Microsoft News Update: Q1'08 Financial Announcement

Microsoft 3Q profit falls from Vista-heavy 2007 quarter


Highlight:
Microsoft reported more than $1 billion in deferred revenue tied to delays in the launch of the Windows Vista operating system.

Outlook:
1. Microsoft upped its fiscal Q4 guidance to a profit of $0.45 to $0.48 per share, at or below Wall Street's current view for $0.48 per share.

2. Company forecast $15.5 billion to $15.8 billion in sales. Analysts are expecting revenue of $15.56 billion.

3. Microsoft's first guidance for next fiscal year: profit of $2.13 to $2.19 per share, on sales from $66.9 billion to $68.0 billion. Wall Street is currently looking for a profit of $2.10 per share on $66.52 billion in sales.

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Motorola News Update: Q1'08 Financial Announcement

Motorola 1Q loss widens as phone sales fall


Highlight:

Mobile Device segment:
1. Sales were $3.3 billion, down 39% compared to year-ago quarter.
2. The operating loss was $418 million, compared to an operating loss of $233 million in the year-ago quarter.
3. Company shipped 27.4 million handsets on Q1'08.

Home & Network Mobility segment:
1. Sales were $2.4 billion, up 2% compared to the year-ago quarter.
2. Operating earnings were $153 million, compared to operating earnings of $167 million in the year-ago quarter.

Enterprise Mobility Solution segment:
1. Sales were $1.8 billion, up 5% compared to the year-ago quarter.
2. Operating earnings increased to $250 million, compared to operating earnings of $131 million in the year-ago quarter.

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Xilinx News Update: Q4'08 Financial Announcement

Xilinx reports 10% profit rise

Highlights:



Other:
Revenue almost flat from Q2Q, which fall into high side of company forecast (flat to down 4%).

Outlook:
Q1 '09 sales would range between a 1% sequential decline to a 3% sequential increase, which translates to a range of $471 million to $490 million. Analysts were looking for $488.2 million.

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Previous Quarter Forecast

Apple News Update: Q2'08 Financial Announcement

Apple 2Q profit, sales beat Wall Street, but stock wobbles on guidance below estimates

Highlight:

Revenue:
Sequential Quarter decline 21% from $9.608 billion to $7.51 billion as usual due to Q1 was X'mas/Holiday session.
Y2Y of Q2 rose 42% from $5.264 billion to $7.51 billion

EPS:
Y2Y of Q2 rose 33% from $0.87 (with $0.77 billion Net Profit) to $1.16 (with 1.05 billion Net Profit)

Other:
2.29 million Mac Computers and 10.6 million iPods sold, a 51% & 1% increase over past year for Q2 respectively.
1.7 million iPhones sold and on-track with 10-million unit target.
Gross margin was decline from 35% to 33% a year ago.

Q3 Outlook:
Expects to earn $1 a share on revenue of $7.2 billion vs. Analysts forecast Apple to earn $1.09 a share on $7.23 billion in sales.

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Previous Q1 Result

Global mobile handset - Market Share 2007

Global mobile handset market share across major players:



Global mobile handset shipments in millions of units:

Sony Ericsson News Update: Q1'08 Financial Announcement

Highlight:

Sony Ericsson's first-quarter profit drops 48%

Revenue:
Y2Y of Q1 drop 7.6% from $4.63 billion to $4.30 billion

Net Profit:
Y2Y of Q1 drop 48% from $404 million to $212 million

Other:
Sony Ericsson estimated its market share at around 8% in the quarter, down from 9.7% in the fourth quarter.

Sony Ericsson shipped 22.3 million phones in the quarter, up 2% compared with the year-ago period and in line with consensus forecasts. Still, shipments fell 26% sequentially, a bigger drop than the typical seasonal decline of 10% to 15%.

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Malaysian real estate – cautious optimism

Pick from Star
By KFH RESEARCH

ALTHOUGH the Malaysian property sector was buoyant in 2007, the market is expected to be somewhat cautious this year given a high base effect from 2007, lower disposable incomes from higher inflationary pressure as well as knock-on effects from foreign buyers given the US credit crisis.

After a period of upcycle in 2003-2006, the Malaysian residential property is expected to reach a plateau in 2008, underpinned by the aggressive launches of mid-to-high developments since 2006. On the demand side, take-up rates of new projects were not encouraging during the first nine months of 2007, with average sales performance of newly launched residential schemes at 44.3% vs 40.6% in 2006, despite higher units launched.

The low medium and medium-cost segments will see softening this year as disposable incomes are affected by the rising cost of living given escalating inflation.

The high-end residential market is expected to witness a period of rationalisation and consolidation this year, and lose significant steam into 2009 on the back of increased supply, i.e. completion of new condominiums during the period.

