For Immediate Release
Chicago, IL – November 23, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Google , Microsoft (MSFT - Free Report) , Apple (AAPL - Free Report) , Oracle (ORCL - Free Report) and Expedia (EXPE - Free Report) .
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: https://at.zacks.com/?id=5513
Here are highlights from Thursday’s Analyst Blog:
Google’s Motorola Buy Is Paying Off
There were a few raised eyebrows when Google invested $12.5 billion into Motorola’s patents last year. Now, after reporting a dismal quarter, in which Motorola pulled down Google’s results and had it announcing job cuts, the company could be hitting pay dirt.
On Tuesday, Google expert Michael Dansky told a Seattle court that Microsoft (MSFT - Free Report) would make $94 billion in revenue from its Xbox game consoles and Surface tablets incorporating Motorola technology through 2017.
Based on these numbers, Google estimates that Microsoft should be paying it $4 billion a year, while Microsoft claims that the amount should not exceed a million dollars. Going by the number of private sessions the two are taking with the judge, it’s clear that Google is asking for money that it will at least partly extract.
Just the day before, a Madison, WI judge set aside Apple’s (AAPL - Free Report) claims that Motorola was asking for too much, although notably, the judge did not furnish reasons (AP report). Motorola’s claims with Microsoft remain unclear at the moment, but the company has been asking Apple for 2.25% of the price of Apple devices using Wi-Fi or cellular technologies.
Despite rumblings on privacy issues, Google has been more or less successful in legal matters. The encounter with Oracle (ORCL - Free Report) ultimately worked in its favor and it successfully wrapped up both ITA and Motorola acquisitions, despite anti-competitive concerns raised by Expedia (EXPE - Free Report) and others.
Gartner estimates that both Android and Windows-based devices (smartphones, tablets and computers) will grow very strongly over the next few years. However, while Windows-based devices will grow 52% from an estimated 1.5 billion at the end of this year to 2.28 billion at the end of 2016, Android devices will grow 278% to 2.3 billion units during the same time period.
While Microsoft has been relatively less successful in the wireless segment, the company is set to make a splash with its Surface tablet and latest Windows Phone OS. So this is a good time for Google to cash in.
Google, Microsoft, Apple and Oracle currently carry a Zacks #3 Rank (short-term Hold rating). Expedia on the other hand has a Zacks #2 Rank (Buy rating over the next 1-3 months).
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: https://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: https://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at https://at.zacks.com/?id=5518.
Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Zacks Investment Research
800-767-3771 ext. 9339