Facebook Ready to Face Critics, Sprint Sees Demand and 3 High Demand Stocks in Focus
Sprint Nextel Corporation (NYSE:S): Apple’s (NASDAQ:AAPL) iPhone 5 demand continues to be ridiculously high, meaning that the majority of Apple stores worldwide continue to be out of stock. In fact, several carrier locations in the United States haven’t even received new shipments of the iPhone 5 yet since launch. An Apple store is probably the best place to find one, but nearly all available iPhone 5′s will probably be for only Sprint.
Facebook Inc (NASDAQ:FB) is planning to unveil data that will discredit its critics by showing “clicks,” which is now the metric of choice, doesn’t necessarily have meaning. Just days prior to Facebook’s IPO, General Motors declared intended to pull all paid advertising from the site, and the social network’s new data will contest that big-brand marketers shouldn’t follow the industry’s obsession with the amount of clicks, and instead, it should focus instead on better advertising techniques.
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Bank of America Corp’s (NYSE:BAC) $2.43 billion shareholder settlement on its crisis-time acquisition of Merrill Lynch on Friday continues the trend of surprise billion dollar losses and destroyed quarters. Investors should expect these negative surprises since the bank and Chief Executive Brian Moynihan slowly push past the crisis.
Nokia Corporation (NYSE:NOK) has stated that Oracle (NASDAQ:ORCL) has been successful in the development of a built-in link connecting Oracle Fusion Middleware MapViewer and its Nokia Location Platform. Nokia stated that the link “removes the barrier of a customized map integration and extends the benefits of global maps for business use to Oracle users.” NLP provides maps for nearly 200 countries, and now, Oracle users will be able to license NLP from Nokia to be used in Oracle applications, the company said.
Sirius XM Radio Inc’s (NASDAQ:SIRI) shareholders will need to hold shares long-term to see the benefit from its high potential for capital appreciation because of its revenue growth or impending acquisition. The investors who are interested shouldn’t wait long to buy Sirius, since strong earnings are expected for the rest 2012, and Liberty Media (NASDAQ:LMCA) owns a stake surpassing 49 percent. Sirius XM was able raised its revenue, subscriber base, and net additions during Q2, although the company faced rising subscription fees in January 2012.