2 Tech Stocks Generating Demand Ahead of Earnings

Texas Instruments, Inc. (NYSE:TXN) will unveil its latest earnings on Monday, January 23, 2012. The average estimate of analysts is for net income of 39 cents per share, a decline of 39.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 55 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 39 cents during the last month. For the year, analysts are projecting profit of $2.02 per share, a decline of 18.9% from last year.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 3 cents, reporting net income of 60 cents per share against a mean estimate of profit of 57 cents. In the second quarter, the company exceeded forecasts by 3 cents with net income of 56 cents versus a mean estimate of profit of 53 cents. On average, analysts predict $3.25 billion in revenue this quarter, a decline of 7.7% from the year ago quarter. Analysts are forecasting total revenue of $13.57 billion for the year, a decline of 2.9% from last year’s revenue of $13.97 billion.

Competitors to Watch: National Semicond. Corp. (NYSE:NSM), Analog Devices, Inc. (NYSE:ADI), Intersil Corporation (NASDAQ:ISIL), Linear Technology Corp. (NASDAQ:LLTC), ON Semiconductor Corp. (NASDAQ:ONNN), Intel Corporation (NASDAQ:INTC), STMicroelectronics N.V. (NYSE:STM), Maxim Integrated Products Inc. (NASDAQ:MXIM), Broadcom Corporation (NASDAQ:BRCM), and Marvell Tech. Group Ltd. (NASDAQ:MRVL).

VMware (NYSE:VMW) will unveil its latest earnings on Monday, January 23, 2012. The average estimate of analysts is for profit of 43 cents per share, a rise of 79.2% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $1.51 per share, a rise of 88.8% from last year.

Last quarter, the company fell short of estimates by 13 cents, coming in at profit of 31 cents per share against a mean estimate of net income of 33 cents. The company topped expectations in the second quarter. On average, analysts predict $1.05 billion in revenue this quarter, a rise of 25.6% from the year ago quarter. Analysts are forecasting total revenue of $3.76 billion for the year, a rise of 31.5% from last year’s revenue of $2.86 billion.

Competitors to Watch: Citrix Systems, Inc. (NASDAQ:CTXS), Intl. Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT), EMC Corporation (NYSE:EMC), Symantec Corporation (NASDAQ:SYMC), Oracle Corporation (NASDAQ:ORCL), Quest Software, Inc. (NASDAQ:QSFT), Hewlett-Packard Company (NYSE:HPQ), Google Inc. (NASDAQ:GOOG), and LogMeIn, Inc. (NASDAQ:LOGM).