| Adobe’s Crash: Wash-Out or Tradebots Gone Wild? Dr. Duru submits: Adobe Systems, Inc. (ADBE) was punished on Wednesday for an earnings report that produced guidance slightly below analyst expectations (see earnings call transcript here). The stock dropped as much as 26% after ADBE guided Q4 earnings to $0.48-0.54 EPS vs. $0.53 analyst consensus and Q4 revenues $950M to $1.0B vs. $1.03B analyst consensus (from briefing.com). The severity of the sell-off did not seem justified by the small size of the miss. Perhaps the selling was more about a complete reversal of the over-excitement from two weeks ago on the heels of Apple’s (AAPL) announcement that the company is relaxing earlier restrictions to its iOS Developer Program license (sections 3.3.1, 3.3.2 and 3.3.9). The supposed implication for Adobe is that its tools can now be used in the production of applications (as long as they do not download code). The reversal in this euphoria was massive:Complete Story » seekingalpha.com |
Silicon Labs buys tech startup Austin-based Silicon Laboratories Inc. (Nasdaq: SLAB) has acquired early-stage semiconductor developer ChipSensors Ltd. for an undisclosed amount. feeds.bizjournals.com |
Intel Earnings Are Fine, But Can It Nail Tablets? The chip maker, already behind in the brewing tablet war, is scrambling to find a place. feeds.pcworld.com |
Why Android Outsells Windows Phone 7 One retailer’s data underscores all that’s wrong with Microsoft's platform and all that's right with Google's. feeds.pcworld.com |
8 Great Kinect Hacks Microsoft's new motion controller is less than a month old, but the DIY community has been busy pushing the Kinect's limits. Here are some of our favorite Kinect hacks. feeds.pcworld.com |