174.01 +0.04 (0.02%)
After hours: 6:47PM EST
|Bid||174.00 x 400|
|Ask||174.08 x 100|
|Day's range||172.46 - 174.17|
|52-week range||114.76 - 176.24|
|PE ratio (TTM)||18.89|
|Earnings date||29 Jan 2018 - 2 Feb 2018|
|Forward dividend & yield||2.52 (1.46%)|
|1y target est||187.74|
MENLO PARK, Calif. (AP) — Amazon is angling for a truce in its two-year battle with Apple and Google over streaming gadgets: It says it is preparing to put Apple TV and Chromecast back on sale.
Sales of Chinese smartphone makers are weaker than expected, of late, which is prompting those vendors to cut chip orders, according to an article today by Sammi Huang and Joseph Tsai of DigiTimes. Craig Ellis, who follows the shares of wireless chip makers Skyworks Solutions (SWKS), among others, for B. Riley, urges investors not to worry, the stocks are already discounting this. The piece by Huang and Tsai claims three Chinese vendors in particular, Huawei, Oppo, and Vivo, "are taking about less 10% of smartphone shipments than their original orders from the supply chain makers for the fourth quarter of 2017,” citing multiple unnamed sources.
Credit Suisse semiconductor analyst John Pitzer today advises investors not worry about inventories in the industry, given much of its seems to be tied to a successful sales ramp for the Apple (AAPL) iPhone X, and he recommends Micron Technology (MU), Marvell Technology Group (MRVL), and Broadcom (AVGO) as the best “offensive” picks in the group. According to Pitzer, the current build-up in inventories is not high relative to historical patterns: going back 37 years: Since 1980, Semis over-shipped end demand during 12 periods with a median duration of 10 qrts and accumulative over-ship of 170 ppts.
Samsung Electronics Co. is said to be planning to debut its next flagship smartphone in February, presenting Apple Inc.’s iPhone X with a sooner-than-expected challenger.
NVIDIA has seen enormous benefit from its early entry into AI. The biggest names in technology are joining the fray, looking to create a solution that will best the humble GPU.
Pokemon GO has only released 55 Gen 3s so far, but the rest may be coming shortly with a themed release that could be a lot of fun.
Pegatron’s revenues rose ~8.3% month-over-month to ~$5.5 billion in October 2017. Pegatron was the exclusive supplier of the wireless charger for all 2017 iPhone models.