Saturday, April 30, 2011

Week in review: Ancestry.com, Coinstar, iRobot, Microsoft, Netflix report earnings

The following is a roundup of my stories from Investor’s Business Daily at Investors.com and Click, IBD’s tech blog.

Market for medical robots seen growing by two-thirds to $1.3 billion in 2016. Intuitive Surgical is a leader in the space. (April 29, 2011)

Coinstar’s Redbox unit posts huge gain in Q1 and will add video games to its movie rental machines in June. (April 29, 2011)

Ancestry.com’s Q1 results show that genealogy is becoming a big pastime in the U.S. and abroad. (April 29, 2011)

Microsoft’s Q3 financial results are mixed. Consumer PC sales are down, hurting Windows sales. (April 28, 2011)

iRobot turns in solid Q1 results, but its Q2 and full-year guidance disappoint. Shares down nearly 8% today. (April 27, 2011)

Chip designer ARM Holdings easily beat Wall Street’s Q1 forecast thanks to strong smartphone sales.
ARM president tells IBD that licensing is strong. Stock nears a 10-year high. (April 27, 2011)

What did you do in high school? These three teens won this year’s Intel Science Talent Search with some amazing projects. (April 27, 2011)

Netflix beats Wall Street’s Q1 views, but Q2 earnings outlook has bears saying, “Told ya so.” (April 25, 2011)

Netflix might speed up its international expansion. If so, blame Canada. (April 25, 2011)

Altera and Xilinx are benefiting from wireless and fiber optic network buildouts worldwide. (April 25, 2011)

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