Computerized Investing Blog

Harnessing the power of technology to help individuals become more effective managers of their investments.

Mac OS X 10.10 Yosemite Available Today

Apple (AAPL) is releasing the beta version of Mac OS X 10.10 Yosemite to the public today after unveiling the software last month at its Worldwide Developers Conference. According to Engadget, Yosemite is the “Mac’s biggest makeover in years, with a flat, streamlined look inspired by iOS 7.” Yosemite also sports improved Spotlight search, a refined toolbar, new notification-center features,...

Apple’s Third Quarter Tops Estimates

Apple Inc. (AAPL) said quarterly profit rose 12% to $7.75 billion, with rising iPhone and Mac sales helping to offset waning demand in iPads. Apple sold 35.2 million iPhones and 4.4 million Macs in the fiscal third quarter ended June 28, up 13% and 18% respectively from a year ago. That helped boost revenue by 6% to $37.4 billion. iPad sales fell for the second straight quarter to 13.3 million. For the quarter,...

Nokia Hurts Microsoft’s Earnings

Microsoft’s (MSFT) $7 billion acquisition of Nokia’s mobile phone business in April cost the company nearly $700 million in operating profit in the quarter, the company said on today. Microsoft was hoping the Nokia purchase would allow it to sell more Windows smartphones and use them to lure customers to its software, Internet services and mobile apps. That appears to be a work in progress. Overall,...

WSJ: Ukrainian Conflict Hurting Tech Sector

WSJ.com reported that Russia’s involvement in the conflict in Ukraine and its possible link to the downing of Malaysian Airlines Flight 17 is impacting the western technology sector. According to the report, Russia’s parliament is drafting a bill to reduce the country’s reliance on foreign technology suppliers following U.S. sanctions against some of its biggest firms. The move could hurt global...

Report: Apple Readying Production of iPhone 6

According to reports, Apple (AAPL) is preparing for its largest initial production run of iPhones, placing a big bet on larger-screen phones to compete with similar offering from rivals such as Samsung. The company is reportedly asking suppliers to manufacture between 70 million and 80 million units combined of two large-screen iPhones with 4.7-inch and 5.5-inch displays by December 30, according to people...

Thomson Reuters Creates “Alpha Now” Website

Alpha Now is a new website provided by Thomson Reuters. The site provides free daily news and commentary on individual securities or macroeconomic activity. The site has articles and information published daily, providing investors with insight to efficiently monitor the markets and perform fundamental and quantitative analysis. There are several different Alpha Now newsletters that individuals can subscribe...

CI Market Dashboard: No Changes This Week

For the week ending July 18, 2014, one CI Market Dashboard indicator was bullish, four were bearish and four were neutral. There were no signal changes this week, no did any indicators trigger any confirming signals. Once again, geopolitics had the market on its yo-yo string this week. The U.S. and European Union (EU) issued a new round of sanctions against Russia for its ongoing involvement in the...

Google Inc. Beats on Revenues, Misses on Earnings

Google Inc. (GOOG) reported second-quarter 2014 adjusted earnings of $6.08 per share, below the consensus estimate of $6.23 per share. Revenues for the quarter rose 13.1%, to $15.96 billion, compared to the second quarter of 2013. Year-over-year comparisons were as follows: - Sites revenues grew 23%, to $10.94 billion, or 69% of total revenues - Network revenues grew 7%, to $3.42 billion, or 21% of total revenues -...

Investor Pressure Mounting on Yahoo’s Mayer

Wall Street wasn’t overly pleased with Yahoo’s (YHOO) second-quarter results yesterday, sending its shares tumbling downward over 5%. The surprise announcement that the company would return to shareholders at least half of the proceeds from the upcoming initial public offering of Chinese e-commerce giant Alibaba didn’t trump a 19% decline in earnings that missed analyst expectations or lackluster...

Microsoft to Cut Up to 18000 Jobs, Will Stop Making Android Phones

Satya Nadella, Microsoft Corp.’s (MSFT) chief executive since February, announced he was cutting about 14% of Microsoft’s workforce and that the company would take charges to earnings totaling up to $1.6 billion over the next year. The move is part of an ambitious plan to streamline the company’s operations in the wake of its recent acquisition of Nokia’s (NOK) devices and services...