Google is winning in education, but Apple and Microsoft are battling for market share

Google, Microsoft and Apple are battling for dominance in classrooms. Apple used to have the most devices in U.S. schools, but Google soared to the top after the release of the Chromebook in 2011. In 2018, Chromebooks made up 60 percent of all laptops and tablets purchased for U.S. K-12 classrooms, up from just 5 percent in 2012. Microsoft is second at 22 percent, followed by Apple, with 18 percent of shipments to U.S. schools in 2018, according to data from Futuresource Consulting. Watch the vi


Google, Microsoft and Apple are battling for dominance in classrooms. Apple used to have the most devices in U.S. schools, but Google soared to the top after the release of the Chromebook in 2011. In 2018, Chromebooks made up 60 percent of all laptops and tablets purchased for U.S. K-12 classrooms, up from just 5 percent in 2012. Microsoft is second at 22 percent, followed by Apple, with 18 percent of shipments to U.S. schools in 2018, according to data from Futuresource Consulting. Watch the vi
Google is winning in education, but Apple and Microsoft are battling for market share Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: katie schoolov
Keywords: news, cnbc, companies, market, winning, education, apple, devices, google, microsoft, battling, classrooms, 2018, share, schools, video, according, k12


Google is winning in education, but Apple and Microsoft are battling for market share

Google, Microsoft and Apple are battling for dominance in classrooms. They all want their devices in the hands of the next generation of consumers.

The U.S. education-tech market is expected to hit $43 billion this year, with much of the growth coming in K-12 education, according to a study by Technavio.

Apple used to have the most devices in U.S. schools, but Google soared to the top after the release of the Chromebook in 2011. In 2018, Chromebooks made up 60 percent of all laptops and tablets purchased for U.S. K-12 classrooms, up from just 5 percent in 2012. Microsoft is second at 22 percent, followed by Apple, with 18 percent of shipments to U.S. schools in 2018, according to data from Futuresource Consulting.

Watch the video to learn how Apple and Microsoft are making moves to change that.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: katie schoolov
Keywords: news, cnbc, companies, market, winning, education, apple, devices, google, microsoft, battling, classrooms, 2018, share, schools, video, according, k12


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Xiaomi shares plunge despite the Chinese tech giant’s earnings beat

Chinese smartphone maker Xiaomi saw its stock swoon during Wednesday trade despite posting a fourth-quarter earnings report that beat expectations the previous day. Xiaomi’s net profit for the fourth quarter more than tripled to 1.85 billion yuan (approx. $276 million), beating the 1.7 billion yuan average estimate of 10 analysts, according to Refinitiv data. Still, revenue for the period increased 27 percent to 44.4 billion yuan, which was lower than the 47.4 billion yuan average estimate of 13


Chinese smartphone maker Xiaomi saw its stock swoon during Wednesday trade despite posting a fourth-quarter earnings report that beat expectations the previous day. Xiaomi’s net profit for the fourth quarter more than tripled to 1.85 billion yuan (approx. $276 million), beating the 1.7 billion yuan average estimate of 10 analysts, according to Refinitiv data. Still, revenue for the period increased 27 percent to 44.4 billion yuan, which was lower than the 47.4 billion yuan average estimate of 13
Xiaomi shares plunge despite the Chinese tech giant’s earnings beat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: eustance huang, josep lago, afp, getty images
Keywords: news, cnbc, companies, yuan, smartphone, chinese, earnings, plunge, billion, tech, successful, beat, reason, 2018, shares, refinitiv, according, revenue, despite, xiaomi, giants


Xiaomi shares plunge despite the Chinese tech giant's earnings beat

Chinese smartphone maker Xiaomi saw its stock swoon during Wednesday trade despite posting a fourth-quarter earnings report that beat expectations the previous day.

In Wednesday’s trading session in Hong Kong, shares of Xiaomi dropped 4.59 percent.

That move came a day after Xiaomi announced quarterly earnings that bested expectations. That’s despite 2018 being the “worst year ever for smartphone shipments,” according to market research company IDC, with tech heavyweights such as Apple and Samsung Electronics all warning of weakening sales.

