|Bid||49.87 x 900|
|Ask||49.99 x 900|
|Day's Range||49.50 - 50.44|
|52 Week Range||41.58 - 70.55|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||15.89|
|Earnings Date||Nov 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||66.16|
Synnex (SNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
(Bloomberg) -- Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.PC shipments climbed to 68 million units in the period that ended Sept. 30, researcher Gartner Inc. said Thursday in a report. Lenovo Group Ltd., the China-based owner of the ThinkPad lineup of professional devices, held almost 25% of the global market, widening its lead against U.S. rival HP Inc.Computer makers have been concerned by the U.S.-China trade war and Intel Corp.’s chip shortage, but Mikako Kitagawa, a Gartner analyst, said neither played a major role in the third-quarter shipments. “The Windows 10 refresh cycle continued to be the primary driver for growth across all regions,” she said in a statement.HP, the global No. 2, continues to be the largest PC vendor in the U.S. The company has sought customers seeking more expensive machines, such as gaming enthusiasts, to boost profit margins. Dell Technologies Inc., which focuses on selling corporate PCs, rounded out the global top three while Apple Inc. held the fourth spot with 7.5% of the worldwide market.To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew Pollack, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Apple's (AAPL) latest version of desktop operating system software MacOS Catalina comes with new apps and features and addresses security breaches and other issues.
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]
In an attempt to boost its foothold in the gaming market, Logitech (LOGI) bolsters its product portfolio with the launch of a new keyboard designed for gamers.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Dell Technologies (DELL) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the second quarter. You can find write-ups about an individual hedge fund's trades on numerous financial […]
Salesforce Ventures, the global corporate investment group of Salesforce.com Inc., is also a backer in the round of funding.
(Bloomberg Opinion) -- News that the U.S. government accepted some and rejected other tariff-exemption requests by Apple Inc. offers a veneer of triumph both for Tim Cook and President Donald Trump. As a result of the decision, the company could have to shell out more for components of the Mac Pro. It also means the victors from this charade are neither Texas – where the computer will be assembled – nor China, where the parts will be sourced. More likely, countries such as Vietnam, Mexico and Taiwan will reap the spoils, as they’ve done throughout the trade war.Companies including HP Inc. and Dell Inc. have been looking to shift their supply chains as the Trump administration tries to wean American companies from their reliance on Chinese suppliers. Officials have also allowed companies to apply for exemptions.According to the U.S. government, these exclusions are granted based on three factors: Whether the item is available only from China, and whether it (or a comparable product) is available in the U.S. or a third country Whether the additional duties on this item would cause severe economic harm to the applicant, or other U.S. interests Whether this item is strategically important, or related to Chinese industrial programsYet a look at the Mac Pro components that made the cut and those that didn’t shows just how random this game really is. Accepted: Structural frame for an automatic data processing machine comprised of stainless steel vertical bars, aluminum top bridge plate and bottom plate, and stainless steel feet. Translation: No tariff on the Mac Pro frame.Rejected: Modular caster wheel assembly. Translation: Tariffs to be paid on the Mac Pro’s optional wheel set.A metal PC case probably won’t advance China’s semiconductor industry, but the notion that Apple cannot source that “stainless steel space frame” anywhere in the world but China beggars belief. Given that the U.S. is known to churn out civilian, military, and interplanetary aircraft, the revelation that it cannot sculpt a few feet of metal to hold an 18-kilogram (40-pound) computer must be of profound disappointment to Donald Trump’s America.The list of five items that were rejected reveals something else, too: Not one of them is deeply dependent on China as a supplier. Denied from exemption are a data cable, a power cable, a central processor heatsink, a printed circuit board and that wheel assembly.One possible provider for the power cable is Taipei-based Delta Electronics Inc., which already supplies to Apple from factories in China, Taiwan and Thailand. It plans to invest $1.8 billion in Taiwan to boost production and R&D. Delta is part of a growing repatriation trend: When Inventec Corp., a maker of laptops and Apple Airpods, realized that making U.S.-bound computers in China was a liability it chose to move its factories out – not to the U.S., as Trump intended, but to Taiwan.Apple’s data cable, meanwhile, could be sourced from Taiwan’s Cheng Uei Precision Industry Co., also known as Foxlink, which has factories in Taipei as well as Vietnam, India, Myanmar and the U.S.The remaining items on that Apple tariff list are rather generic, meaning there are dozens of companies Apple can turn to. While most of those alternate suppliers are expanding their non-China footprint, few are increasing their U.S. presence.Mexico, for example, was home to seven Apple sourcing factories in the company’s 2018 Supplier Report published this year, compared with just three sites two years earlier. Even China’s GoerTek Inc. is considering making Airpods in Vietnam, Nikkei reported in July, a move that would skirt U.S. tariffs without creating American jobs or saving Chinese ones.That Apple even bothered trying to get tariff exemption on a set of wheels tells us that it didn’t try very hard to buy them anywhere else. It also shows the company expects that the low volume of Mac Pro shipments wouldn’t justify wasting time finding a new manufacturing partner (Macs, including laptops and desktops account for less than 10% of Apple revenue). It probably cost them as much to hire Baker & McKenzie lawyers to draft and submit the tariff exemption paperwork as they’d save in taxes.The good PR that comes from stamping “Made in America” on their computers, however, is worth more than any lawyer.To contact the author of this story: Tim Culpan at firstname.lastname@example.orgTo contact the editor responsible for this story: Rachel Rosenthal at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Compensation experts say the region's labor market is at an inflection point as demand for top tech talent drives salaries ever-higher. Here's what that means for the median paycheck at companies like Netflix, Facebook, Oracle, Intel and Cisco.
Built with Dell EMC High Performance Computing (HPC) technology, the Wiener supercomputer uses Finite Element Method (FEM) to analyse human skull models. Research highlights the potential of ultrasound to delay the onset of Alzheimer's Disease.