Saturday, January 26, 2013

Week Ahead: Apple Earnings, Housing Data


Earnings reports will browbeat subsequent week’s mercantile calendar, not slightest Apple’s (NASDAQ: AAPL) quarterly formula that could establish a instruction of that company’s stock.
All U.S. bonds markets are sealed on Monday for a Martin Luther King Jr. holiday.
Apple will news on Wednesday and investors will be looking for another record-breaking quarter. So will analysts, a infancy of whom trust a Cupertino, Calif.-based tech and consumer gadgets association had a best entertain ever.
Apple’s batch has been slipping in new weeks, descending good subsequent a all-time high of $705 available in September. The batch sealed down $2.68 on Friday during $500.
Analysts contend a association will need another blowout entertain to get that ceiling movement operative again.
A sum of eleven components of a Dow Jones Industrial normal will be reporting.
Among a bellwether companies scheduled to news subsequent week embody Google (NASDAQ: GOOG), Travelers (NYSE: TRV), Johnson Johnson (NYSE: JNJ) and Verizon Communication (NYSE: VZ) on Tuesday;  McDonald’s (NYSE: MCD) and Netflix (NASDAQ: NFLX) on Wednesday; ATT (NYSE: T), Bristol-Myers Squibb (NYSE: BMY)  and Microsoft (NASDAQ: MSFT) on Thursday.
Also due subsequent week is housing data, including a news on Tuesday associated to existent homes sales for December. Sales of previously-owned homes rose in Nov to a top turn in 3 years.
And on Friday monthly new home sales for Dec is due. New home sales were also adult in November, a top in dual years.

Moving a Small Business Community Forward





Just like President Barack Obama campaigned on relocating a republic forward, America’s tiny business village stands prepared for a strong devise that moves them forward. We see signs of this already: It has been a good week for America’s smallest businesses as Washington stepped adult and will yield a new IRS filing choice for a home bureau taxation deduction. Beginning with a 2013 taxation season, those who have a home bureau will be liberated from stuffing out a severe IRS home bureau taxation reduction that even a IRS suggests will take 44 hours to complete. As my colleague, Keith Hall, recently blogged, “Sometimes, only sometimes, Washington gets something right!”
The new 113th Congress immediately faced hurdles ducked by a predecessor, including many big-ticket mercantile equipment from appropriation a sovereign supervision to lifting a debt extent to sequestration. And notwithstanding an eleventh hour understanding on avoiding a mercantile precipice late final year, Americans will still see their taxes go adult with a death of a payroll taxation holiday and new health caring remodel law taxes. It’s not startling that many tiny business households continue to be changeable about their futures since of both a gridlock in Washington and a solemnly rebuilding economy.
As a republic prepares for a presidential inauguration, a bulletin of a smallest businesses — a self-employed and micro-businesses — contingency sojourn a high priority. As a mercantile engine of a country, tiny businesses yield a fuel that keeps a economy running. In further to a new IRS filing option, there are a series of pivotal policies Congress and a boss could immediately take movement on that would assistance a self-employed and micro-businesses. For instance, return a self-employment taxation reduction on health insurance, enhance Health Reimbursement Arrangements to concede self-employed business owners to accept a same advantage as employees, and titillate states to exercise Self-Employment Assistance programs as partial of their pursuit training and work mandate for stagnation benefits.









Moving brazen means policies like these that concede for new business expansion and assistance stream business owners keep their doors open and expand. The bottom line: They have combined a pursuit for themselves and as a result, are contributing to a economy by taxation revenue, pursuit origination and innovation. It’s simply not adequate to use them as props in a speech; they need to be upheld with genuine policies that assistance them pierce forward.
President Obama will take a promise of bureau during a time when many Americans have tiny or no faith in a ability of a lawmakers to put their differences aside and come together for a good of a country. This is positively no opposite for a nations’ self-employed who all too mostly see their issues left on a slicing room floor. Our country’s entrepreneurs simply can’t means 4 some-more years of bipartisan contention and inaction.
As we postponement to applaud a democracy, a members and millions of tiny businesses opposite America — like many Americans — anxiously wait a future. Their summary to President Obama and Congress is clear: Mr. President and Members of Congress, now is a time for problem-solving, not domestic posturing. Now is a time for we to make a tough decisions as we do each day to grow a business, support a families and minister to a communities. Now is a time for we to do a pursuit we inaugurated we to do — to reconstruct a economy and strengthen a nation. Then, we will pierce brazen together as a nation.