Xiaomi’s net profit for the fourth quarter more than tripled to 1.85 billion yuan (approx. $276 million), beating the 1.7 billion yuan average estimate of 10 analysts, according to Refinitiv data.

Still, revenue for the period increased 27 percent to 44.4 billion yuan, which was lower than the 47.4 billion yuan average estimate of 13 analysts, according to Refinitiv data.

In an interview with CNBC’s “Squawk Box” ahead of the market open on Wednesday, Xiaomi CFO Shou Zi Chew attributed the company’s fourth-quarter performance to keeping efficiency at “a very high level.”

“Our entire operating expense for the year 2018 was still below 10 percent of our revenue and what we have done is, you know, we kept forcing ourselves to be more efficient as a company and return the savings to our users,” Chew said. “This is the reason why we were successful in 2018 and this is the reason why we will be successful going into the future.”


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: eustance huang, josep lago, afp, getty images
Keywords: news, cnbc, companies, yuan, smartphone, chinese, earnings, plunge, billion, tech, successful, beat, reason, 2018, shares, refinitiv, according, revenue, despite, xiaomi, giants


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Beto O’Rourke received backing from big tech in 2018 – that could be a blessing and a curse for 2020

Likewise, perceived coziness with big tech could pose political risks with rising bipartisan calls to crack down on and regulate the industry. Chris Espinosa, who was designated Apple’s eighth employee after the company was founded in the 1970s, gave O’Rourke $2,700. Apple employees gave O’Rourke’s campaign just over $90,000 during the 2018 campaign. O’Rourke himself was once involved in the tech industry, having founded the internet services and software company Stanton Street Technology Group.


Likewise, perceived coziness with big tech could pose political risks with rising bipartisan calls to crack down on and regulate the industry. Chris Espinosa, who was designated Apple’s eighth employee after the company was founded in the 1970s, gave O’Rourke $2,700. Apple employees gave O’Rourke’s campaign just over $90,000 during the 2018 campaign. O’Rourke himself was once involved in the tech industry, having founded the internet services and software company Stanton Street Technology Group.
Beto O’Rourke received backing from big tech in 2018 – that could be a blessing and a curse for 2020 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: brian schwartz, joshua lott, bloomberg, getty images
Keywords: news, cnbc, companies, 2018, 2020, democratic, donors, gave, campaign, backing, orourkes, support, beto, blessing, received, industry, tech, big, curse, orourke


Beto O'Rourke received backing from big tech in 2018 – that could be a blessing and a curse for 2020

Beto O’Rourke enjoyed strong support from tech industry workers and executives during his ultimately unsuccessful U.S. Senate campaign last year in Texas, which could give the breakout Democratic star a fundraising edge over his primary opponents as he seeks to challenge President Donald Trump in 2020.

Yet, it will likely be a point of contention for the new campaign.

O’Rourke – who announced Monday that he raked in a record $6.1 million in the first 24 hours of his 2020 campaign – and several of his Democratic rivals have made it a point to distance themselves from corporate money. Likewise, perceived coziness with big tech could pose political risks with rising bipartisan calls to crack down on and regulate the industry.

During his shockingly close loss to Republican Sen. Ted Cruz in deep red Texas, O’Rourke raised tens of millions of dollars, much of it from so-called small donors, or people who give $200 or less. As the Democratic former congressman touted his success among smaller donors, while rejecting money from corporations and super PACs, he also reaped the benefits from bigger-dollar donors, such as executives and employees from major tech companies such as Apple, Facebook and Amazon.

Amazon’s top spokesman, Jay Carney, gave $1,500 directly to the O’Rourke campaign. Carney previously served as White House press secretary to President Barack Obama, to whom O’Rourke has been compared. Brian Olsavsky, the company’s financial chief, wrote a check for $2,700 to O’Rourke’s 2018 campaign, which is the most an individual can give in an election. Amazon employees, overall, gave $75,751 to his campaign.

O’Rourke finished the 2018 campaign having raised $80 million, with 45 percent coming from small donors. The rest came from people giving more than $200, including important players at Facebook and Apple.

