With the energy sector and commodity companies attracting a lot of attention from investors recently, some companies in the tech sector have been trading at low valuations, offering what looks like a good time to invest, like with Hewlett Packard (NYSE:HPQ).
Earnings estimates for HPQ are a little over $5 a share in 2011 and $5.69 for 2012.
The shares have been trading in a range of $37.32 to $54.75 over the past 52 weeks. The 50 day moving average is $44.15 and the 200 day moving average is $43.05.
Because Hewlett Packard's shares have been under pressure recently and are trading below the 50 and 200 day moving averages, buying in stages for the purpose of taking advantage of expected dips would be a good strategy.
Hewlett Packard pays a dividend of 32 cents a year, which is equal to a .8 percent yield. Hewlett Packard recently announced a goal of $7 a share in earnings by 2012.
Hewlett Packard was trading at $41.18, gaining $0.89, or 2.21 percent, as of 2:07 PM EDT.
Showing posts with label HPQ. Show all posts
Showing posts with label HPQ. Show all posts
Wednesday, April 6, 2011
Tuesday, March 22, 2011
HTC, Not (AAPL) (RIMM) (MMI) Top Smartphone Vendor in U.S.
In the fourth quarter there was a new company ruling the smartphone roost in the U.S., as Taiwan-based HTC surpassed major vendors like Apple (NASDAQ:AAPL), RIM (NASDAQ:RIMM) and Motorola (NYSE:MMI) with a 20 percent share of the market.
Apple and Blackberry fell to a market share of 19 percent each, while Motorola was fourth with a 16 percent market share, according to a report by NPD Group.
The remaining 26 percent U.S. smartphone share was spread among Samsung, LG, Nokia (NYSE:NOK) and HP/Palm (NYSE:HPQ), among others.
While HTC generated the majority of its sales in the fourth quarter from phones equipped with Google's (NASDAQ:GOOG) Android platform, the thought is it was actually the debut of devices running Microsoft's (NASDAQ:MSFT) Windows Phone 7 that brought them to the No. 1 spot.
As for specific device sales, Apple is still No. 1, for 2010 with the iPhone 4 (16 and 32GB varieties combined) taking the top spot and its prior iPhone 3GS taking #2.
Apple and Blackberry fell to a market share of 19 percent each, while Motorola was fourth with a 16 percent market share, according to a report by NPD Group.
The remaining 26 percent U.S. smartphone share was spread among Samsung, LG, Nokia (NYSE:NOK) and HP/Palm (NYSE:HPQ), among others.
While HTC generated the majority of its sales in the fourth quarter from phones equipped with Google's (NASDAQ:GOOG) Android platform, the thought is it was actually the debut of devices running Microsoft's (NASDAQ:MSFT) Windows Phone 7 that brought them to the No. 1 spot.
As for specific device sales, Apple is still No. 1, for 2010 with the iPhone 4 (16 and 32GB varieties combined) taking the top spot and its prior iPhone 3GS taking #2.
Monday, March 21, 2011
Nokia's (NOK) Tablet Platform May Not be Microsoft (MSFT)
While Nokia (NYSE:NOK) has made its decision to use Microsoft's (NASDAQ:MSFT) Windows Phone 7 for its smartphone strategy over the long term, that's not the case at this time concerning its entry into the tablet computer market, with their existing MeeGo platform, which they developed together with Intel (NASDAQ:INTC), still being in play, said an person aware of the situation.
The source said the cellphone maker is still taking into consideration its options for tablets and these include MeeGo, a platform Nokia has been jointly developing with Intel.
This isn't to say Microsoft isn't still in the race for the device, but that the final decision has yet to be made, and Nokia isn't in a hurry to force it, saying they want to get their first tablet right.
Even though some say Nokia and others like Samsung, Motorola (NYSE:MMI) and Research in Motion (NASDAQ:RIMM) and Hewlett-Packard (NYSE:HPQ) are late to the tablet game, that's nonsense, as the tablet wars are just heating up, and it appears it's going to be a long, drawn-out battle, with a lot of room for growth outside of the leader Apple (NASDAQ:AAPL).
For Microsoft, a tablet platform will be based on its upcoming Windows 8 PC operating system, rather than its Windows Phone software, and that's not due to be released until the latter part of 2012. Could it be that Nokia may release a Meego version first and then implement a Microsoft version later to see which takes hold better? Only time will tell.
Nokia was trading at $8.35, gaining $0.07, or 0.91 percent, as of 1:44PM EDT.
The source said the cellphone maker is still taking into consideration its options for tablets and these include MeeGo, a platform Nokia has been jointly developing with Intel.
This isn't to say Microsoft isn't still in the race for the device, but that the final decision has yet to be made, and Nokia isn't in a hurry to force it, saying they want to get their first tablet right.
Even though some say Nokia and others like Samsung, Motorola (NYSE:MMI) and Research in Motion (NASDAQ:RIMM) and Hewlett-Packard (NYSE:HPQ) are late to the tablet game, that's nonsense, as the tablet wars are just heating up, and it appears it's going to be a long, drawn-out battle, with a lot of room for growth outside of the leader Apple (NASDAQ:AAPL).
