Reuters - Video

EDITION: U.S. | U.K. | IN

Finance Videos

Techquity: Mobile moves from Apple, Microsoft; VMware weak

Tuesday, January 29, 2013 - 03:42

Jan 29 - Apple and Microsoft announce new products while VMware gives a cautious outlook.

▲ Hide Transcript

View Transcript

Apple is targeting business customers. The company's coming out with a new iPad with more storage the fourth generation device with a Retina Display like this one. We'll have 120 gigabytes of space up from the 64 on the largest version. Apple's release touts success in getting as it -- it virtually all the fortune 500 either -- deploy its talent. The Wi-Fi only version runs 799. Dollars and the first with a phone connection cost 929. Goes on sale next week. Apple shares getting a lift up more than 1%. One piece of software -- will have a harder time running on that iPad comes from Microsoft one of our best of the rest. The software giant launching its latest version of office which won't be available as an app on Apple's tablet. In the office 365 will be readily available on Microsoft's surface tablet other devices. It cost 100 dollars a year for online access to outlook email excel in other desktop staples. On up to five devices the product will be constantly updated and won't require users to download fixes or improvements. The new subscription services key for the company's. Outlook is its most profitable product. But it faces tough competition from Google which offers its competing online product for free to consumers and fifty dollars a year to business users. Shares or roughly flat today you're 28 dollars. FaceBook reports results Wednesday after the bell analysts are expecting to see improvement in mobile revenue made up their price targets ahead of the report. That includes Credit Suisse which raised its sales and profit forecast for the quarter. The -- I think shares already reflect near to medium term benefits. Credit Suisse hiking -- story from 24 dollars to 31 dollars the stock down 3% of the 31 dollar range. Options trading ahead of earnings shows big bets made on both sides of its current price according to what's trading dot com. Amazon reports its earnings after the market closed investors will be eyeing its revenues after the company had its biggest holiday shopping season ever. Also in focus the Kindle fire tablet. Which is its top selling item. And third party sales growth which helped fatten profit margins Amazon's bottom line has disappointed Wall Street in the last two quarters. Amazon's stock which rose 36% last year -- is down more than 2% ahead of its report. Bristol-Myers honeymoon as Yahoo! CEO may be coming to an end. The stock is falling two and a half percent today despite positive earnings results. Even price target hikes by eight brokerages couldn't lift the stock has risen roughly 30% since Meyer became CEO in July. Partly due to huge stock buybacks. Yahoo! -- the slight increase in revenue for this year and Yahoo!'s net income beat expectations but fell in the fourth quarter. Soaring inspiring time our look at movers first story is you're a wireless. The provider of mobile broadband modems sold assets to next year for 138. Million dollars in cash. Equal to about half its market cap. It also reported preliminary revenue above forecasts shares up 14%. And sputtering VMware. Software maker gave a cautious outlook for 2013. It's that it plans to cut about 7% of its workforce as part of a restructuring. Shares down 20%. That's kept putting this Tuesday remember you can follow on Twitter RT RS equity. I'm Fred Katayama and this is --

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Techquity: Mobile moves from Apple, Microsoft; VMware weak

Tuesday, January 29, 2013 - 03:42

Editors' Picks »

Most Popular »

Business »

Moving Pictures »

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

Oddly Enough »

Giant rubber duck on show in Shanghai Giant rubber duck on show in Shanghai

Thu, 23 Oct, 2014 - (1:06)

Black bear cub goes Sunday shopping Black bear cub goes Sunday shopping

Thu, 23 Oct, 2014 - (0:27)

Christie's opens new Shanghai office Christie's opens new Shanghai office

Wed, 22 Oct, 2014 - (1:13)

White lion cubs unveiled to the public White lion cubs unveiled to the public

Tue, 21 Oct, 2014 - (1:01)

Ebola Halloween getup stirs controversy Ebola Halloween getup stirs controversy

Tue, 21 Oct, 2014 - (1:14)

Cuddly Ebola toy almost wiped out Cuddly Ebola toy almost wiped out

Mon, 20 Oct, 2014 - (0:34)

New MoMA exhibit cut out for Matisse New MoMA exhibit cut out for Matisse

Thu, 16 Oct, 2014 - (1:28)

London's Frieze art fair tests your senses London's Frieze art fair tests your senses

Thu, 16 Oct, 2014 - (1:28)

Paris streets become gallery for Plato-inspired sculptures Paris streets become gallery for...

Wed, 15 Oct, 2014 - (1:21)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)