High Hopes for High Tech

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Oct 16 2006
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there’s plenty of optimism for heavyweights such as apple, motorola, yahoo and google … as earnings season gets into full swing …

with such high expectation from analysts, any lower figures to be reported might be punished with huge sell-off (gap-down) upon opening by these giants …
apple (AAPL) … merrill lynch analyst, richard farmer, says he expects ipod sales to be lower than expected … while boosting estimates for mac sales … farmer reckons sales of 7.7 million ipod in the quarter vs estimated 8.3 million … farmer expects 1.5 million macs vs estimated 1.44 million macs sales … at this level macs represent $2 billion or 43% of apple revenue estimation in the quarter …

motorola (MOT) … the biggest U.S. mobile-phone maker releases earnings on oct-17 … analyst estimate sales rose of 17% to $11.1 billion …

yahoo (YHOO) … said on sept-19 that sales would come in at low end of $1.12 to $1.23 billion … average analyst estimate for the quarter – revenue of $1.15 billion … competition from relatively new players in online advertising such as news corps “MySpace” and “YouTube” (which google just acquired) is taking a toll on sites like yahoo … also holding yahoo back is the delay of its improved advertising technology, nicknamed “Project Panama.” …

google (GOOG) … analysts expect google to announce revenue surged 73%, to $1.81 billion … jpmorgan’s khan says that google is not affected by the new competition from social networking sites because it already offers highly targeted advertising with high sales-conversion rates compared with sites such as yahoo … khan also wrote that microsoft’s (MSFT) msn and yahoo posed little threat to google in search …

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