Chris Espinosa, who was designated Apple’s eighth employee after the company was founded in the 1970s, gave O’Rourke $2,700. Apple employees gave O’Rourke’s campaign just over $90,000 during the 2018 campaign.

Alex Stamos, who was Facebook’s chief security officer until August, also gave $2,700 to O’Rourke’s campaign. Stamos told CNBC that he has not decided whom to support among the Democratic field. But he did say he is advising campaigns on cybersecurity in the wake of Russia’s interference and hacking during the 2016 cycle.

“One of the great benefits of not being a professional political operative is that I don’t have to pick sides 20 months before the general election,” Stamos said. “I’ve been trying to be helpful to multiple Democratic campaigns, and right now my focus is on helping them get their campaign technology stacks set up in a secure manner.”

He declined to name the campaigns he’s helping.

It is also not clear whether Carney, Olsavsky or Espinosa would support O’Rourke during the 2020 campaign. Representatives from Facebook, Amazon and Apple did not return repeated requests for comment. A spokesman for O’Rourke did not return an email seeking comment.

O’Rourke’s 2020 campaign has yet to announce how much of his recent $6.1 million haul came from smaller donations. The Texas Democrat has repeatedly said his campaign will not be financed by political action committees, corporations or special interests. In the run-up to O’Rourke’s first big fundraising splash of the presidential campaign, Louis Susman, a bundler for Obama, had been privately making calls to “family and friends” to coax support for O’Rourke, he told CNBC last week.

O’Rourke himself was once involved in the tech industry, having founded the internet services and software company Stanton Street Technology Group. Up until the middle of 2017, his wife, Amy, ran the business, which is based in their home city of El Paso. A recent Reuters report, meanwhile, revealed that O’Rourke was involved decades ago with America’s oldest hacking group, the Cult of the Dead Cow.

Support from people in the tech industry could have downsides for O’Rourke as several of his rivals have taken aim at Silicon Valley.

Sen. Elizabeth Warren, for instance, has called for the breakup of big firms, such as Google and Apple.

“Today’s big tech companies have too much power — too much power over our economy, our society, and our democracy. They’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation,” she said in a blog post.

Another 2020 Democratic candidate, Sen. Amy Klobuchar, has called for tighter regulations on tech companies. Trump himself has attacked Amazon and Google.

O’Rourke has yet to cite specific policy stances on regulating the tech industry.


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: brian schwartz, joshua lott, bloomberg, getty images
Keywords: news, cnbc, companies, 2018, 2020, democratic, donors, gave, campaign, backing, orourkes, support, beto, blessing, received, industry, tech, big, curse, orourke


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Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend

“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital


“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital
Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


Generali beats 2018 targets despite 'challenging' Italian market, raises dividend

Europe’s third-largest insurer said it would pay a dividend of 0.90 euros per share, up from the previous year’s 0.85 euros.

When it came to a potential European slowdown in 2019, however, Donnet said Generali was not concerned. He explained that people sought out the solutions Generali provided whether the economy was booming or lagging.

“Our business is very resilient, because when people do invest and the economy is growing, the property and casualty business is growing,” he said. “But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.”

However he noted heavy competition in its domestic market, especially with motor insurance, adding that it was “challenging.”

“In Italy and France, by the way, we had to face very important claims … which obviously had a significant impact on the operating result,” he added.

Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors.

“(Investors) do not struggle any more on this — we have demonstrated that we have a strong capital position. We have further increased our solvency ratio by 9 percentage points, so our exposure to BTPs is no longer an issue,” he told CNBC.

Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia.

Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. The headline has also been changed on this story to more accurately reflect Generali’s earnings release.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


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California leads the way as US installs more than 10 gigawatts of solar power in 2018

The U.S. installed 10.6 gigawatts (GW) of solar photovoltaic capacity in 2018, according to a new report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). Photovoltaic refers to a way of directly converting light from the sun into electricity. “The total amount of solar installed in America is on track to more than double in the next five years, proving solar’s resiliency and its economic strength,” she said. The SEIA said that, for the U.S., total instal


The U.S. installed 10.6 gigawatts (GW) of solar photovoltaic capacity in 2018, according to a new report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). Photovoltaic refers to a way of directly converting light from the sun into electricity. “The total amount of solar installed in America is on track to more than double in the next five years, proving solar’s resiliency and its economic strength,” she said. The SEIA said that, for the U.S., total instal
California leads the way as US installs more than 10 gigawatts of solar power in 2018 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: anmar frangoul, george rose, getty images news, getty images
Keywords: news, cnbc, companies, installed, gw, capacity, photovoltaic, total, gigawatts, power, hopper, 2018, way, leads, installs, solar, california


California leads the way as US installs more than 10 gigawatts of solar power in 2018

The U.S. installed 10.6 gigawatts (GW) of solar photovoltaic capacity in 2018, according to a new report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA).

This represents a 2 percent drop compared to 2017. In a statement Wednesday, the SEIA’s president and CEO, Abigail Ross Hopper, said the solar industry had experienced “growing pains in 2018” that were caused, in large part, by the imposition of tariffs on solar cells and modules. Photovoltaic refers to a way of directly converting light from the sun into electricity.

Ross Hopper went on to add that there was nevertheless reason for optimism. “The total amount of solar installed in America is on track to more than double in the next five years, proving solar’s resiliency and its economic strength,” she said. “It’s clear, this next decade is going to be one of significant growth.”

The SEIA said that, for the U.S., total installed photovoltaic capacity was expected to increase by 14 percent this year, with yearly installations hitting 15.8 GW in 2021.

Breaking the figures down by state, California once again led the way, installing over 3.3 GW of capacity, followed by Texas and North Carolina, which installed almost 996 and 907 megawatts respectively.

The U.S. is now home to over 64 GW of installed capacity, which is enough to power more than 12 million homes.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: anmar frangoul, george rose, getty images news, getty images
Keywords: news, cnbc, companies, installed, gw, capacity, photovoltaic, total, gigawatts, power, hopper, 2018, way, leads, installs, solar, california


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Rep. Maxine Waters calls Wells Fargo CEO’s $2 million bonus outrageous, calls for his removal

Rep. Maxine Waters, the California Democrat who runs the powerful House Financial Services Committee, called for the removal of Wells Fargo CEO Tim Sloan after news that he received a $2 million bonus as part of his 2018 pay package. The San Francisco-based bank disclosed Sloan’s compensation late Wednesday, revealing that the executive got a 5 percent increase in total pay to $18.4 million, including the $2 million bonus, for his work in 2018. “It is outrageous and wholly inappropriate that the


Rep. Maxine Waters, the California Democrat who runs the powerful House Financial Services Committee, called for the removal of Wells Fargo CEO Tim Sloan after news that he received a $2 million bonus as part of his 2018 pay package. The San Francisco-based bank disclosed Sloan’s compensation late Wednesday, revealing that the executive got a 5 percent increase in total pay to $18.4 million, including the $2 million bonus, for his work in 2018. “It is outrageous and wholly inappropriate that the
Rep. Maxine Waters calls Wells Fargo CEO’s $2 million bonus outrageous, calls for his removal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: hugh son, adam jeffery
Keywords: news, cnbc, companies, removal, work, ceos, wells, bank, waters, million, 2018, calls, pay, sloan, rep, wholly, maxine, bonus, outrageous, fargo


Rep. Maxine Waters calls Wells Fargo CEO's $2 million bonus outrageous, calls for his removal

Rep. Maxine Waters, the California Democrat who runs the powerful House Financial Services Committee, called for the removal of Wells Fargo CEO Tim Sloan after news that he received a $2 million bonus as part of his 2018 pay package.

The San Francisco-based bank disclosed Sloan’s compensation late Wednesday, revealing that the executive got a 5 percent increase in total pay to $18.4 million, including the $2 million bonus, for his work in 2018.

“It is outrageous and wholly inappropriate that the bank has rewarded Mr. Sloan with a $2 million bonus for 2018,” Waters said in an emailed statement. She pointed out that last year, “federal regulators and authorities capped the bank’s growth and fined the bank more than $3 billion for offenses such as improperly charging customers auto insurance and mortgage fees.”


