Wall Street Gives Yelp Five-Star Review as Stock Soars 23 Percent

New revenue opportunities make for giddy analysts.
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Voices

Facebook IPO: Facebook Loves Wall Street

Facebook is doing some poking on Wall Street. The social networking giant has just added five more lead investment banks to its IPO from the original six, according to an updated filing. On top of that, Facebook added another 20 investment banks that will get a piece of the action.

Another Cable Company Shows You How to Live Without Cable

Cablevision would very much like its three million cable TV subscribers to keep subscribing. But while it fights with Fox over programming fees, it’s going to show its customers how to live without cable. Today’s lesson: How to get legal streams of the World Series over the Web.

Verizon Could Sell 12 Million iPhones Annually

Bloomberg’s report Tuesday claiming Verizon Wireless will begin selling Apple’s iPhone in January 2011 has, predictably, inspired all manner of analyst notes reflecting on the implications of such an event. Evidently, the two go hand in hand–just like AT&T and dropped calls. So if, come January, Verizon were to offer the iPhone, what might happen? Well, for one thing, Apple would sell a hell of a lot more iPhones.
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Apple Selling .434 iPads Per Second

Some more iPad trumpet-blowing from Apple: The company sold three million iPads as of Monday–80 days after its U.S. launch. That’s approximately 37,500 iPads a day.

Apple iPad Likely to Outsell Mac Internationally, Too

After a false start, Apple’s iPad made its international debut Friday and by most accounts, it was a strong one. Indeed, some analysts are already saying the launch went better than expected. Noting that the nine countries in which the iPad debuted today are among Apple’s strongest international markets, RBC analyst Mike Abramsky said he expects the company to sell more iPads than Macs internationally.

Apple Selling More iPads Than Macs

Here’s a stunner of a data point: Apple is selling more than 200,000 iPads per week. Which means, according to RBC Capital Markets analyst Mike Abramsky, that sales of the company’s new device have outpaced those of the Mac in the United States and are closing in on those of the iPhone 3GS.

Apple’s Tablet: A $2.8 Billion Business?

We’re still a few days away from the presumed unveiling of Apple’s mythical tablet computer and already, analysts are trying to divine the impact the new device will have on the company’s bottom line. RBC Capital Markets analyst Mike Abramsky expects Apple to sell five million tablets in the product’s first year at market.
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Not Bad, Sirius. Not Bad.

The winter holidays were particularly kind to Sirius XM. Consider this: For the satellite radio company’s current quarter, RBC Capital Markets expected Sirius to add 49,000 new subscribers. At the time it was issued, that projection was described as “cautiously optimistic.” And it was…far too cautious. Because after market close Tuesday, Sirius said it added 257,028 net new subscribers in the fourth quarter.
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“Palm” and “Smartphone Leadership” No Longer an Oxymoron

For Palm, the coming year won’t be an easy one. The company is still in hairy financial straits after posting an $85.4 million loss in its last quarter and there’s much to be done to reinvigorate its brand, especially as competition in the…[sigh]…”superphone” market continues to heat up thanks to Apple and Google. But according to RBC analyst Mike Abramsky, Palm is coming around, and 2010 will be an inflection point for the company.
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Apple to Investors: You're Welcome

Palm Posts Loss, Announces Stock Offering

Is Twitter Worth $1 Billion?

Quite a Stretch, Armstrong…

Analyst: Nortel Bankruptcy Rate May Soar

Google Take All

The Day After

Google Take All