Looks like Apple is on track to deliver OS X Mountain Lion to consumers by the end of the July, as promised. On Monday afternoon, the company released a “golden master” of the OS to developers, giving them the final version of the software it hopes to release publicly later this month. Mountain Lion boasts a host of improvements and new features, including deeper integration with Apple’s iCloud service, AirPlay mirroring, and Facebook integration.
Sentiment: Strong Buy
Honestly I don't care I am a trader and just plan on dumping my 165 calls by 10 a.m. and enjoy the weekend trip to NY.
Gap (GPS): Maintains 2 STARS (sell) Analyst: Marie Driscoll, CFA April-quarter EPS of $0.22, vs. $0.28, is $0.01 above our estimate. Operating margin shrank 350 basis points to 7%, with gross margin down 210 basis points mirroring merchandise margin. With a mixed reaction to spring product, we see at least a few more quarters of weakness. We think closing 200 Gap stores and hiring talented designers are pluses. But we remain negative on the shares, given our concerns about brand maturity, about successfully repositioning Gap to 24-34 year olds, and about nimble competition. We are reducing our fiscal year 2008 (January) EPS estimate by $0.10 to $0.84, in line with $0.80-$0.90 guidance.
Autodesk Announces One Millionth 3D User
PR Newswire - May 17, 2007 5:27 PM ET
Symbol Last Chg
ADSK Trade 43.30 0.00
Real time quote.
Autodesk, Inc. (Nasdaq: ADSK), a world leader in 2D and 3D design software, today announced that it has passed the one million mark for users of its 3D model-based design solutions -- Autodesk Inventor software, Autodesk Revit software and AutoCAD Civil 3D software. This milestone underscores the broad demand for Autodesk's 3D solutions that deliver digital prototyping, allowing customers to visualize and simulate the real-world performance of their designs without a heavy reliance on costly physical prototypes.
Zacks Analyst Interview Highlights: SINA Corp., China GrenTech and China Mobile
BusinessWire - May 18, 2007 6:00 AM ET
Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Paul Cheung, who discusses SINA Corp. (Nasdaq: SINA), China GrenTech (Nasdaq: GRRF) and China Mobile (NYSE: CHL).
A synopsis of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678.
What companies in your coverage are you bullish on these days?
Internet content leader SINA Corp. (Nasdaq: SINA) recently announced its financial results for the first quarter of 2007, and although its revenue exceeded market consensus, its EPS was lower than market expectations. However, SINA, which is the most well-known online brand in China, continued to do well in its online brand advertising. The company has managed to increase its lead over its closest competitor in the online brand advertising market.
Moreover, the Beijing Olympic Games should significantly stimulate the online advertising business in China for the next several quarters. Therefore, we maintain our Buy rating for SINA, with a six-month target price of $45.00.