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HEXUS.sharewatch: ARM added to list as quarterly earnings hit Microsoft and AMD

by Scott Bicheno on 27 July 2009, 12:13

Tags: AMD (NYSE:AMD), Microsoft (NASDAQ:MSFT), ARM

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The Dow Jones topped 9,000 last week for the first time since January and the NASDAQ threatened 2,000 for the first time since early October 2008, in what has been a strong two week rally.

In what was generally a pretty positive week for tech stocks, only two companies saw a significant fall in their share prices. It's no coincidence that they both announced disappointing quarterly earnings during the week.

Microsoft seemed to surprise pretty much everyone by announcing revenues that fell short of expectations by around a billion dollars. Meanwhile, there was a greater predictability to AMD revealing its 11th consecutive quarterly loss.

Both companies blamed the slowdown in PC sales for the drop in revenue.

This is a trend that may continue beyond the end of the global recession if UK chip designer ARM has its way. An ecosystem of chip makers that use ARM designs is hoping the market will move away from the Wintel (Windows on Intel architecture) paradigm that has dominated personal computing for thirty years.

For this reason we've decided ARM should join the largest member of its ecosystem - Qualcomm (which saw its own share price affected by negative news last week) - on our list. For the sake of continuity, we're using ARM's NASDAQ listing.

 

Company Listing Share price 6/7/09 Share price 13/7/09 Share price 20/7/09 Share price 27/7/09 7-day change Market cap (bn)
AMD AMD 3.78 3.49 4.00 3.77 -5.8% 2.52
Apple AAPL 140.02 138.52 151.75 159.90 5.4% 142.65
ARM ARMH N/A N/A N/A 6.44 N/A 2.72
Avnet AVT 21.19 20.72 23.77 24.67 3.8% 3.73
Dell DELL 12.97 13.22 12.67 13.50 6.6% 26.38
Google GOOG 408.49 414.40 430.25 446.72 3.8% 141.14
HP HPQ 37.85 37.24 39.98 41.72 4.4% 99.55
IBM IBM 101.73 100.83 115.42 117.64 1.9% 155.45
Ingram Micro IM 17.56 17.11 18.30 18.36 0.3% 2.97
Intel INTC 16.72 16.04 18.79 19.36 3.0% 108.13
Microsoft MSFT 23.37 22.39 24.29 23.45 -3.5% 208.70
Nvidia NVDA 10.90 10.37 12.07 12.96 7.4% 7.08
Qualcomm QCOM 44.68 43.44 47.40 47.35 -0.1% 78.37
Tech Data TECD 31.92 30.79 33.40 35.44 6.1% 1.78
Dow .DJI 8280.74 8146.52 8743.94 9093.24 4.0% N/A
FTSE 100 .FTSE 4236.28 4134.59 4388.75 4576.61 4.3% N/A
NASDAQ .IXIC 1796.52 1756.03 1886.61 1965.96 4.2% N/A


HEXUS Forums :: 1 Comment

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Arm has been doing pretty well of late share price wise, for ages it was 80-100p range and now it seems to have broken it jumped another 4% today to 130+p, seems to still be on the way up. Shame I sold mine to early, but a profit is a profit I guess.