For Microsoft, a tablet platform will be based on its upcoming Windows 8 PC operating system, rather than its Windows Phone software, and that's not due to be released until the latter part of 2012. Could it be that Nokia may release a Meego version first and then implement a Microsoft version later to see which takes hold better? Only time will tell.
Nokia was trading at $8.35, gaining $0.07, or 0.91 percent, as of 1:44PM EDT.
Friday, March 18, 2011
Hewlett-Packard (HPQ) Ordered to Release Letter Launching Hurd Affair
For better or worse, Hewlett-Packard (NYSE:HPQ) has been ordered by a judge to release the letter which started the entire Mark Hurd affair which led to his departure from the company.
A judge in the Delaware Chancery Court hearing a shareholder lawsuit ruled that Hurd hadn’t made a strong enough case for why the letter should be kept secret, as he argued in December.
“Whether or not to seal a document allegedly containing confidential information does not turn on whether its disclosure would cause embarrassment,” Judge Donald Parsons Jr. wrote in his opinion.
Plaintiffs in the lawsuit are seeking records related to Hurd’s departure from HP in August, including the letter from lawyers representing Jodie Fisher, a sometime actress who worked as a contractor for HP to its board of directors. The letter contained allegations of sexual harassment, which supposedly occurred during a period running from 2007 to 2009. It also alleged that during one of their visits in 2008, Hurd told Fisher about HP’s then-confidential plan to acquire IT services firm EDS. The U.S. Securities and Exchange Commission is also looking into that possibility.
Hurd had sought to keep the letter from being made public, and argued that since it is his personal property, he should be allowed to join the lawsuit as a party to that end. In the motion, Hurd’s lawyers argued that the letter was sent to “achieve private resolution of a potential dispute” between Hurd and Fisher.
Hewlett-Packard was trading at $41.50, up $0.07, or 0.17 percent, as of 1:07 PM EDT.
Source
A judge in the Delaware Chancery Court hearing a shareholder lawsuit ruled that Hurd hadn’t made a strong enough case for why the letter should be kept secret, as he argued in December.
“Whether or not to seal a document allegedly containing confidential information does not turn on whether its disclosure would cause embarrassment,” Judge Donald Parsons Jr. wrote in his opinion.
Plaintiffs in the lawsuit are seeking records related to Hurd’s departure from HP in August, including the letter from lawyers representing Jodie Fisher, a sometime actress who worked as a contractor for HP to its board of directors. The letter contained allegations of sexual harassment, which supposedly occurred during a period running from 2007 to 2009. It also alleged that during one of their visits in 2008, Hurd told Fisher about HP’s then-confidential plan to acquire IT services firm EDS. The U.S. Securities and Exchange Commission is also looking into that possibility.
Hurd had sought to keep the letter from being made public, and argued that since it is his personal property, he should be allowed to join the lawsuit as a party to that end. In the motion, Hurd’s lawyers argued that the letter was sent to “achieve private resolution of a potential dispute” between Hurd and Fisher.
Hewlett-Packard was trading at $41.50, up $0.07, or 0.17 percent, as of 1:07 PM EDT.
Source
Monday, March 14, 2011
Lawson Software (LWSN) Gets $1.8 billion Bid
Lawson Software (NASDAQ:LWSN) announced it had received an unsolicited bid from privately held software company Infor and Golden Gate Capital to acquire all its outstanding common stock at $11.25 a share in cash.
Shares of the software maker closed on Friday at $11.55, after having risen 18 percent since Tuesday, when Reuters reported it had hired Barclays Capital (NYSE:BCS) to explore a sale of the business.
The offer price from Infor and Golden Gate Capital would value Lawson at $1.8 billion.
Lawson said in a release it is conducting talks with Infor and Golden Gate, but there is no guarantee an agreement will be reached.
Other possible bidders mentioned by sources are Oracle (NASDAQ:ORCL), Hewlett-Packard (NYSE:HPQ), IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), and SAP (XETRA:SAPG.DE).
Source
Shares of the software maker closed on Friday at $11.55, after having risen 18 percent since Tuesday, when Reuters reported it had hired Barclays Capital (NYSE:BCS) to explore a sale of the business.
The offer price from Infor and Golden Gate Capital would value Lawson at $1.8 billion.
Lawson said in a release it is conducting talks with Infor and Golden Gate, but there is no guarantee an agreement will be reached.
Other possible bidders mentioned by sources are Oracle (NASDAQ:ORCL), Hewlett-Packard (NYSE:HPQ), IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), and SAP (XETRA:SAPG.DE).
Source
Monday, March 7, 2011
iPad Killers (AAPL)? Hewlett-Packard (HPQ), Research in Motion (RIMM), Motorola Mobility (MMI)
While some have been all but declaring the tablet war all but over with the introduction of Apples (NASDAQ:AAPL) iPad 2, the truth is this is just the beginning of a long, drawn-out battle, and companies like Hewlett-Packard (HPQ), Research in Motion (RIMM) and Motorola Mobility (MMI) are just getting going.
