Thursday, December 13, 2012

Data Center Related Stocks Close Mixed In November And After Q3 Earnings

Read the whole article at Seeking Alpha: 

>>Companies under our radar screen in the data center and CDN sector closed mixed in November, after experiencing, as a group, strong declines in October, when all stocks but Telecity Group were in the red.

Post-earnings performance was also mixed, as most data center related stocks closed negatively after announcing Q3 numbers, and four companies only showed some sort of moderate upside.

Q3 2012 post-earnings performance

Here is a quick look at how each individual company performed after announcing Q3 earnings:

Welcome back to the 1980s: Vice City

We’re excited for the release of the mobile version, not only for the amazing soundtrack, but also because this is the latest title from Rockstar Games to incorporate Immersion’s tactile effects to enhance gameplay. So however you choose to tackle Vice City’s criminal element, you’ll be satisfied when you feel the action with Immersion. The best part? Immersion’s low power tactile effects have a minimal impact on battery life, so command your attack helicopter, launch some rockets, and immerse yourself as you rise to power in Grand Theft Auto: Vice City.

Tuesday, December 11, 2012

Worldwide Smart Connected Device Market, Led by Samsung and Apple, Grew 27.1% in the Third Quarter, According to IDC


Looking forward, IDC expects the worldwide smart connected device space will continue to surge well past the strong holiday quarter and predicts shipments to surpass 2.1 billion units in 2016 with a market value of $796.7 billion worldwide. IDC's research clearly shows this to be a multi-device era, although market dynamics are shifting in terms of product category. In 2011, PC's – a combination of desktop and portable PCs – accounted for 39.1% of the smart connected device market. By 2016 it is expected to drop to 19.9%. Smartphones will be the preferred product category with share growing from 53.1% in 2011 to 66.7% in 2016. Tablets will also grow significantly with share growing from 7.7% in 2011 to 13.4% in 2016. The shift in demand from the more expensive PC category to more reasonably priced smartphones and tablets will drive the collective market ASP from $534 in 2011 to $378 in 2016.

Monday, December 10, 2012

Piper Jaffray Reiterates Overweight Rating, $225 PT on Equinix

In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating and $225.00 price target on Equinix (NASDAQ: EQIX [FREE Stock Trend Analysis]).
Piper Jaffray noted, “We believe Equinix will be another top performing stock in '13. While the stock is up 86% over the past 12 months, we believe there are a number of positive fundamental reasons the business will continue to perform. The secular trend to outsourced IT is not changing, enhanced by the cyclical trend to asset-light, and supply/demand trends are favorable. Equinix's conversion to REIT process could act as a catalyst, and we believe the company is set up for continued positive estimate revisions. We are re-iterating our Overweight rating, and consider Equinix to be a top idea within our coverage universe.”

Evercore's List Of Tech Picks For 2013

from Forbes: 

>>Telecom and data center services analyst Jonathan Schildkraut picks Equinix, with a target of $245. “The most attractive investment in our coverage universe for CY13, underpinned by strong fundamentals, REIT conversion and an attractive valuation.”