Stocks

Techs Rising: TZOO, AAPL, SIRI

Travelzoo inc., (NasdaqGS: TZOO ) had declared Q1 to which surprised analysts who were expecting EPS of 27 cents and the actual EPS was 37 cents. This more than expected revenues are due to increase in subscribers base by 1 million. In all the company’s  subscribers base has increased to 19.9 millions.

The company, Travelzoo offers traveling coupons and tickets via internet through various websites. Based on the news Travelzoo shares rose by 28 and 6.9 percent in the last two  trading session and touched 100.72.

The net income the company posted was $6 million and revenues were $37 million. The company focuses its business in the North American and Europe.

Apple Inc. (Public, NASDAQ:AAPL)

Beats analysts estimates by posting an earnings of $6.40 (EPS) and analysts were expecting EPS to be  $5.37. This is surprised the markets and the stock more traded more than 10% in the last 3 trading sessions. This is due to record sales of iPhone and Macs. Total sales revenue of the company were $24.67 billion which is 83% higher as compared to its last years same quarter.

Apple competitors Google’s android is facing many patent problems and this has given the investors to buy more apples. Apple has recently launched much advanced and talked about  iPhone 4 and these white phones are available in the markets now.

Apples more than expected quarterly results have given impetus for the tech sector to rise compared to the previous quarters growth.

SiriusXM Radio inc., (Nasdaq: SIRI )

Sirius may beat or meet the analyst expectations when its declares its q1 results but the guidance for its next quarters is very crucial. The Japan –effect may not impact this quarter but surely the next quarters and market is expecting a very cautious guidance from the management.

In another news Sirius XM’s competitor SWCast’s Internet Radio Service was forcefully shut down by the SOUNDEXCHANGE which is non-profit performance rights exchange which collects royalties for airing music. This is in a way good news for the investors of  Sirius XM.

SiriusXM is America’s satellite radio company.  SiriusXM broadcasts more than 135 satellite radio channels of commercial-free music, news, talk, entertainment, traffic, weather, and data services to its 20.2 million subscribers. SiriusXM programming is available on more than 800 devices, including pre-installed and after-market radios in cars, trucks, boats and aircraft, smartphones and mobile devices, Apple, BlackBerry and Android-powered mobile devices and consumer electronics products

Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell any stock mentioned in this report at any time after this post.

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Ifham khan

Ifham Khan is an experienced Blogger, SEO expert, Graphic Designer and Founder of tech24 and Co-founder of MashinMedia. He has in depth knowledge in Technology, Gadgets and sports. Currently working as a Editor in Tech24 and lead designer in MashinMedia.

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