Boston, MA 02/13/2014 (wallstreetpr) – Micron Technology, Inc. (NASDAQ:MU)’s real strength will be in focus this quarter and the time ahead. The pivotal event, the fire at Hynix’s factory ensured that the oversupply in chips reduced and companies in the segment could get better prices. However, the factory has now restarted. How can Micron deal with it? There are other positive catalysts present. The foremost is the acquisition of Elpida and the resultant expertise the company gained in the mobile segment. This is expected to continue as the mobile segment and particularly the smartphone sub-segment is still seeing growth. The second one is that there has been a consolidation among chipmakers, with fewer players in the field; demand is expected to be divided among lesser numbers. But still Micron Technology, Inc. (NASDAQ:MU) will need to pull up its socks.
NVIDIA Corporation (NASDAQ:NVDA)’s quarterly results beat analyst expectations. The strong results were possible on account of the surge in sales of gaming consoles. Both Microsoft Corp (NASDAQ:MSFT) and Sony Corp (ADR) (NYSE:SNE) launched new versions of their gaming consoles and both were well received by the markets. This ensured that the graphics division could record a 14% increase in revenues. Though the non-GAAP earnings of $0.32 per share showed a decline of 9% on y-on-y basis, analysts were expecting $0.18 per share. Even revenues increased by 3% on y-on-y basis. NVIDIA Corporation (NASDAQ:NVDA) still has to worry about the 37% decline in its mobile Tegra processor line. With mobile sales increasing, this is a cause for worry.
Apple Inc (NASDAQ:AAPL) has to keep inventing itself. The segment is so competitive that if one stands still, he will be overtaken by others. Apple has been toying with new ideas and technologies. The company also has several patents and the net is always buzzing with the latest rumors. The company has dominated the smartphone industry for quite some time but how far can it remain to do so? One product in which the company seems to be moving ahead is a set top box. While not a new idea or product for Apple Inc (NASDAQ:AAPL), there are reports that the company has held talks with Time Warner Cable Inc (NYSE:TWC). This deal will ensure a better content for Apple customers. The talks have been denied by both the parties.
