For Immediate Release
Chicago, IL – May 29, 2013 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Microsoft Corp. (MSFT), Sony (SNE), Google (GOOG), Apple (AAPL) and Research In Motion (BBRY).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Tuesday’s Analyst Blog:
Microsoft, NFL Enter into Partnership
Microsoft Corp. (MSFT) and the National Football League (:NFL) have announced a multiyear partnership where NFL will use Microsoft’s Xbox One and Surface technology to deliver unique NFL viewing on Xbox One.
Following the agreement, Microsoft will provide enhanced interactive experiences through devices such as Surface and Xbox One. The partnership will lead to a viewing experience enriched by innovations around Xbox SmartGlass and Skype.
The partnership will also enable NFL teams to access Microsoft solutions, which will enhance on-field communications, photo viewing and play calling among players and coaches. Thus, on-field performance and decision-making will improve with the help of technology.
Microsoft has lost its top position in the gaming console market to Sony (SNE). Sony’s PS3 gained the top slot and sold 1,808,127 units in March. It was followed by Microsoft’s Xbox 360 and Nintendo’s Wii, which sold 1,213,932 and 455,946 units, respectively. Thus, deals such as this one could help Microsoft play catch-up in the gaming console market.
Currently, just like other PC makers, Microsoft is also battling the slump in the PC market caused by the sluggish economy. To make matters worse, tablets continue to cannibalize its core PC market. Although Microsoft has launched its own mobile devices (both tablet and smartphone), it will have to deal with significant competition in these markets.
According to a report by IDC, Google’s (GOOG) Android OS shipments touched 162.1 million units in the first quarter of 2013, up 79.5% year over year. In the process, it captured 75% market share, followed by Apple’s (AAPL) iOS, which managed to hold on to a 17.3% share and Research In Motion’s (BBRY) Blackberry OS, which captured 2.9% market share. The Windows OS lagged far behind with a mere 3.2% share.
Despite these concerns, Microsoft remains one of the best positioned software vendors, given its wide range of products, emerging markets’ strength, continued technology deployment at data centers and growth in cloud computing. We believe that Microsoft’s current investments are supported by its strong balance sheet and expect these to drive the next growth phase, improving prospects of market share gains.
Microsoft reported revenues excluding deferrals of $20.49 billion in the third quarter of fiscal 2013, which were down 4.5% sequentially but up 17.7% from last year, more or less in line with our estimates. All segments grew strongly from the year-ago quarter but declined only slightly from the seasonally strong December quarter. Microsoft’s Business Division grew both sequentially and year over year.
Microsoft has a Zacks Rank #3 (Hold).
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: https://twitter.com/zacksresearch
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Zacks Investment Research
800-767-3771 ext. 9339
More From Zacks.com