Intel CEO: The PC is shape-shifting into a tablet




In a arise of stating diseased increase today, Intel CEO Paul Otellini couldn’t repeat adequate that “radical” new PC designs will subsume a inscription experience.
Here are some of Otellini’s comments that advise that Intel and a PC partners are aggressively going after the
tablet marketplace with newfangled
Windows 8 devices. Most of these comments came in response to analysts’ questions.
Radical transformation:
We are in a midst of a radical mutation of a computing knowledge with a blurring of form factors and adoption of new user interfaces. It’s no longer required to select between a PC and a tablet. Convertibles and detachables total with Windows 8 and hold yield a 2-for-1, no-compromise computing experience.”
‘Haswell’ afterwards ‘Broadwell’ expostulate radical new designs:
In a initial entertain we launch Haswell. The singular largest generation-to-generation battery life alleviation in Intel history…We have a line of steer into what a business are conceptualizing around Haswell, that is this year’s innovative Core [processor] product, and Broadwell, that is subsequent year’s. I’ve seen a prototypes of a industrial designs. They’re unequivocally sparkling products. Our business have not had this turn of opening in this kind of form cause before. 10-plus-inch [screen size] forms of product are going to be some-more classical PC turn of performance, enabled by these convertible, detachable form factors that will usually get thinner when Haswell and Broadwell come on.
Competition from ARM:
We’ve looked during a [new] A15 [ARM chip]. We know a possess silicon in terms of Bay Trail and Clover Trail+ and we’re really gentle we can say a opening lead here. These inclination are simply apropos really tiny computers, and that’s what Intel is well-developed at.
Note: Clover Trail+ is Intel’s ascent of a Clover Trail Atom chip used in now shipping tablets. That comes after in a initial half. Bay Trail is a finish redesign of a Atom processor, slated for late this year.
Foundry business: Would not capacitate a competitor:
We are really meddlesome in being a comparison foundry manufacturer for certain customers. We don’t see ourselves as a general-purpose foundry or competing with general-purpose foundries. We would not take business that enables a competitor. We have a crawl-walk-run strategy. We’re still in a yield stage.
Note: A chip foundry is a agreement manufacturer of chips for other companies. Taiwan Semiconductor Manufacturing Company (TSMC) now is deliberate a largest general-purpose foundry. There was a gossip now that Cisco was now an Intel foundry customer. Otellini did not criticism on a rumor.

Bucket from Osprey smashes by roof of business nearby Marine base








Marine officials are questioning an occurrence in that a five-gallon bucket fell from an Osprey aircraft and crushed by a roof of a business nearby a Miramar Marine Corps Air Station in San Diego.
The bucket apparently fell Wednesday night when a business, a automobile restoration firm, was closed. The hole in a roof was detected Thursday. No one was injured.
Marine officials on Thursday went to a business to consult a repairs and start last restitution. Hazardous-materials specialists from a San Diego Fire-Rescue Dept. examined a repairs and dynamic a glass was not dangerous.

Terry Lee, Utah Business Owner, Says Obamacare Forced Firings; Obama …




A business owners in Utah has turn a latest employer to censure President Obama’s health caring remodel check for layoffs and has doubled down on his open contempt for a stream administration by revelation he singled out Obama supporters.
Terry Lee, owners of Cedar City-based Terry Lee Forensics, told a Salt Lake Tribune that he was so tender by a Vernal, Utah, smoothie bar’s process of seeking magnanimous congregation to compensate more, that he, too, took movement to replenish waste he pronounced were incurred by Obamacare.
George Burnett, owners of we Love Drilling Smoothie Juice Bar, pronounced recently he is seeking magnanimous business to compensate an additional dollar for their beverages.
Lee posted a commiserating criticism on The Tribune’s smoothie bar story this week:
Love it. We had to let dual employees go to cover new Obongocare [sic] costs and increasing taxes. Found dual Obongo supporters and gave them a news yesterday. They wanted a simpleton in a Whitehouse [sic], they reap a benefits.
When contacted by a paper, Lee pronounced it was ideally within his rights as owners to take an employee’s domestic leanings into comment during employing and banishment deliberations. The Tribune reliable that this was in fact a case.
AOL Jobs records that many employees in a United States can be dismissed for any reason, incompatible matters regarding to a employee’s race, color, religion, sex or inhabitant origin. California, New York, Connecticut, Colorado and Mississippi are a usually states that have additional laws prohibiting firings formed on domestic affiliation.
In November, a CEO in Las Vegas, Nev., done inhabitant headlines when he dismissed 22 of his 114 employees as a approach outcome of Obama’s reelection. The pierce — technically authorised — was a pointer that “elections have consequences,” a CEO said.
Meanwhile, Burnett’s smoothie markup calls to mind comments done by Papa John’s CEO John Schnatter, who claimed Obamacare would cost a association some-more per pizza and competence even lead to firings.

