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Techquity: Microsoft's Surface plan, why Intel, IBM may beat

Tuesday, October 16, 2012 - 03:02

Oct 16 - Microsoft unveils pricing for its new tablet, plus why Intel and IBM could exceed profit forecasts on our new tech stocks show.

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Want -- -- -- putting our show on tech stocks I'd Fred Katayama next Microsoft goes beyond the service witness surfaced. Brokerages target FaceBook and why Intel can give investors something to smile about. Well first got Microsoft challenging one of our four horsemen of the Internet before our Amazon apple FaceBook and -- the one facing new competition is apple. Mr. -- going high and with its new tablet as it unveils its pricing strategy. The service will challenge the iPad and not the Kindle fire or Google's nexus seven as some have speculated. The cost 499. Dollars worth 32 gigabyte version which is Wi-Fi only. The comparable iPad sells for 599. Dollars. A 64 gigabyte version with a black touch cover that doubles the keyboard or run 699. Dollars the 64 game iPad costs the -- The search goes on October 26 and runs on Microsoft touch friendly windows eight operating system. FaceBook releases quarterly results one week from today to brokerages becoming more negative on the stock cutting their price targets. No we're not cutting upside potential to 27 putts from 3151. Macquarie dropped its target to 21 from 28. The mean price target on the stock before these changes was 2829. According to Thomson Reuters star mine that's 50% higher than current levels. Then again if they go public at 38. In the best of the rest from tech two bellwethers that -- opposing bats on the PC. Report after the bell Intel's margins have been battered amid a slowdown in PCs and it's a laggard in the market for Smartphone ships. But it's remarkably consistent in the earnings and crushing analysts' estimates for eight quarters in a row. It's expected to report profits of 49 cents a share. IBM which it jointly abandoned the PC business and move to cloud computing services has also beaten forecasts for eight quarters. Look for big -- to earn three dollars and 62 cents. All right time for a look at stocks moving up and down we call it soaring and splattering. On the soaring site microchip technology. The semiconductor maker up nearly 2% even though it issued a revenue warning one analyst telling Reuters he expects the company to recover very quickly. And sputtering again eight and indeed the chip company falling to another low for 2012 to 67. The move from PCs to tablets is party. And finally apple sending out invitations born October 23 of that -- one week from today saying. We've got a little more to show you. The tech powerhouse expect Michelle -- littler iPad. Well that's equity this Tuesday I'm Fred Katayama this is.

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Techquity: Microsoft's Surface plan, why Intel, IBM may beat

Tuesday, October 16, 2012 - 03:02