SiRF Technology (Nasdaq: SIRF) got hit hard today after a nice little run the last few days. According to this unconfirmed story in TheStreet.com, Apple (Nasdaq: AAPL) will be releasing a GPS capable 3g iPhone early next year using a competitors GPS chip.
The GPS chips will be provided by Global Locate which was recently acquired by […]
GPS chipmaker SiRF Technology Holdings (Nasdaq: SIRF) reported 2nd quarter earnings on Tuesday. The stock has gone down from the mid 23 range to now mid 19’s since the earnings.
Here are the highlights:
Net Revenues for the 2Q were 70.6 million - Increase of 23.4% YoY.
Gross Margins declined to 54.6% from 56.3% a year […]
My first day back from vacation and the market takes its biggest hit in six years. Some of my high fliers such as Suntech Power (NYSE: STP) and FuelTech (Nasdaq: FTEK) have taken a big time beating. Suntech Power has gotten the worst of it being a Chinese company. What this downturn […]
Apple Inc. (Nasdaq: AAPL) made a big splash today at the Consumer Electronic Show (CES) with the introduction of the iPhone. If you still haven’t seen the iPhone you have no idea what you are missing. You can see the engadget coverage here. The iPhone is good enough to make a […]
GPS chip maker SiRF Technology (Nasdaq: SIRF) got beaten up pretty bad today. The stock went down 11.46% to end the session at $26.20. This is a stock I own and wrote positively about in the past.
What happened?
Jefferies & Co. analyst Adam Benjamin speculated that SiRF may have lost business with TomTom One […]
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