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: hugh son, adam jeffery
Keywords: news, cnbc, companies, removal, work, ceos, wells, bank, waters, million, 2018, calls, pay, sloan, rep, wholly, maxine, bonus, outrageous, fargo


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If you invested $1,000 in IBM 10 years ago, here’s how much you’d have now

IBM has proven to be an enduringly successful company. If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019. IBM actually under-performed the S&P 500. CNBC: IBM stock as of Mar. 12, 2019The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items.


IBM has proven to be an enduringly successful company. If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019. IBM actually under-performed the S&P 500. CNBC: IBM stock as of Mar. 12, 2019The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items.
If you invested $1,000 in IBM 10 years ago, here’s how much you’d have now Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: shawn m carter, brendan mcdermid
Keywords: news, cnbc, companies, 2018, strategic, heres, stock, growth, earnings, sp, 2019, company, invested, ago, youd, billion, 1000, ibm


If you invested $1,000 in IBM 10 years ago, here's how much you'd have now

IBM has proven to be an enduringly successful company. Originally founded as the Computing-Tabulating-Recording Company way back in 1911, it adopted its current name in 1924, and in 2018 it still ranked in the top 20 on Forbes’ list of the world’s most valuable brands, with a value of $32.1 billion.

If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019.

IBM actually under-performed the S&P 500. Its total return since 2009 was just slightly above 102 percent. In the same 10-year time frame, the S&P was up more than 270 percent. Any individual stock can over- or under-perform, and past returns do not predict future results.

The company has been on an upswing in 2019: It started the year strong by beating earnings estimates and reporting better-than-expected full-year guidance. That’s in part due to its largest business segment, Technology Services and Cloud Platforms, which brought in $8.9 billion in revenue at the end of 2018, followed by its next largest segments, Cognitive Solutions, and Global Business Services, which posted revenues of $5.5 billion and $4.15 billion, respectively.

CNBC: IBM stock as of Mar. 12, 2019

The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items. This year, it’s looking to generate at least $13.90 in earnings per share.

Revenue did fall in 2018 compared with 2017, however, per a company statement. And there are some lingering concerns about the market in general after Federal Reserve Chairman Jerome Powell announced the agency would be “patient” in determining future interest rate hikes.

As the Fed adjusts monetary policy based on economic growth, some investors have been wary about how it might affect market prospects, IBM chief executive officer Ginni Rometty said last month on CNBC’s “Squawk on the Street.” While the markets did tick up a bit following the announcement, she said, confidence has remained mostly flat.

Overall, IBM’s stock is up about 20 percent for the year so far in 2019, and some analysts are optimistic: “We believe the ongoing growth of the Strategic Imperatives unit will return IBM to organic growth in 2019 despite … currency headwinds,” read a note from markets firm Nomura Instinet from early this year. Strategic Imperatives are the company’s key offerings, including social, mobile, analytics and cloud.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: shawn m carter, brendan mcdermid
Keywords: news, cnbc, companies, 2018, strategic, heres, stock, growth, earnings, sp, 2019, company, invested, ago, youd, billion, 1000, ibm


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If you invested $1,000 in IBM 10 years ago, here’s how much you’d have now

IBM has proven to be an enduringly successful company. If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019. IBM actually under-performed the S&P 500. CNBC: IBM stock as of Mar. 12, 2019The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items.


IBM has proven to be an enduringly successful company. If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019. IBM actually under-performed the S&P 500. CNBC: IBM stock as of Mar. 12, 2019The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items.
If you invested $1,000 in IBM 10 years ago, here’s how much you’d have now Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: shawn m carter, brendan mcdermid
Keywords: news, cnbc, companies, 2018, strategic, heres, stock, growth, earnings, sp, 2019, company, invested, ago, youd, billion, 1000, ibm


If you invested $1,000 in IBM 10 years ago, here's how much you'd have now

IBM has proven to be an enduringly successful company. Originally founded as the Computing-Tabulating-Recording Company way back in 1911, it adopted its current name in 1924, and in 2018 it still ranked in the top 20 on Forbes’ list of the world’s most valuable brands, with a value of $32.1 billion.