Given the physical supply of high-end residentials coming onstream in 2008 and 2009, the growth in rentals and capital value is expected to ease by the end of this year. The rate of growth of occupancy levels and rentals will ultimately determine whether strong foreign interest will be sustained.

For more please visit link at star

Linear Technologies News Update: Q3'08 Financial Announcement

Highlight:

Revenue:
Sequential Quarter rose 3.1% from $288 million to $297 million
Y2Y of Q3 rose 16% from $255 million to $297 million

EPS:
Sequential Quarter rose 7% from $0.42 to $0.45 (with $99.2 million Net Profit)
Y2Y of Q3 rose 36% from $0.33 (with 98.5 million Net Profit) to $0.45 (with $99.2 million Net Profit)

Other:
Chip maker Linear Technology Corp. said Tuesday its third-quarter profit grew less 5.8 percent, with a big boost in revenue offsetting higher interest expenses and declining interest income.

Note: FY06/08

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Intel News Update: Q1'08 Financial Announcement

Highlight:

Revenue:
Sequential Quarter decline 10% from $10.71 billion to $9.67 billion as usual due to Q4 was X'mas/Holiday session.
Y2Y of Q1 rose 9% from $8.85 billion to $9.67 billion

EPS:
Sequential Quarter decline 35% from $0.39 to $0.25 (with 1.44 billion Net Profit)
Y2Y of Q1 decline 11% from $0.28 (with $1.63 billion Net Profit) to $0.25 (with 1.44 billion Net Profit)

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AMD News Update: Q1'08 Financial Announcement

Highlight:

Revenue:
Sequential Quarter drop 15% from $1.77 billion to $1.51 billion
Y2Y of Q1 rose 22% from $1.233 billion to $1.51 billion

EPS:
Sequential Quarter improve $2.47 from ($3.06) to ($0.59) (with 358 million Net Loss)
Y2Y of Q1 improve $0.52 from ($1.11) (with 611 million Net Loss) to ($0.59) (with 358 million Net Loss)

Other:
It also announced plans to jettison 10 percent of its global work force, or about 1,600 workers, by September.AMD said its 45-nanometer products are expected in the second half of 2008.

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Nokia News Update: Q1'08 Financial Announcement

Highlight:

Revenue:
Sequential Quarter drop 19% from $25.04 billion to $20.13 billion
Y2Y of Q1 rose 28% from 15.71 billion to $20.13 billion

EPS:
Sequential Quarter drop 34% from $0.77 to $0.51
Y2Y of Q1 rose 27.5% from $0.40 (with $1.55 billion Net Profit) to $0.51 (with $1.94 billion Net Profit)

Analyst expect $2.19 billion of profit vs actual profit of $1.94 billion, which is 12% below expectation.


The weaker industry outlook
On Thursday, Nokia said it expects the mobile-device market to decline in value in euro terms in 2008, reflecting "continued weakness in the U.S. dollar against the euro, the general economic downturn in the U.S. and possibly going forward some slowdown in Europe."

Note:All $ is referring to USD.

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Google News Update: Q1'08 Financial Announcement

Google Highlight:

Revenue:
Sequential Quarter rose 7.6% from 4.82 billion to 5.19 billion
Y2Y of Q1 rose 41.6% from 3.66 billion to 5.19 billion

EPS:
Sequential Quarter rose 6.7% from $3.86 to $4.12 (with 1.31 billion Net Profit)
Y2Y of Q1 rose 41.6% from $3.18 (with 1 billion Net Profit) to $4.12 (with 1.31 billion Net Profit)

Note:It marked the 12th quarter out of the 15 since Google went public that its performance has topped analyst expectations — a trend that had helped propel its stock to nearly $750 before the recent plunge.

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BigdealSmalldeal Analysis on Google

Altera Earning Announcement Q1 '08

Earning announcement highlight:
Revenue and Net Profit from Q2Q is up 3.9% (323.2mil to 336.1mil) and 28% (65mil to 83mil) respectively. Revenue beat its own projected outlook of 329mil (2% up from Q4'07).
Per Altera, it's Q2 revenue outlook is forecast to be increase 1% to 4%, $339.5 mil and $349.5 mil.

BigdealSmalldeal Analysis on Altera

Public Bank Q1 2008 profit jumps 51%

Highlight of Quarterly Earning:

Revenue rose 22.8% to RM2.64bil from RM2.15bil in the previous corresponding quarter while earnings per share jumped to 21.39 sen from 14.19 sen.

Net profit of RM717.39mil for the first quarter ended March 31, up 50.6% from RM476.22mil a year earlier, on strong growth in its operating profit.

The earnings were driven by higher net interest income, including net financing income from its Islamic banking operations, and also a goodwill payment of RM200mil.