bump its offer by 10%. The continuing rumors of private equity interest in the merged entity also complicate matters as Virgin Mobile shareholders want to […]
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