If you invested in IBM 10 years ago, you would have made a profit, although not a very noteworthy one: According to CNBC calculations, a $1,000 investment in 2009 would be worth about $2,000 as of March 12, 2019.

IBM actually under-performed the S&P 500. Its total return since 2009 was just slightly above 102 percent. In the same 10-year time frame, the S&P was up more than 270 percent. Any individual stock can over- or under-perform, and past returns do not predict future results.

The company has been on an upswing in 2019: It started the year strong by beating earnings estimates and reporting better-than-expected full-year guidance. That’s in part due to its largest business segment, Technology Services and Cloud Platforms, which brought in $8.9 billion in revenue at the end of 2018, followed by its next largest segments, Cognitive Solutions, and Global Business Services, which posted revenues of $5.5 billion and $4.15 billion, respectively.

CNBC: IBM stock as of Mar. 12, 2019

The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items. This year, it’s looking to generate at least $13.90 in earnings per share.

Revenue did fall in 2018 compared with 2017, however, per a company statement. And there are some lingering concerns about the market in general after Federal Reserve Chairman Jerome Powell announced the agency would be “patient” in determining future interest rate hikes.

As the Fed adjusts monetary policy based on economic growth, some investors have been wary about how it might affect market prospects, IBM chief executive officer Ginni Rometty said last month on CNBC’s “Squawk on the Street.” While the markets did tick up a bit following the announcement, she said, confidence has remained mostly flat.

Overall, IBM’s stock is up about 20 percent for the year so far in 2019, and some analysts are optimistic: “We believe the ongoing growth of the Strategic Imperatives unit will return IBM to organic growth in 2019 despite … currency headwinds,” read a note from markets firm Nomura Instinet from early this year. Strategic Imperatives are the company’s key offerings, including social, mobile, analytics and cloud.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: shawn m carter, brendan mcdermid
Keywords: news, cnbc, companies, 2018, strategic, heres, stock, growth, earnings, sp, 2019, company, invested, ago, youd, billion, 1000, ibm


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Tencent shares slowly recover this year after taking a hit in 2018

Tencent had a tough 2018. Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year. Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost sh


Tencent had a tough 2018. Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year. Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost sh
Tencent shares slowly recover this year after taking a hit in 2018 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: arjun kharpal, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, yearlong, value, 2018, wiped, video, chinese, week, shares, tencent, yearbeijing, valuable, slowly, taking, hit, recover


Tencent shares slowly recover this year after taking a hit in 2018

Tencent had a tough 2018.

Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. This year, however, is looking up for Asia’s most valuable technology firm.

Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year.

Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost shares of the Chinese internet giant.


Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: arjun kharpal, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, yearlong, value, 2018, wiped, video, chinese, week, shares, tencent, yearbeijing, valuable, slowly, taking, hit, recover


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Tencent shares slowly recover this year after taking a hit in 2018

Tencent had a tough 2018. Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year. Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost sh


Tencent had a tough 2018. Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year. Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost sh
Tencent shares slowly recover this year after taking a hit in 2018 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: arjun kharpal, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, recover, chinese, tencent, taking, 2018, video, hit, wiped, yearlong, yearbeijing, valuable, week, value, slowly, shares


Tencent shares slowly recover this year after taking a hit in 2018

Tencent had a tough 2018.

Over $127 billion was wiped off the value of its shares as Chinese regulators clamped down on the video gaming industry, hitting one of the company’s main businesses. This year, however, is looking up for Asia’s most valuable technology firm.

Shares of Tencent hit a more-than six-month high last week and are more than 10 percent higher so far this year.

Beijing restarted approvals for video games in December after a nearly year-long hiatus. That, along with strong performances from Tencent’s big name titles and new entrants, has helped boost shares of the Chinese internet giant.


Company: cnbc, Activity: cnbc, Date: 2019-03-11  Authors: arjun kharpal, qilai shen, bloomberg, getty images
Keywords: news, cnbc, companies, recover, chinese, tencent, taking, 2018, video, hit, wiped, yearlong, yearbeijing, valuable, week, value, slowly, shares


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