Michael Trager

Covering all the Angles on Wall Street.

Latest from Michael Trager

Blackberry Bold Updated, RIM Struggling

On the heels of last week’s warning of declining Blackberry sales and market share, Research in Motion (ticker symbol RIMM) has unveiled an updated Blackberry Bold smartphone which will have a touch screen as well as a keyboard. “The world is changing and we’re doing all we can to prepare RIM for it,” Mike Lazaridis, ...

Facebook Valuation Skyrocketing

Past postings have alluded to the astronomical and bubble-like valuations currently enjoyed in the private markets by social media outfits such as Facebook, Twitter, Zynga, Groupon, and others. Now comes word that Facebook’s current financial performance and price/earnings (P/E) ratio may warrant a valuation of close to $100 billion in the private marketplace. According to ...

Near Field Communications, Dolby Labs, and NXPI – The Next Big Thing?

There is some buzz developing around a technology known as near field communications (NFC), a set of short-range wireless technologies, typically requiring a distance of 4 cm or less, which allows mobile devices to communicate with each other across very short distances. Utilization of this technology will allow credit card payments, for example, to be ...

Week in Review, Market Musings

Our Wall Street Angle site seems to be off to an auspicious start. We are fairly new and will “feel our way” around, so to speak, as we try different formats, content, and orientation. Due to our relationship with our sister site, siliconangle.com, and our base location in Silicon Valley, we will always have an ...

Microsoft Net Up, Windows Down

Microsoft (ticker MSFT) may have to get used to slowly declining sales of its’ cornerstone Windows operating system software as consumers switch from traditional desktop PC’s to more convenient and mobile tablet computers. Recent studies by some investment firms are showing cannibalization of traditional PC sales by the iPad and other models of tablet computers. ...

Netsuite Beats Views, Forecast Mixed

Netsuite (ticker symbol N) is a company based in San Mateo, California, which came public late in 2007 as the stock market was peaking before the crash of 2008-2009. The majority owner/investor is Larry Ellison of Oracle (ticker ORCL) who seemed to see at the time a demand for Oracle type software availability through the ...

RIM In Transition, Blackberry Addicts Kicking The Habit

Research in Motion Ltd. (ticker symbol RIMM) has reported, not unexpectedly, that sales for its’ BlackBerry smartphones are slackening as competition in the smartphone marketplace continues to heat up. The warning comes just a month after the company reported earnings and gave a weak short-term outlook, providing fresh evidence that RIM is struggling to compete ...

Skyworks Solutions Beats Q2 Views

Skyworks Solutions, Inc. (ticker symbol SWKS) is an innovator of high reliability analog and mixed signal semiconductors. Leveraging core technologies, Skyworks offers diverse standard and custom linear products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications. Not well known to consumers, the maker of wireless chips used to help ...

Yelp Seeks IPO

According to an article in the Wall Street Journal (wsj.com), Yelp’s CEO, Jeremy Stoppelman, has indicated in an interview that the private company has decided to not seek another round of private funding in the belief that they will get the best valuation from the public markets even with the current high valuations being assigned ...

Ebay Results Strong, Shares Flat

Ebay (ticker symbol EBAY) has reported its’ first quarter financial results. The company said Wednesday that its first-quarter revenue climbed 16% from a year earlier to $2.5 billion, while profit rose 20% to $475.9 million. The company also raised its full-year earnings forecast, projecting revenue of $10.6 billion to $10.9 billion, up from a previous ...