Earnings Avalanche This Week

**BrilloPad** · 20 July 2009, 18:22

Originally posted by pzz76077 View Post

Earnings Avalanche This Week

So will the markets go north or south??

World demand is still shrinking and money it too tight to mention.

http://money.cnn.com/news/newsfeeds/...2_FORTUNE5.htm

Microsoft Corp, McDonald's Corp, Amazon and American Express are among the stream of companies reporting later in the week.

Will be an interesting week- by Friday, a fairly good indication of the state of the world economy will be public knowledge. On Tuesday, Federal Reserve Chairman Ben Bernanke will head to Capitol Hill to deliver his semiannual testimony to the House Financial Services Committee. Friday will bring revised oil reserve figures.

PZZ

I still believe the worst is not over.

**TykeMerc** · 20 July 2009, 18:28

Originally posted by BrilloPad View Post

I still believe the worst is not over.

I'm inclined to agree.

I'd be delighted to be proven wrong

**pzz76077** · 20 July 2009, 18:29

Originally posted by BrilloPad View Post

I still believe the worst is not over.

Will be very revealing to see what is the cream of tech stock co's report and forecast for the future.

PZZ

**pzz76077** · 20 July 2009, 18:32

Apple report in 90 mins, if they are not making money, then I will be concerned.

Also chip maker Texas Instruments reporting will say a lot about if tech firms are looking to ramp up production any time soon.

PZZ

**pzz76077** · 20 July 2009, 18:34

Breaking news is that Yahoo will make a statement regarding a merger with Microsoft within the hour.

PZZ

**RichardCranium** · 20 July 2009, 20:26

Originally posted by pzz76077 View Post

Breaking news is that Yahoo will make a statement regarding a merger with Microsoft within the hour.

PZZ

Christ, yes. It only broke at least four weeks ago.

**HairyArsedBloke** · 20 July 2009, 23:19

Originally posted by pzz76077 View Post

Apple report in 90 mins, if they are not making money, then I will be concerned.

Also chip maker Texas Instruments reporting will say a lot about if tech firms are looking to ramp up production any time soon.

PZZ

Actually, Tuesday after the close.

Originally posted by pzz76077 View Post

Breaking news is that Yahoo will make a statement regarding a merger with Microsoft within the hour.

PZZ

Latest on this story.

**pzz76077** · 21 July 2009, 06:55

Originally posted by RichardCranium View Post

Christ, yes. It only broke at least four weeks ago.

Latest on the deal is here:http://www.independent.co.uk/news/bu...e-1754578.html

PZZ

**pzz76077** · 21 July 2009, 07:10

Well Mac sales up 6% and overall profits up 10%, not bad in a recession.

http://online.wsj.com/article/BT-CO-...20-714560.html

Also interesting to note that iTunes downloads have now passed the 1.5 billion mark, thats quite a lot of money.

Anothere interesting note sais that iPhone and Blackberry represent 35% of all profit worldwide in the mobile phone market and growing. This would suggest that the writing is on the wall for standard handsets. http://www.guardian.co.uk/technology...kfast-briefing

PZZ
PZZ

Earnings Avalanche This Week