Monday, January 21, 2013

Fresh twist to the DNA story signals major cancer breakthrough

But now researchers have found that human DNA can naturally wrap itself into a different shape – a quadruple helix – in a breakthrough that could point the way to new cancer treatments.
The new structure, which is composed of four strands wrapped around each other, was confirmed by scientists from Cambridge University – the place where Crick and Watson made their famous discovery.
The quadruple DNA helix appears to be more common in cells that are rapidly dividing, indicating that it could be important in determining whether or not a cell becomes cancerous.
Professor Shankar Balasubramanian, who led the study published in the journal Nature Genetics, said: “It is quite a distinct structure to the double helix. It’s a beautiful four-stranded helix that we know little about, but we are convinced it exists naturally.
“The quadruple helix DNA structure may well be the key to new ways of selectively inhibiting the proliferation of cancer cells. The confirmation of its existence in human cells is a real landmark.
“We are seeing links between trapping the quadruplexes with molecules and the ability to stop cells dividing, which is hugely exciting. The research indicates that quadruplexes are more likely to occur in genes of cells that are rapidly dividing, such as cancer cells.”
The DNA double helix was one of the greatest discoveries in science because it laid the foundations for understanding how genetic information is passed from one generation to the next, and how this information controls the biochemistry of the body.
Although scientists had known that DNA could form other unusual structures in the laboratory under artificial conditions, this is the first time that scientists have been able to show that it also forms a quadruple helix within living human cells.
Dr Julie Sharp, the senior science information officer at Cancer Research UK, which helped fund the work, said: “It’s been 60 years since its structure was solved but work like this shows us that the story of DNA continues to twist and turn

This research further highlights the potential for exploiting these unusual DNA structures to beat cancer. The next part of the pipeline is to figure out how to target them in tumour cells.”
The huge DNA molecule contains all the genetic information necessary to make a human being, encoded in the sequence of four chemical units or “bases”, abbreviated as C, G, A and T, that make up the primary molecular structure of the chromosomes.
Professor Balasubramanian and his colleagues discovered that when there is a high proportion of the guanine base, the G unit, the double helix breaks down into the quadruple form, which forms a tight knot within the DNA molecule.
When the scientists used small drug-like molecules to trap these quadruplex structures, they discovered that they could interfere with the process of cell division, suggesting that the quad helix is somehow involved in the replication of cells – and hence the uncontrolled replication seen in cancers.
“We have found that by trapping the quadruplex DNA with synthetic molecules we can sequester and stabilise them, providing important insights into how we might grind cell division to a halt,” Professor Balasubramanian said. “There is a lot we don’t know yet. One thought is that these quadruplex structures might be a bit of a nuisance during DNA replication, like knots or tangles that form… The possibility that particular cells harbouring genes with these motifs can now be targeted, and appear to be more vulnerable to interference than normal cells, is a thrilling prospect.”
Shankar Balasubramanian was born in Madras (now Chennai), India, in 1966 and came to Britain with his parents a year later. He grew up just outside Runcorn in Cheshire where he attended local schools.
He graduated from Cambridge University in 1988 and stayed on to do his PhD. He is now the Herchel Smith Professor of Medicinal Chemistry and also works at the Cambridge Research Institute – a collaboration between the university and the charity Cancer Research UK. He was elected a Fellow of the Royal Society last year.