Last week, Apple's ability to raise even the simplest innovation to the level of an epiphany was once again on display.
Apple's chief evangelist, Steve Jobs, took the stage in San Francisco to unveil the second version of the iPad. It's faster, it weighs less, and it has cameras and other neat things. But the moment of revelation was when Jobs described a new polyurethane cover that Apple (AAPL) has designed for the device.
"Our engineering and industrial-design team came up with this idea of using magnets that grasp it, and auto-align it," said Jobs, his voice rising in intensity as he pronounced "auto-align," as if to convey the wonderment.
In the hands of any other CEO, that moment would have been, well, merely something or other about magnets. With Jobs' air of authority, mixed with genuine enthusiasm and a dash of frisson, the moment surpassed the best any Home Shopping Network pitchman ever had to offer.
Magnets! Of course! Who would have thought!
The performance left the Wall Street analysts in attendance duly stunned, and they promptly declared Apple well ahead of the competition in the tablet-computer wars.
In truth, the tablet war is destined to be a long, long road, and there's no turning back.
Source
Last week, Apple's ability to raise even the simplest innovation to the level of an epiphany was once again on display.
Apple's chief evangelist, Steve Jobs, took the stage in San Francisco to unveil the second version of the iPad. It's faster, it weighs less, and it has cameras and other neat things. But the moment of revelation was when Jobs described a new polyurethane cover that Apple (AAPL) has designed for the device.
"Our engineering and industrial-design team came up with this idea of using magnets that grasp it, and auto-align it," said Jobs, his voice rising in intensity as he pronounced "auto-align," as if to convey the wonderment.
In the hands of any other CEO, that moment would have been, well, merely something or other about magnets. With Jobs' air of authority, mixed with genuine enthusiasm and a dash of frisson, the moment surpassed the best any Home Shopping Network pitchman ever had to offer.
Magnets! Of course! Who would have thought!
The performance left the Wall Street analysts in attendance duly stunned, and they promptly declared Apple well ahead of the competition in the tablet-computer wars.
In truth, the tablet war is destined to be a long, long road, and there's no turning back.
Source
Friday, March 4, 2011
Microsoft (MSFT) to Release Windows for Tablets in 2012
People with knowledge of the matter said Microsoft Corp. (NASDAQ:MSFT) won't be releasing a tablet competitor to Apple (NASDAQ:AAPL) or Google (NASDAQ:GOOG) until the 2012 back-to-school season.
A beta version won't be available for testing until sometime near the end of 2011, said the sources.
"Microsoft needs to update its Windows 7 operating system with programs more tailored to the touch screens, size and battery life of tablet computers to win a place in the surging market for the devices. The longer it takes Microsoft to release its operating system, the more time Apple and Google have to strengthen their hold on the market, Bloomberg noted.
“If 2011 is the year of the tablet wars, Microsoft will be awfully late suiting up for that battle,” said Michael Gartenberg, a New Jersey-based analyst for research firm Gartner Inc. “It’s not a good position to be in.”
Gartenberg added a 2012 debut for Microsoft would probably put it up against a third-generation iPad from Apple and second and third versions of devices based on Google’s Android system. Hewlett-Packard (NYSE:HPQ) and Research In Motion Ltd. (NASDAQ:RIMM) will probably also release second-generation tablets by then, he concluded.
While that will probably be the case, it will depend upon what Microsoft offers, as possibly dozens, if not over a hundred different tablet offerings will probably be made over the next year or so, and even if some make some headway, Microsoft will gain some share.
And if they provide an excellent Windows version for the device, they could grab a built-in customer they've been serving for a long time.
A beta version won't be available for testing until sometime near the end of 2011, said the sources.
"Microsoft needs to update its Windows 7 operating system with programs more tailored to the touch screens, size and battery life of tablet computers to win a place in the surging market for the devices. The longer it takes Microsoft to release its operating system, the more time Apple and Google have to strengthen their hold on the market, Bloomberg noted.
“If 2011 is the year of the tablet wars, Microsoft will be awfully late suiting up for that battle,” said Michael Gartenberg, a New Jersey-based analyst for research firm Gartner Inc. “It’s not a good position to be in.”
Gartenberg added a 2012 debut for Microsoft would probably put it up against a third-generation iPad from Apple and second and third versions of devices based on Google’s Android system. Hewlett-Packard (NYSE:HPQ) and Research In Motion Ltd. (NASDAQ:RIMM) will probably also release second-generation tablets by then, he concluded.
While that will probably be the case, it will depend upon what Microsoft offers, as possibly dozens, if not over a hundred different tablet offerings will probably be made over the next year or so, and even if some make some headway, Microsoft will gain some share.
And if they provide an excellent Windows version for the device, they could grab a built-in customer they've been serving for a long time.
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