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Techquity: IBM feeling blue, Google's mobile mojo

Friday, April 19, 2013 - 03:00

Apr 19 - Big Blue reports a weak quarter while Google's mobile fortunes continue to shine.

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I DNQ hundred billion dollar tech giant has an amazing run over the past five years. Stocks nearly doubled as the company's -- have grown consistently blown past management guidance. Yes there ever big deliberate down for the first time in years the company's earnings came up short maybe actually shrank in all the company's major divisions. And this is the key to understanding why the stocks down 8% today. You see IBM has grown earnings much faster than revenues over the past decade due to efficiency drives the management speak for layoffs. Profit margins have doubled and share buybacks have good post earnings per share. A quick fixes like cost cutting and share purchases only work so long at some point the only way to grow profits is that higher sales IBM's are going the wrong way. That's according to be just a hiccup but investors should be very wary here. Google. Everybody's eyes are on the search -- amazing projects school fiber for instance its plan interlaced superfast optical fiber in towns across America. Who glass its plans -- everybody to walking computers accessing the web at every moment and my favorite it's self driving car. Or matters for investors is mobile and quarterly results show the business as profitable as it is predictable. In the number of mobile devices keeps rising that's quite clicks were 20%. And advertisers appear to be slowly ramping up what they paper mobile click. Google's mobile business has a long way to run that's -- Google stock is about 3% today. Apple's the next of are forced into reports quarterly results. It's numbers come out after the ballot Tuesday. Investors are selling ahead of that report for the week the stock down more than 8% as of 1 PM on Friday. That's the worst week since well its last earnings report in January when shares fell 12% after posted revenue that missed forecasts. And invest their estimate down. Blackstone ended its pursuit of the computer company. In a letter published by -- Blackstone cited the recent reports of weak PC industry's sales as one reason to exit from the talks. At least founder Michael Dell on private equity partners overlay can position to close their 24 point four billion dollar bid to take the company private. Analysts investors see activist investor Carl Icahn's chances of a successful rival offer as slam. Shares of Dell down nearly 4% today below thirteen 65. The price of Michael Dell's bit. Soaring and sputtering time look at movers soaring again today is Overstock.Com. To discount Internet retailers benefiting from an upgrade to buy from BofA Merrill one day after posting strong quarterly results shares up another 17%. And sputtering small cap IT services firm Insight Enterprises. After reporting -- decline in first quarter sales stocks down 12%. That's equities Friday memory can follow us on Twitter art -- equities. I'm -- -- and his writers.

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Techquity: IBM feeling blue, Google's mobile mojo

Friday, April 19, 2013 - 03:00

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