Click here to close now.

SYS-CON MEDIA Authors: Pat Romanski, XebiaLabs Blog, Elizabeth White, Carmen Gonzalez, Plutora Blog

News Feed Item

The Zacks Analyst Blog Highlights: Apple, Google, China Mobile, Amazon.com and WellPoint

CHICAGO, Jan. 9, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Apple (Nasdaq:AAPL-Free Report), Google (Nasdaq:GOOG-Free Report), China Mobile (NYSE:CHL-Free Report), Amazon.com (Nasdaq:AMZN-Free Report) and WellPoint Inc. (NYSE:WLP-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Wednesday's Analyst Blog:

Apple's App Store Sales Surge in 2013

Apple's (Nasdaq:AAPL-Free Report) App Store customers spent more than $10.0 billion in 2013. The company recently announced that December spending alone accounted for $1.0 billion. Customers downloaded almost 3 billion apps making it the most successful month in the company's history.

The strong growth in overall sales reflects Apple's success in building an iOS-based ecosystem that continues to attract app developers. Since the launch of App Store in 2008, Apple has paid almost $15.0 billion to developers, after deducting its 30% share. Apple is estimated to earn $3.0 billion in revenues from App Store in 2013.

The phenomenal success of App Store solidifies Apple's position against Google's (Nasdaq:GOOG-Free Report) Android platform. Similar to Apple's iOS ecosystem, the Android platform has also started attracting developers primarily due to the increasing sales of Android-based smartphones and higher number of apps download from Google Play store.

However, it has been noted that iOS users tend to spend more compared to Android users, making Apple's platform much more attractive to developers. According to IBM, iOS users spent $115.42 per order, compared to $83.56 per order by Android users during fourth-quarter 2013.

The higher spending is primarily driven by Apple's affluent customer base and partnerships with leading carriers. Moreover, customer engaging apps, such as the Candy Crush Saga, drove the higher sales.

We believe increasing iTunes sales (fastest growing segment in the fourth quarter) will boost Apple's top line in the long run. The company's recent partnership with China Mobile (NYSE:CHL-Free Report), revamped product line-up and strategic acquisitions will improve its competitive position against the likes of Samsung and Amazon.com (Nasdaq:AMZN-Free Report), going forward.

Nevertheless, falling gross margins and lack of innovation are expected to remain the primary headwinds in the near term.

Currently, Apple has a Zacks Rank #2 (Buy).

WellPoint Divests Non-Core Units

WellPoint Inc. (NYSE:WLP-Free Report) has recently announced a couple of agreements that reflect the company's strong focus on core business and its intent to capitalize on core growth opportunities. These announcements are related to the divestiture of two of its business units to enhance its insurance operations.

The first announcement is pertaining to the divestiture of its online contact lens retail subsidiary 1-800 CONTACTS to Thomas H. Lee Partners, one of the world's leading private equity firms. Although the financial terms of the transaction were not disclosed, management stated that the proceeds from the deal that is slated to culminate in the first quarter of 2014 will be used to fund WellPoint's capital deployment initiatives.

Although the 1-800 CONTACTS subsidiary is a well-known name in the contact lens retail space, WellPoint decided to opt for the divestiture as it strives to enhance its core operations. And now with the changes that are scheduled to come to the health care system, the company is all the more focused to capitalize on the opportunities by divesting its non-core operations and fortifying its commercial and government business segments.

Concurrently, WellPoint also announced its intention to divest its eye glasses business – glasses.com to one of the premium eyewear company, Luxottica Group. The terms of the deal were not disclosed. This deal is pending regulatory approval and is scheduled to close in the first quarter of 2014.

The company expects to incur an impairment charge of around 52–57 cents per share in the fourth quarter of 2013, pertaining to these divestitures. As a result, WellPoint now estimates full-year 2013 GAAP net income to be at least $7.88 per share while adjusted net income outlook was retained at a minimum of $8.40 per share. However, we remain optimistic on the company's performance owing to its strong financial position and efforts to improve memberships. Thus, our projected adjusted net income is pegged a little higher than the company outlook and the Zacks Consensus Estimate for full-year 2013 at $8.51.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on AAPL - FREE

Get the full Report on GOOG - FREE

Get the full Report on CHL - FREE

Get the full Report on AMZN - FREE

Get the full Report on WLP - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

[email protected]

http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

 

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
If cloud computing benefits are so clear, why have so few enterprises migrated their mission-critical apps? The answer is often inertia and FUD. No one ever got fired for not moving to the cloud - not yet. In his session at 15th Cloud Expo, Michael Hoch, SVP, Cloud Advisory Service at Virtustream, discussed the six key steps to justify and execute your MCA cloud migration.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
EMC Corporation on Tuesday announced it has entered into a definitive agreement to acquire privately held Virtustream. When the transaction closes, Virtustream will form EMC’s new managed cloud services business. The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workl...
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Even though it’s now Microservices Journal, long-time fans of SOA World Magazine can take comfort in the fact that the URL – soa.sys-con.com – remains unchanged. And that’s no mistake, as microservices are really nothing more than a new and improved take on the Service-Oriented Architecture (SOA) best practices we struggled to hammer out over the last decade. Skeptics, however, might say that this change is nothing more than an exercise in buzzword-hopping. SOA is passé, and now that people are ...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
You often hear the two titles of "DevOps" and "Immutable Infrastructure" used independently. In his session at DevOps Summit, John Willis, Technical Evangelist for Docker, will cover the union between the two topics and why this is important. He will cover an overview of Immutable Infrastructure then show how an Immutable Continuous Delivery pipeline can be applied as a best practice for "DevOps." He will end the session with some interesting case study examples.
Docker is becoming very popular--we are seeing every major private and public cloud vendor racing to adopt it. It promises portability and interoperability, and is quickly becoming the currency of the Cloud. In his session at DevOps Summit, Bart Copeland, CEO of ActiveState, discussed why Docker is so important to the future of the cloud, but will also take a step back and show that Docker is actually only one piece of the puzzle. Copeland will outline the bigger picture of where Docker fits a...
SYS-CON Media named Andi Mann editor of DevOps Journal. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Andi Mann, Vice President, Strategic Solutions, at CA Technologies, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, communicator, and thought lea...
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. 8th International Big Data Expo, co-located with 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. As advanced data storage, access and analytics technologies aimed at handling high-volume and/or fast moving data all move center stage, aided by the cloud computing bo...
Can the spatial component of your Big Data be harnessed and visualized, adding another dimension of power and analytics to your data? In his session at Big Data Expo®, John Meza, Product Engineer and Performance Engineering Team Lead at Esri, discussed the spatial queries that can be used within the Hadoop ecosystem and their integration with GeoSpatial applications. The GIS Tools for Hadoop project was also discussed and its implementation to discover location-based patterns and relationships...
An effective way of thinking in Big Data is composed of a methodical framework for dealing with the predicted shortage of 50-60% of the qualified Big Data resources in the U.S. This holistic model comprises the scientific and engineering steps that are involved in accelerating Big Data solutions: problem, diagnosis, facts, analysis, hypothesis, solution, prototype and implementation. In his session at Big Data Expo®, Tony Shan focused on the concept, importance, and considerations for each of t...
While there are hundreds of public and private cloud hosting providers to choose from, not all clouds are created equal. If you’re seeking to host enterprise-level mission-critical applications, where Cloud Security is a primary concern, WHOA.com is setting new standards for cloud hosting, and has established itself as a major contender in the marketplace. We are constantly seeking ways to innovate and leverage state-of-the-art technologies. In his session at 16th Cloud Expo, Mike Rivera, Seni...