Technology Sector Review: Cisco’s Cius Tablet at Car Dealerships, Apple Handsets On Top
Sohu.com Inc. (NASDAQ:SOHU): Sees Q1 total revenue $219M-$225M vs. consensus $238.15M. Assuming no new grants of share-based awards, Sohu estimates that compensation expenses and income tax expenses relating to share-based awards to be around $3M-$4M. The estimated impact of this expense is expected to reduce Sohu’s fully diluted EPS for Q1 of 2012 under US GAAP by 8c-10c.
The shares closed at $53.41, down $9.64, or 15.29%, on the day. Its market capitalization is $2.03 billion.
Apple Inc. (NASDAQ:AAPL) leaped past Samsung and LG to become the best-selling U.S. handset brand in the fourth quarter of 2011, said NPD Group, a research firm. In a quarter that featured the launch of the iPhone 4S and the addition of Sprint (NYSE:S), Apple’s three available models combined to capture 43% of the U.S. smartphone market in Q4, NPD added. However, Google’s (NASDAQ:GOOG) Android operating system maintained a 48%-43% over Apple among U.S. smartphone buyers, and among the first-time smartphone buyers in Q4, 57% purchased Android phones compared to just 34% who purchased iPhones, the firm added.
The shares closed at $463.97, up $4.29, or 0.93%, on the day. Its market capitalization is $432.59 billion.
Intel Corporation (NASDAQ:INTC): Advanced Micro Devices (NYSE:AMD) disclosed at an analyst event that it has started manufacturing some chips, potentially including its next-generation A-series Fusion chips, at IBM’s (NYSE:IBM) facilities, reported the hardware review blog X-bit Laboratories. Production from IBM may lead to increased ability to compete in terms of volume with Intel (NASDAQ:INTC), the blog said.
The shares closed at $26.72, down $0.02, or 0.07%, on the day. Its market capitalization is $136.06 billion.
Cisco Systems, Inc. (NASDAQ:CSCO): A new initiative from ADP Dealer Services (NASDAQ:ADP) will let car shoppers have access to Cisco’s (NASDAQ:CSCO) Android tablet, the Cius, while shopping at dealerships, reported Business Insider.
The shares closed at $20.19, up $0.1, or 0.5%, on the day. Its market capitalization is $108.54 billion.
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