Broadcom’s Whisper Number reaches 79c and 4 Chip and Big Data Stocks on the Move
Broadcom Corp. (NASDAQ:BRCM): After the market closes today, Broadcom Corp. is expected to report their third quarter earnings in a conference call scheduled for 4:45 pm ET. According to First Cal, their consensus estimate is 76c for earnings per share and $2.09 billion for revenue. The whisper number is 79c, which is 3c ahead of the analyst estimate. Given the chip maker’s close ties to the smartphone market, particularly the Apple’s (NASDAQ:AAPL) iPhone, Broadcom’s earnings will be in the spotlight. The firm also maintains a strong position in the tablet market as well as connected homes through their WiFi chipsets. However, they are facing intensifying competition from other semiconductor makers looking to gravitate towards mobile.
Qualcomm Incorporated (NASDAQ:QCOM): Smartphones have made juggling multiple single-purpose gadgets a thing of the past for many, but the blind and visually impaired often use a raft of devices built with eyes-free use in mind. Qualcomm Incorporated and Project Ray, however, are aiming to consolidate phone calls, text messaging with voice read-out, navigation, object recognition, audio book reading and more for the visually impaired in a system built on an off-the-shelf Android phone. To navigate the smartphone, users leverage a handful of simple finger movements that can be started at any point on the handset’s touch screen. Voice prompts and vibrations provide feedback to users and the UI adapts to usage patterns and preferences. Currently, Ray devices have access to Israel’s Central Library for the Blind and are being tested by 100 folks in the country.
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Rackspace Hosting, Inc. (NYSE:RAX): Rackspace Hosting, Inc.’s users, starting today, will get what Amazon users are long accustomed to — the ability to order the amount of storage their cloud server needs instead of the amount the service provider assigns. Rackspace announced that Cloud Block storage is intended to compete with Amazon’s Web Services Elastic Block store. Both are the types of storage assigned to a working server that runs applications. This storage is used to hold active application data such as database transactions, messages, and/or files that are accessed regularly as compared to AWS’s Simple Storage Service, or S3, which is meant to hold infrequently accessed file or data objects.
SanDisk Corp. (NASDAQ:SNDK): SanDisk Corporation has joined Intel as a Platinum sponsor of the twelfth annual Storage Visions Conference while Marvell and Symform are Silver Sponsors. Also, there is less than a month to submit products, services and companies for the coveted Storage Visions Awards. The conference will be held at the Riviera Hotel Convention Center in Las Vegas, Nevada on January 6 & 7, 2013 by the Entertainment Storage Alliance.
VMware, Inc. (NYSE:VMW): According to CRN who has cited sources, Apple (NASDAQ:AAPL) is said to be working with VMware, Inc. to bring a cloud-based, business-oriented version of their iWork suite of apps to the iPad. The partnership would compete directly with Microsoft’s (NASDAQ:MSFT) rumored release of Office for iOS.
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