Piper Jaffray (PJC) Analysts Raise Price Target on Equinix, Inc. (EQIX) to $115.00

from www.americanbankingnews.com:

>>Equities research analysts at Piper Jaffray (NYSE: PJC) boosted their price target on shares of Equinix, Inc. (NASDAQ: EQIX) from $112.00 to $115.00 in a research note to investors on Thursday. The analysts currently have an “overweight” rating on the stock.

Separately, analysts at Stifel Nicolaus raised their price target on shares of Equinix, Inc. from $110.00 to $120.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Also, analysts at RBC Capital (NYSE: RY) raised their price target on shares of Equinix, Inc. from $105.00 to $115.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock.

MEX (Mobile User Experience)

Hopefully the streets will be clear by the time we get there, Immersion is heading to London! We are proud sponsors of the MEX (Mobile User Experience) conference next week, May 4-5. http://www.pmn.co.uk/mex/

MEX: Pathways to the mobile UX horizon

www.pmn.co.uk

Established in 2004, MEX is the strategy forum for mobile user experience, where 100 of the brightest minds in mobile, media & design come together to learn, network and create a collective response to 6 MEX Pathways. Conferences are held each May and December in London.

Smartphones Lead Global Mobile Market to 20% Growth in Q1

from Seeking Alpha:

>>According to research firm IDC, the global mobile phone market ballooned in the first quarter of this year, growing 19.8 percent year-over-year, mostly due to the meteoric rise of smartphone shipments, especially in emerging markets. According to the firm’s Worldwide Mobile Phone Tracker, vendors shipped 371.8 million units in Q1 2011 compared to 310.5 million units in the first quarter of 2010.

Samsung Smartphone Sales

The Telecommunications businesses - including mobile communications and telecommunication networks - posted an operating profit of 1.43 trillion won on revenue of 10.64 trillion won. The businesses maintained an operating profit margin of 13.5 percent for the quarter.

Samsung sold a total of 70 million mobile handsets during the quarter, down 14 percent year-on-year. However, strong sales of smartphones and high-end mobile devices helped to increase Samsung's average sales price and boost operating profit. Smartphones made up 18 percent of Samsung's total handset unit sales for the quarter, up from 4 percent during the same period last year.

In the second quarter, Samsung expects the industry to see single-digit growth in mobile handset demand quarter-on-quarter. The company aims to continue to outperform the market by launching of a range of devices to meet diverse market needs. Continuing its momentum in the smartphone market, Samsung is introducing the new GALAXY SII during the second quarter, with the device slated to be rolled out by 140 mobile service providers in 120 countries. Samsung will also expand its tablet portfolio with the introduction of the GALAXY Tab 10.1, the thinnest, lightest device available on the market.

Equinix - analysts updates

from www.favstocks.com:

>>Equities research analysts at RBC Capital Mkts Reiterate a “Outperform” rating for shares of Equinix, Inc. (EQIX) in a research note released to investors today.

from www.benzinga.com:

>>Piper Jaffray is raising its price target on shares of Equinix to $115 from $112, and it has an Overweight rating on shares after it reported earnings.

In a note to clients, Piper Jaffray writes, "Equinix reported very strong first quarter results, raised 2011 guidance and announced 3 additional expansion projects. There were almost no items of concern for us either in the reported numbers or management's comments; business trends appear to be very positive. We are reiterating our Overweight rating and are raising our price target to $115 from $112."

from www.favstocks.com:

>>Equities research analysts at Kaufman Bros Reiterate a “Hold” rating for shares of Equinix, Inc. (EQIX) in a research note released to investors today.

from www.benzinga.com:

>>Benchmark increases its 2011 estimates, driving the price target to $115 from $105 and maintains a Buy rating.

Equinix's 1Q11 beat was due to better-than-expected revenue, both recurring and nonrecurring. Expense savings that may not fully recur also contributed. As such, some of the beat will not flow through to the rest of the year. Pricing remains firm across all regions, with Asia showing some pricing strength due to strong interconnection growth, an accelerating digital economy, and appreciating currency.

Equinix believes it will complete the hiring of its new salesforce in 2Q11. The new salesforce could start adding to growth by 4Q11, with the full impact coming in 2012 and 2013. Some of the 1Q expense savings will not recur, in part due to the salesforce ramp.

Earnings Preview: Internap

Read the whole article at Seeking Alpha:

>>Internap (INAP) will be reporting Q1 2011 earnings after market close on Thursday, April 28. On average, analysts expect the company to report revenues of $60.5 million and a profit of $0.02 per share. In Q4 2010, Internap reported revenues of about $60.0 million, and a GAAP net loss of $0.4 million.

Lexmark - Immersion

The high range printers seem to incorporate Immersion's haptic technology, while the lower ranges shouldn't - at least trying to "decode" their specs:

Lexmark e-Task 10.2-inch (25.9 cm) color touch screen with audible and tactile feedback

http://www1.lexmark.com/US/en/catalog/product.jsp?prodId=6397

http://www1.lexmark.com/US/en/catalog/product.jsp?prodId=6467

HERE IS AN EXAMPLE OF THE LOWER RANGES WITH 7 INCH SCREEN:

http://www1.lexmark.com/US/en/view/US-Printers & MultiFunction/Lexmark-X548de/catId=cat170005-category&prodId=6616-product

Earnings Preview: Digital Realty

Read the whole article at Seeking Alpha:

>>Digital Realty Trust, Inc. (DLR) will be holding its Q1 2011, conference call Thursday, April 28, at 1:00 pm ET.

