Tech Stocks Down with Motorola, Inc. (Motorola, Inc., TSM, AMSC, Apple Inc.)
Tech Stocks Down with Motorola, Inc.
(EMAILWIRE.COM, July 30, 2010 ) New York, NY -Motorola, Inc. (NYSE:MOT) lost 0.91% to $7.61 on 78.01 million shares. The company today reported sales of $5.4 billion in the second quarter of 2010. The GAAP earnings in the second quarter of 2010 were $162 million, or $0.07 per share, which compares to GAAP earnings of $26 million, or $0.01 per share, in the second quarter of 2009.
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Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wire line broadband network products, and end-to-end enterprise mobility products.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) decreased 2.68% to $10.18 with over 21.03 million shares. The company posted a record quarterly profit well above forecasts as it churned out more chips with more advanced technology to meet rising demand for new PCs, phones and other high-tech goods.
The company said on Thursday it earned a net profit of T$40.3 billion ($1.3 billion) in April-June versus T$24.44 billion a year ago and well above a consensus forecast of T$35.2 billion from Thomson Reuters.
American Superconductor Corporation (NASDAQ:AMSC) lost 6.63% to $30.55 on over 1.25 million shares. The company reported first-quarter net income of $9.2 million, or $0.20 per share, compared with net income of $1.8 million, or $0.04 per share in the first quarter of fiscal 2009. Non-GAAP net income was $13.0 million or $0.28 per share for the first quarter of 2010, up from $5.5 million or $0.12 per share in the prior year quarter.
Apple Inc. (NASDAQ:AAPL) dropped 1.09% to close at $258.11. Apple Inc. designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions.
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Motorola, Inc. provides technologies, products and services for mobile phones. Its portfolio includes wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wire line broadband network products, and end-to-end enterprise mobility products.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) decreased 2.68% to $10.18 with over 21.03 million shares. The company posted a record quarterly profit well above forecasts as it churned out more chips with more advanced technology to meet rising demand for new PCs, phones and other high-tech goods.
The company said on Thursday it earned a net profit of T$40.3 billion ($1.3 billion) in April-June versus T$24.44 billion a year ago and well above a consensus forecast of T$35.2 billion from Thomson Reuters.
American Superconductor Corporation (NASDAQ:AMSC) lost 6.63% to $30.55 on over 1.25 million shares. The company reported first-quarter net income of $9.2 million, or $0.20 per share, compared with net income of $1.8 million, or $0.04 per share in the first quarter of fiscal 2009. Non-GAAP net income was $13.0 million or $0.28 per share for the first quarter of 2010, up from $5.5 million or $0.12 per share in the prior year quarter.
Apple Inc. (NASDAQ:AAPL) dropped 1.09% to close at $258.11. Apple Inc. designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions.
About http://www.stocksgonewild.com
StocksGoneWild.com strives in finding penny stocks that are poised to breakout! We actively search every resource on the market to find undervalued stocks with the potential to make both huge short and long-term gains.
Explosive Gains of 100-1000%! Email Alerts before the Stock Breaks Out! The Best Fundamental and Technical Analysis of the Markets at Your Fingertips
DISCLAIMER
This is not an offer to buy or sell securities. Information or opinions are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. Neither Stocksgonewild.com nor any of its employees, affiliates, subsidiaries or family members are registered investment advisors or registered stock brokers and shall not be liable for any direct, indirect, incidental, special or consequential damages arising out of or resulting from the use or inability to use this site, including but not limited to damages for the loss of capital, funds, profits, use, data, or any and all other possible damages, even if such party has been advised of the possibility of such damages resulting from the use of this site and all information contained on this site.
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