Reuters - Video

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

Technology

Techquity: Apple number to watch, no Emmy for Netflix

Tuesday, July 23, 2013 - 04:04

July 23 - Analysts looking for Apple to lower guidance when it reports results. We give you one number to track. Plus, Netflix disappoints but in a plot twist, investors remain calmer.

▲ Hide Transcript

View Transcript

The waiting is the hardest part. That's Tom Petty and the heart breakers but it covered Purdue investors an analyst tracking apple. Talking about the wait for quarterly numbers out today but for new products are signs of innovation. BGC partners analyst Colin Gillis put together a haiku. Waiting and waiting for the new products to lots has become painful. Analysts expecting the June quarter to hit -- if not the consensus numbers some optimistic based on the number of iphones Verizon sold last quarter. But with no sign yet of update -- low cost iPhone or new -- the September quarter is raising concerns. The current revenue estimate for a back corner is around 37 billion dollars. Many analysts expect apple expects to guide lower some projecting at least a billion dollar reduction. Shares of apple down fractionally today. Investors disappointed with subscriber growth and Netflix dot -- the stock today the company did report earnings that beat expectations. Analysts even applauded Netflix says progress in building its own contact still -- cut its rating on the stock to hold from buy. But the brokerage also raised its price target citing longer term growth prospects. So did -- other firms following the results. So what do shares falling 4% today. Well keep in mind that's pretty volatile stock. Three to 5% move up or down for this stock is child's play. But it's been wait more volatile when trading after earnings take a look at these price moves after the house for earnings reports. Taking these things into consideration. Today's reaction to the latest report is pretty muted. Then there's the video conference call Netflix streamed live perhaps something that ahead of its time. Coincidentally that the only part of Reed Hastings you could see along with everyone else on the video conference. Yahoo! tried -- -- call last week I gotta say if that weren't heavy for video earnings call I think you have to give it to Yahoo!. The theory -- -- is back at it fiscal is on another shopping spree this time by software maker's third -- for close to three billion dollars. Some analysts saying sit -- -- a little too deep into its wallet for this deal. It won't help the company bolster its network security services. Its fiscal seventh largest red faction this year. The deal works out to 69 dollars a share as north fired jumping near that level today. Fifth bush shares roughly flat. Is such thing as an ad free moment. Yesterday we told you Google is sneaking -- that email messages into your Gmail inbox the reason to drive up revenue. Now FaceBook is placing ads from walk -- gains in the notification stack up according to all things. Dropping -- into the FaceBook news feed is one thing but the notification tabbed as one of the highest areas of engagement inside FaceBook. The company may be getting aggressive in pushing content in front of you who may find -- very irritating. FaceBook that there all of testing new channels to promote games. Testing. Code for it here this day. What snacks apple slipping add on I watch sorry -- I tell you now what time it is. The 32 ad I'd be happy to. Starring and sputtering time -- is Lexmark. The -- maker beat estimates on high revenue from a services and software businesses shares up 9%. And sputtering a -- Tara semiconductor which reported sells -- profit that missed forecasts citing weakness in its notebook business. Shares down 7%. That's equity this Tuesday you could follow us on Twitter at RT our ads tech but he. I'm just were not bad it is writers.

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

Techquity: Apple number to watch, no Emmy for Netflix

Tuesday, July 23, 2013 - 04:04

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)