BlackBerry Tablet May Appear Next Week, Report Says
Research in Motion may introduce a tablet computer next week, according to a report in the Wall Street Journal. BlackBerry - Wall Street Journal - Research in Motion - Smartphone - tablet feeds.pcworld.com |
Verizon Exec: IPhone News Will Come From Apple
Verizon said to look to Apple for any announcement about a Verizon iPhone. feeds.pcworld.com |
What's Up With Technology?
Jim Farrish submits:The technology sector was hit by downgrades and profit taking yesterday. The Morgan Stanley High-Tech index lost 1.6% as the cloud computing stocks were hit by a round of what was termed profit taking. Equinix, Inc (EQIX) lost 33% on news they had cut prices to keep customers. That rippled into Citrix Systems (CTXS) moving down 14%, F5 Networks (FFIV) lost 12.2% and Rackspace Hosting (RAX) gave up 11.1%. These stocks have seen a significant rise based on the outlook for the sector as well as merger and acquisition activity. Is this just a pullback on profit taking or is there more downside risk? Pullback is the initial response from analyst and investors and it is definitely worth watching.Downgrades have been prevalent in the technology sector as well. Microsoft (MSFT) was downgraded earlier in the week and Xilinix (XLNX) and Altera (ALTR) were hit yesterday with downgrades. Why the shift by analyst towards the tech stocks? Concerns over margins and inventory build up in the semiconductor space. The slowdown in the summer relative to the economy is the drag on the outlook according to analyst. Valid concerns obviously as the sector has continued to struggle over the last four months. The chart below of the Morgan Stanley High-Tech index shows the break from the trading range and the current test of the breakout in progress. A retracement back to the trading range would be a test, below that point would be a big negative short term.Complete Story » seekingalpha.com |
HP Targets Slate 500 as a "Business Tablet"
HP is marketing its Windows 7 Slate 500 as a "business tablet", but is that distinction simply a marketing ploy to avoid competing with the iPad? feeds.pcworld.com |
Why One Company Bought 4,500 IPads
The increasing ubiquity of Apples iPad is evident in airports and technology conferences. feeds.pcworld.com |