Reuters - Video

Edition: U.S. | U.K. | IN | CN

Top News

Techquity: Apple falls to Samsung, HP soars

Friday, February 22, 2013 - 03:12

Feb. 22 - Samsung sells more devices than Apple while Hewlett-Packard delights investors.

▲ Hide Transcript

View Transcript

And you can't plan for apple. In a note that today Morgan Stanley says the company will likely increase the cash return to shareholders. The conclusion based on recent means apple CFO Peter Oppenheimer. Morgan Stanley advocates -- stockholders who have money borrowed at low interest rates rather than repatriating some of the billions held overseas. That would avoid the tax at the repatriated money would take. Activist investor David I'm as outlined his plan. To a lot more value for shareholders at a conference called investors he wants apple issued preferred shares and eventually repatriate cash held abroad. While they continue but Apple's money there's no debate is dealing with increased competition in its business. A new report from IDC shows Samsung took the top spot sales of Smart connected devices in the fourth quarter. That being Smartphones tablets desktop PCs and portable PCs. Apple came in second after handily beating cents a year earlier. For all of 2012 Samsung also winner after trailing apple and when he eleven. The galaxy line of Smartphones helping boost its only 250 million shipments of its devices. Apple's 218 point seven milling. Smartphones made it the largest chunk of device shipments at 60%. Followed -- portable PCs it nearly 17%. And desktop PCs and tablets tablets though experiencing the largest growth of before. Here's an apple today up fractionally in the 448. Dollar range in our best of the rest today Hewlett-Packard. And author upping their earnings estimates after the PC maker produced profit and revenue that beat Wall Street's forecasts. He says the biggest positive swing factors HP's use that. Enterprise group pop profitability was bottoming out. BMO raised its estimates and price target. The twenty dollars from fourteen dollars -- expects eight -- do more by accident boost dividends in light of its ability to generate cash. HP's he'll make witness as the company's turnaround this. On track. But cost cutting produce those results revenues fell in every unit except one and shrinking margins in the declining PC business presents a big challenge. Whitman says HP will not abandon the easy business and will not break up the company. Investors cheered its corporate report -- driving the stock up -- percent. HP last year's dog of the Dow is now leading the index up 20%. So far this year. I'm a look at movers first soaring is. Aruba Networks the wireless network gear maker reported 23% higher quarterly revenue and forecast further gains in the current quarter shares up more than 20%. In a 52 week high of 2678. Earlier in the session. And sputtering blackberries. And -- partners. Cutting to stop from neutral with -- and lowering its price target from twelve dollars to ten shares down about 4%. And that's -- but he this Friday. -- -- follow us on Twitter at RT RS equity I'm Fred I think Alan this is war.

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

Techquity: Apple falls to Samsung, HP soars

Friday, February 22, 2013 - 03:12

Editors' Picks »

Business »

Technology »

Obama calls on Congress to tackle cyber security Obama calls on Congress to tackle cyber...

Wed, 21 Jan, 2015 - (0:55)

Smelly rain unraveled by scientists Smelly rain unraveled by scientists

Tue, 20 Jan, 2015 - (1:06)

Life-saving app detects car accidents Life-saving app detects car accidents

Tue, 20 Jan, 2015 - (2:07)

3D laser mapping 'weighs' trees 3D laser mapping 'weighs' trees

Wed, 14 Jan, 2015 - (1:47)

Eucalyptus study could be key to koala survival, says researcher Eucalyptus study could be key to koala...

Sun, 11 Jan, 2015 - (2:33)

BMW goes solar at CES BMW goes solar at CES

Thu, 08 Jan, 2015 - (2:16)

Moving Pictures »

Images of December Images of December

Tue, 23 Dec, 2014 - (0:30)

Tsunami - unclaimed possessions Tsunami - unclaimed possessions

Tue, 23 Dec, 2014 - (2:23)

Images of November Images of November

Tue, 02 Dec, 2014 - (0:30)

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

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)

Oddly Enough »

Robots dance in mass-games fashion Robots dance in mass-games fashion

Wed, 21 Jan, 2015 - (1:30)

India has most of the world's tigers India has most of the world's tigers

Wed, 21 Jan, 2015 - (1:22)

Cat saves abandoned baby Cat saves abandoned baby

Tue, 20 Jan, 2015 - (1:09)

Pope Francis - the musical Pope Francis - the musical

Sat, 17 Jan, 2015 - (1:35)

Google partners with auto suppliers on self-driving car Google partners with auto suppliers on...

Thu, 15 Jan, 2015 - (1:32)

Dateline Asia »

Asia Week Ahead: Markets await Greece vote Asia Week Ahead: Markets await Greece vote

Fri, 23 Jan, 2015 - (1:18)

Netflix to push play in China Netflix to push play in China

Thu, 22 Jan, 2015 - (1:41)

Japan in a tight spot over hostage crisis Japan in a tight spot over hostage crisis

Thu, 22 Jan, 2015 - (1:05)

Behind the pretty face of K-pop Behind the pretty face of K-pop

Thu, 22 Jan, 2015 - (2:09)

Record slowdown in China's economic growth Record slowdown in China's economic growth

Tue, 20 Jan, 2015 - (1:52)

North Korean defector changes his story North Korean defector changes his story

Mon, 19 Jan, 2015 - (1:03)

China stocks hit by credit crackdown China stocks hit by credit crackdown

Mon, 19 Jan, 2015 - (1:16)

Xiaomi smartphones look to go global Xiaomi smartphones look to go global

Mon, 19 Jan, 2015 - (1:54)

Clamping down on China's toxic toys Clamping down on China's toxic toys

Fri, 16 Jan, 2015 - (1:11)

In China, a new a challenge to Apple In China, a new a challenge to Apple

Fri, 16 Jan, 2015 - (1:09)

Ecstatic Filipinos cheer the Pope's arrival Ecstatic Filipinos cheer the Pope's arrival

Fri, 16 Jan, 2015 - (1:11)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

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 - (13:22)

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

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