We learned during the dot-com boom, and the subsequent bust, that it takes real money to build the Internet, meaning that the growth of online advertising, e-commerce, social networking, and all the rest doesn’t offer a magic formula for profit.
FBR Capital’s Craig Berger today reiterated his positive view on several semiconductor makers, despite what he sees as a likely hit to the electronics supply chain from the disaster in Japan, including a potential shortage of image sensors, NAND flash memory chips, and touch-screen displays that could be bad enough to slow production of Apple’s iPad 2.
A team of technology analysts at Piper Jaffray today offered a rather sweeping note positing that technology is becoming a force again to a degree not seen since the ’90s.
The rise of mobile technology, especially mobile phones, is threatening to displace the personal computer and to create new technology leaders, they write, with Qualcomm, for example, surpassing Intel in importance.
In response to Microsoft’s plan to sell $2.25 billion of bonds in maturities of 2015, 2020, and 2040, Bloomberg’s Sapna Maheshwari and John Detrixhe this afternoon write that the offering signals 2011 is, “more the year of the shareholder than the year of the bondholder.”
In response to rumors today in a couple of media outlets saying Walt Disney was among media titans interested in buying Imax, perhaps for as much as $40 per share, a source close to Disney this afternoon tells me that, “the rumors today of the company’s interest in Imax are pure fiction.”
Kaufman Brothers analyst Shaw Wu this morning responds to Apple’s (AAPL) announcement yesterday it was closing in on one million units sold of the Apple TV, writing that the company should add support for its iOS apps on the device.
Groupon, the coupon site that Google was reportedly looking to purchase for $6 billion, has hired Jason Child as its CFO, formerly the finance chief of Amazon.com’s International business, serving as worldwide corporate controller.