Apple results could show high-flying profits have succumbed to gravity

Apple prefers surprises. Speculation – often informed – is always rife before the company makes its latest announcements, but the computer giant itself never comments. On Wednesday, Apple boss Tim Cook may have another surprise in store, although it has been predicted by many – the tech firm’s first decline in profits for nine years.
Things have been difficult for Apple recently. Its shares have lost 20% in the last three months and they closed on Friday at $500, down from an all-time high of $705.07 when the iPhone 5 launched last September.
Shares in Apple have been largely on the slide since that launch, marred by an unpopular decision to drop Google Maps for the company’s own own botched version that left navigators three times more likely to get lost, according to one survey. Executive heads rolled.
There was speculation last week that the company had cut back on suppliers – suggesting that iPhone sales had slipped. Apple changes suppliers often and may, according to other rumours, be planning to use new glass technology on its devices. With no comment from the company, Apple’s shares slid again.
And yet, for all these issues, Apple is widely expected to have sold close to 50m iPhones last quarter – another record – and fans can’t get enough of its iPad and iPad Mini. The company remains the most valuable on the planet.
This is a tale of two Apples. One, fans argue, is set to continue to redefine business in the way companies like General Motors and IBM did in their heyday. The other, for critics, is an over-hyped phone manufacturer which is about to be caught up by reality.
Walter Piecyk, analyst at BTIG, is firmly in the latter camp. He downgraded Apple’s stock to neutral from buy last April – a move that looks like smart timing now. Piecyk predicts Apple will have another record setting quarter in sales for the company and close to an 80% increase in iPhone sales from the September period, when sales were hit by customers held off in anticipation of the new phone.
But it’s not this quarter’s sales that worry him. What worries Piecyk is Apple’s “compressed product cycle”. The company could once rely on growing sales for its hit products even after their hype-fueled launches. The Apple fever is still there – huge lines formed at Apple stores around the world for the iPhone 5 and the iPad Mini. But there are now worrying signs that Apple has lost the ability to build on the momentum of those launches.

Apple launched its iPhone 3Gs in June 2009. In the June quarter it sold 5.2m iPhones, in the September quarter it sold 7.4m, in December 8.7m and another 8.7m in the quarter after that. The pattern repeated itself with the iPhone 4, launched in June 2010. In the September quarter Apple sold 14m iPhones, in December they sold 16.2m and in March 18.6m.
Apple is selling far more iPhones these days in more markets but sales are falling after launch. When the iPhone 4S was launched in late 2011, sales hit 37m in the December quarter – up nearly 120% from the preceding period. Sales then dropped over the next two quarters.
“It is selling in more markets than before and sales fall off more quickly than before,” Piecyk said, adding: “Frankly they have no choice.”
For a while Apple had the smartphone and the tablet locked up. Now Samsung, HTC and others have products that generate as much buzz. “They can’t wait now. If you wait you are selling an old phone,” Piecyk said.
Early sales tend to be less profitable for the company as returns are higher due to teething issues. But Apple can no longer rely on mounting sales to set off those costs. The speed of launches and level of competition is only increasing and for Piecyk, Apple is the likely loser.
Horace Dediu, an Asymco analyst, has roughly the same numbers as BTIG but he couldn’t disagree more. There are technical reasons that the quarter may underwhelm – this quarter is a week shorter than last year’s comparable quarter and the company had two launches to contend with – but fundamentally, he says, Apple remains a stellar performer with room to grow.
“The global appetite for devices is measure in billions of units,” he said. “The numbers of units Apple is shipping remain relatively small.”
He expects that Apple will launch a new series of iPhones aimed a more cost-conscious buyers. It’s a model Apple has pursued before, with the iPod, and one that it looks to be following with the iPad. “Samsung has 37 smartphones,” he said. A new family of cut-price Apple phones could bring a Apple a massive new market.
Apple’s problem, he believes, is one of perception. “What Apple does – make hit, blockbuster products – is seen as unrepeatable,” he said. “The iMac is not repeatable, the iPod is not repeatable, the iPhone, the iPad. See the pattern?” He predicts that Apple will come up with other “unrepeatable” products. TV is the most often touted target.
The company has not launched an entirely new product since the death of its founder, Steve Jobs. For a company whose share price has been driven by anticipation of a new blockbuster, that is an issue. Cook is in need of some new surprises, ones that prove Apple hasn’t lost its spark.