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Weaker Q2 tech earnings could make investors jittery

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Earnings season starts this week for tech companies, and no one is expecting outstanding second-quarter results. If the reports turn out to be weaker than expected, then tech investors might run for the hills, the San Jose Mercury News reported.

The world economy has been shaky, mainly due to a slowdown in Europe. Demand for PCs, corporate computing gear, and software may have had a weak quarter. China’s economy is slowing, hurting the growth of the PC market, according to Bloomberg. And some suppliers to the PC market have warned about weaker financials.

Starting on Tuesday, Intel and Yahoo will report their second-quarter earnings. They will be followed by eBay and IBM on Wednesday; Google, Advanced Micro Devices, SanDisk and Microsoft report on Thursday. Apple reports on July 24.

“Weakness is broad and is spreading in tech land,” Ambrish Srivastava, a financial analyst at BMO Capital Markets, warned in a report, the Mercury News said.

Apple is expected to have a good quarter, but there’s a chance that its sales will level off as consumers wait for an as-yet-unannounced new version of the iPhone. Facebook, on the other hand, has seen its stock price falter, bringing social game maker Zynga down with it. Yahoo has had a tough time with its CEO turnover.

Hewlett-Packard, Dell, IBM and Intel will rise or fall based on sales in the commercial tech sector. Advanced Micro Devices, a maker of microprocessors, and Applied Materials, the largest maker of semiconductor manufacturing equipment, warned that their sales would be lower than expected. Seagate, the storage giant, also offered a warning.

Nobody is expecting an outlook as gloomy as the 2008 financial crash.

Here’s the schedule for upcoming earnings announcements:

Tuesday July 17: Intel, Yahoo
Wednesday July 18: eBay, IBM
Thursday July 19: Google, AMD, SanDisk, Microsoft
July 23: VMware, THQ
July 24: Apple, Netflix, Juniper Networks, EMC
July 25: Symantec, Zynga
July 26: Facebook, Informatica
July 30: EA, Yelp, Seagate
Aug. 2: Activision, LinkedIn
Aug. 9: Nvidia
Aug. 13: GameStop, Groupon
Aug. 21: Dell
Aug. 22: HP

Filed under: games, media, mobile, social



The SanDisk Extreme SD Card Is the Perfect Balance Between Price and Performance [Stuff We Like]

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Click here to read The SanDisk Extreme SD Card Is the Perfect Balance Between Price and Performance

If you’re in the market for a new SD card, trying to pick one up can seem overwhelming. Our friends over at the Wirecutter looked at a number of SD cards and discovered that the SanDisk Extreme line is the best performing card you’ll find at an affordable price. More »

Written by Whitson Gordon

June 20th, 2012 at 12:00 am

Early Stage VC Bullpen Capital Raising $35 Million For New Fund, Filing Says

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Bullpen Capital, the Silicon Valley-based early stage venture capital firm, is raising $35 million for what appears to be its second fund, according to regulatory documents filed today with the Securities and Exchange Commission.

Bullpen Capital was founded in late 2010 and is aimed at making follow-on investments in startups that have already received angel funding. Even though the firm is quite young, its portfolio has already had some hits: Bullpen’s investments have included Assistly, which was acquired by Salesforce, and FlashSoft, which was acquired by SanDisk.

According to the new SEC filing, Bullpen is now looking to raise $35 million for what appears to be its second fund, Bullpen Capital II. No money has been raised for the fund yet, the filing says. Bullpen’s founders and partners Duncan Davidson, Paul Martino, and Richard Melmon are all named in the document.

It’s a step down in size from Bullpen’s first fund, for which the firm targeted a $50 million raise back in December 2010.

We’ve reached out to Bullpen for comment on the new raise and its plans for Bullpen Capital II. We’ll be sure to report back once we receive more details.



Standaard op komst voor opslag HD-films

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Grote filmstudio’s uit Hollywood zullen samen met geheugenfabrikant SanDisk een nieuwe standaard ontwikkelen voor het opslaan van digitale films.

Written by Redactie Emerce

March 1st, 2012 at 6:01 am

SanDisk Acquires FlashSoft To Expand Enterprise Lineup

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Flash memory maker and storage system technologies provider SanDisk announced today that it has acquired FlashSoft, a company focused on caching software products. Going forward, SanDisk will sell FlashSoft’s products both as standalone software, as well as offer them in combination with its other products, including SAS, PCIe and SATA enterprise solutions.

The company says that it expects the acquisition to be neutral to its earnings in 2012 and accretive in 2013, but additional details were not provided.

FlashSoft is currently the maker of software for Flash Virtualization which lets customers increase application performance and virtualization capability while reducing hardware and operational costs. The software is available for Windows, Linux and VMWare platforms.

With SSD-based caching, the most frequently accessed data resides close to the CPU in high-performance memory – this is how it offers the touted performance improvements. For customers, the end result is smaller, more cost effective storage configurations, which, in turn, allows them to deploy more virtual machines per server.

Through the acquisition, SanDisk is moving towards becoming a complete solution provider for enterprise and cloud customers by offering SSD-optimized software, including those from third party providers.



The Nook Tablet Gets Torn Apart For Fun And Profit

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The fine folks over at iFixit just posted their latest trademark teardown guide. This time around the victim is the brand new Nook Tablet. Much like its Kindle counterpart, the low-cost B&N tablet doesn’t hide anything all that surprising. It is, after all, just an upgraded Nook Color.

We won’t spoil all of iFixit’s findings but they found SanDisk memory, Hynix memory and that the pretty 7-inch IPS screen is manufactured by LG. However, the best part of the Nook Tablet’s innards is that the battery is labeled NOOKCOLOR even though the Nook Tablet’s battery life is rated 3.5 hours longer than its predecessor’s. All the glory deets are posted at iFixit.



Written by Matt Burns

November 21st, 2011 at 3:43 pm

7th-gen iPod nano teardown reveals new Apple processor, SanDisk flash

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A teardown of Apple’s seventh generation iPod nano, announced Tuesday, revealed a new Apple processor and a switch to SanDisk flash inside the diminutive music player, but few other internal changes from the previous model.



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Written by AppleInsider

October 7th, 2011 at 3:50 am

SanDisk Memory Zone for Android Provides Device/Cloud File Management

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SanDisk is best known for its flash storage hardware technology. The company is also interested in moving data between flash storage in Android devices and cloud services. SanDisk provides a free Android app to help with this kind of file movement.
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Written by Todd Ogasawara

October 5th, 2011 at 6:27 am

Surprise! Sandisk Is Still Making MP3 Players

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Amazingly, someone is still making MP3 players for the mass market. I’m pleased to present the $70 Sandisk Sansa Clip Zip, a tiny, portable media player that comes in 4 GB and 8 GB varieties (the 4GB model costs $50).

The Clip Zip comes in 7 colors including red, blue, and orange and is compatible with almost any audio format. It also has a microSD slot so you can expand the player to 32 GB. It also has a teeny tiny LCD screen and a simple interface.

Way back in the old days, SanDisk was fairly famous for its fully featured MP3 players but those days are long gone. However, if you’re looking for a simple player for a kid or grandparent this might be the way to go: it’s idiot proof, rugged, and isn’t quite as expensive as a Zune or iPod.

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Written by John Biggs

August 24th, 2011 at 6:47 pm