Reuters - Video

EDITION: U.S. | U.K. | IN

Business

Techquity: Apple, Amazon, Google, Facebook outlook for 2013

Friday, December 21, 2012 - 03:10

Dec 21 - A look at the challenges and opportunities facing our four horsemen on the internet next year.

▲ Hide Transcript

View Transcript

But the attack -- killing tax I'm rob steering technology columnist for the British breaking news. Next by rim might score one with a Blackberry ten the latest sign of trouble in the PC is may 2013 predictions on what we called for worst in the Internet. First up the best of their best starting Research in Motion. Company posting results that were bad just is expected but what really shocked investors was that the company said that providing services for its next generation phones. Mean -- -- -- that's a problem because providing servers and software to run phones for enterprise governments alike now accounts for most of the company's profit. This business goes south so -- profits. The company still expects quarterly big one due to its -- but they've already missed a big chunk of the key holiday season. The good chance next quarter could be another disaster. Here is down double digit. There and struggling so how much -- Nokia be hurting. It's canyon rim to boost its fortunes to finish firms settled a patent dispute Canadian company. That'll lead to an undisclosed onetime payment along with ongoing fees. Like rim it's fallen way behind apple Google and other mobile phone firm's shares are down 20% US treating this year. Now these mobile phone firms are suffering at least they're not PC business. More evidence of that pain and that's sectors from Micron Technology. Computer chipmaker post the loss on lower sales. Even higher prices could offset lower volumes results missed analysts' forecast here's -- 8% today. And finally my outlook are four horsemen as we approached point thirteen. From Google -- -- deeper regulatory problems and a lack of hit tablets and mobile phones but its search business is reaping gigantic profits. The growth -- about means a lot more library. So I expect good things for its investors. Amazon sure the companies having another fantastic holiday season. And -- it is us as one of the best tech leaders out there but the stocks just insanely expensive 146 times estimated earnings. It was on investors are probably get -- their stockings and when he thirteen. Investors soured on the company's share it's lost a step on rivals. But the company's devices still -- stands rapid and new product and TV appears to be waiting in the wings. With stock trading at seven times earnings after you take out to Johnny Cash stockpile but simply wait too cheap. Expect the stock to do better even than Google. And FaceBook the social network or rather probably forget the year that passed botched IPO it negative buzz took off Facebook's boss. The mobile advertising is set having absolutely astonishingly great year people spent a lot of time in their phones especially on FaceBook. And advertisers are just starting to catch up. I mean the stock could have and actually monster year perhaps even getting back to its IPO price. Of course as Yogi Bear and it difficult to make predictions especially about the future. But that's like to. And I'll see you in next year but don't forget level all the reps that the equity every day except Tuesday Christmas Day next week -- they're going to be and follow us on Twitter art Harris tech. -- -- -- -- --

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Techquity: Apple, Amazon, Google, Facebook outlook for 2013

Friday, December 21, 2012 - 03:10

Top News »

Money Clip »

Will Apple Pay transform mobile payments? Will Apple Pay transform mobile payments?

Thu, Oct 16, 2014 - (2:45)

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

Moving Pictures »

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Investing 201 »

Bond investors brace for the end of Fed stimulus Bond investors brace for the end of Fed...

Fri, Oct 10, 2014 - (4:03)

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)