The company's results will be closely watched as Digital Realty may be considered a bellwether for the wholesale data center market that has so far delivered solid returns YTD. Other players in the sector include Dupont Fabros Technology (DFT) and CoreSite (COR).

21Vianet IPO: Is a 70 Times Adjusted EBITDA Multiple Justified?

Read the whole article at Seeking Alpha:

>>21Vianet (VNET) is the largest carrier-neutral Internet data center services provider in China. It is a Chinese equivalent of US-based Equinix (EQIX).

The company completed its IPO last week, raising $195 million, more than expected in its original filing, as the company succeeded in selling its shares at $15, $2 above the high end of the proposed range.

Earnings Preview: Equinix

Read the whole article at Seeking Alpha:

>>Equinix (EQIX) will report Q1 2011 results on Wednesday, after the market close.

Analysts expect, on average, revenues of $355 million in the quarter, in line with company guidance of a range within $354 million to $356 million. Cash gross margins are expected to be 64%.

Savvis Q1 Earnings Preview

Read the whole article at Seeking Alpha:

>>Savvis (SVVS) will be reporting its Q1 2011 financial results before the market opens on Wednesday, April 27.

The company is one of the best performers in the data center sector, having appreciated more than 47% YTD, mainly thanks to the hype surrounding cloud computing stocks, especially after two competitors, Terremark (TMRK) and Navisite (NAVI) were both acquired at a strong premium at the beginning of the year.

Harbour IT launches cloud service using FlexPod

from www.arnnet.com.au:

>>Harbour IT teamed up with datacentre services provider, Equinix, to help satisfy the customer demand for its cloud offering.

“We looked at the current state of the datacentre market and selected Equinix, mainly because it’s all they do. We really wanted to partner with someone that knew what they were doing,” Simpson said.

Redstor Migrates Data Centre to Equinix LD5 IBX

Redstor has just announced the migration of its data centres from Bracknell MDNX to the LD5 IBX Data Centre with Equinix.

FOR IMMEDIATE RELEASE

PRLog (Press Release) – Apr 19, 2011 – Redstor, a managed services, cloud storage and IT solutions provider, today announced the migration of its data centres from Bracknell MDNX to the LD5 IBX Data Centre with Equinix, a provider of global data centre services.

The move is part of Redstor’s continued investment in its Cloud strategy and creates a ‘business grade’ backup & storage grid combined with a Cloud DR and business continuity platform. The Equinix LD5 IBX Data Centre is based in Slough, Berkshire and is connected to the peering fabric of LINX, one of the largest metro area Internet exchanges in Europe. This combined with 23 independent carriers onsite offers Redstor customers unparalleled connectivity

Tony Ruane, Business Development Director and Co-Founder of Redstor said: “Over the past 12 months we have focused on expanding our cloud storage and business continuity platform in response to growing customer demand.”

The new Redstor data centre offers state-of-the-

art security and is rated an ISO27001 and 9001:2008 facility. Ministry of Defence-standard fences, ballistic glass, mantrap doors and biometric access control offer unparalleled protection of customer data. This combined with a two stage fire protection system combining aspirational and point detection.

Immersion Corp (IMMR) Given “Neutral” Rating by Zacks Investment Research Analysts

from www.americanbankingnews.com:

>>Equities research analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Immersion Corp (NASDAQ: IMMR) in a research note to investors on Thursday.

Toshiba ANT

from laptoping.com:

>>Toshiba’s upcoming Android 3.0 “Honeycomb” OS-based 10.1″ tablet device is called Toshiba ANT and will have a base price of $450, according to product pages on Newegg.

The listed models are the $450 ANT-100 with 8GB of data storage capacity, 16GB ANT-102 for $500, and 32GB ANT-104 with a $580 price tag.

More Data Center Wins in the Financial Vertical

Read the whole article at Seeking Alpha:

>>Hardly a week goes by without a few wins in the financial vertical being announced by one of the major network neutral data center providers like Equinix (EQIX), InterXion (INXN) or TeleCityGroup.

Apple and Google Capture U.S. Video Game Market Share in 2010

A new research by Flurry:

>>Let’s look at the numbers.

From 2009 to 2010, iOS and Android game sales have spiked significantly, resulting in nearly a doubling of their market share. With both Nintendo DS and Sony PlayStation Portable shrinking in sales, while smart-device game sales simultaneously grew by more than 60%, iOS and Android games now represent more than one third of the portable game category.

...

Wedbush Morgan Securities video game analyst, Michael Pachter, points out that the “onslaught of $1 games is going to continue” and that "[Nintendo and Sony] are going to have to share the market with Apple and Android.” Our numbers quantify just how much. Further, as iOS and Android continue to change the paradigm of casual gaming, the battle between Nintendo against platforms such as iOS and Android will intensify. Mario may indeed be standing on a burning platform.

Chi-X Australia: Equinix's Latest Financial Win

Read the whole article at Seeking Alpha:

>>On Wednesday Equinix (EQIX) announced that Chi-X Australia selected Equinix’s Sydney facility as the primary data center for its matching engine.

Accuray initiated with an Overweight at Stephens

from www.theflyonthewall.com:

>>Accuray initiated with an Overweight at Stephens. Target $14.

Soleil Securities Raises Price Target Accuray

from www.streetinsider.com:

>>Soleil Securities is reiterating its Buy rating on shares of Accuray (Nasdaq: ARAY) and is rasing its price target from $10 to $11 as it believes that the company will benefit from Alliance Imaging (NYSE: AIQ) acquirering U.S. Radiosurgery's CyberKnife business.

Alliance obtained 7 additional CyberKnife centers which brings that company's total to 13 and makes Alliance the leading company in CyberKnife systems.