And I believe we're getting Qualcomm numbers just hitting the tape as we speak. Marley, so I think send things back over to you in Chicago with those numbers. >> They're just coming across here.First quarter EPS coming in at 350. That is 9 cents better than the expectation. Their revenue coming in at 12.25% billion, just slightly better than the 12.2% that was expected.As far as for the next quarter for Q2, they're looking for EPS between 245 and 265. revenue looking for 10.2% to 11 billion. Uh they are als ...

Apple Offers Strong Guidance, Shaking Off Rising Memory PricesCONCLUDED[Apple Earnings Beat Estimates. iPhone Has 'Best-Ever Quarter.']Last Updated:---18 hours ago# Apple Offers Strong Guidance, Shaking Off Rising Memory PricesBy[Adam Levine]Apple's guidance for second-quarter revenue, gross margin, and operating income were well above Wall Street expectations. The only sour note was high operating expenses, driven by increased research and development.The gross margin guide is particularly interesting, bec ...

Group 1 - Western Digital Corporation (NASDAQ:WDC) is a key player in the data storage market, providing various solutions including hard drives and data center platforms [2] - The company has seen significant stock performance, with shares increasing over 200% since a recent purchase, driven by a memory shortage linked to AI data center investments [2] - Major competitors in the memory market, including Micron, Seagate, and Sandisk, have also reported substantial stock increases, with Sandisk more than doubling in value since the beginning of the year [1][2] Group 2 - Despite the strong performance of WDC, some analysts suggest that certain AI stocks may present greater upside potential and lower downside risk [3] - The memory cycles in the data storage industry are noted to be historically short and volatile, prompting some investors to scale down their positions in WDC [2]

Company Overview - Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line-up of wearables and accessories, supported by its app ecosystem, AppleCare, and cloud tools [2]. Market Performance - Apple’s stock has experienced a continuous decline for eight weeks, attributed to the memory shortage affecting companies that produce phones and computers, leading to increased costs for storage devices [1]. - The stock market dynamics show a flow of investment moving back and forth between the "Magnificent Seven" stocks and storage plays, with Apple being impacted by the current market conditions [1]. Investment Perspective - While Apple is recognized as a potential investment, there are opinions suggesting that certain AI stocks may offer greater upside potential and carry less downside risk compared to Apple [3].

Core Viewpoint - Investors are cautioned against chasing the rally in data storage stocks, with a recommendation to focus on companies that alleviate the memory supply crunch [1] Group 1: Data Storage Companies - Micron, Western Digital, Seagate, and Sandisk have seen their shares more than triple last year due to surging AI-related demand and limited supply, granting them immense pricing power [2] - Despite the significant gains, even minor disruptions could severely impact these stocks [2] Group 2: Semiconductor Capital Equipment Makers - Companies like ASML, Applied Materials, KLA Corp, and Lam Research are suggested as a safer investment option, as they benefit from increased demand for manufacturing equipment during chip shortages [3][4] - Micron is investing billions in building new chip factories, indicating a broader trend of increased spending on semiconductor tools across the industry [3][4] Group 3: Performance and Recommendations - ASML's shares increased by 54%, Applied Materials by 58%, KLA by 93%, and Lam Research by 137% last year [5] - Investors are advised to consider buying shares of ASML, Lam Research, or KLA if their prices dip following quarterly earnings reports, while Applied Materials will report next month [5][6] - The expectation is for solid earnings from these companies, but the high valuation may warrant a pullback before buying [6]

Core Insights - The global PC shipments are projected to grow by 9.6% year-over-year in Q4 2025, reaching 76.4 million units, marking a strong end to a turbulent year for the PC market [1][5] - Factors influencing the PC market include the end of Windows 10 support driving upgrade demand, uncertainties around tariff policies leading to preemptive inventory stocking, and a tightening memory supply impacting pricing and availability [1][2][4] Market Overview - The PC market is expected to experience significant volatility in the coming year due to rapid changes in the memory market, with potential price increases and adjustments in average memory configurations to extend existing inventory usage [2][4] - The average selling price (ASP) of PCs is anticipated to rise in 2026 as manufacturers prioritize mid-to-high-end product supply to cope with increasing component costs, particularly memory prices [4] Company Performance - Lenovo led the market in Q4 2025 with shipments of 19.3 million units, capturing 25.3% market share, reflecting a 14.4% increase from Q4 2024 [5] - HP Inc. and Dell Technologies followed with shipments of 15.4 million (20.1% market share, up 12.1%) and 11.7 million (15.3% market share, up 18.2%) units respectively [5] - Apple and ASUS reported shipments of 7.1 million (9.3% market share, up 0.2%) and 5.4 million (7.1% market share, up 10.9%) units respectively [5] Yearly Shipment Data - Total PC shipments for 2025 reached 284.7 million units, an 8.1% increase from 263.3 million units in 2024 [6] - Lenovo maintained a leading position with 70.8 million units shipped in 2025, holding 24.9% of the market, while HP Inc. and Dell Technologies shipped 57.5 million (20.2% market share) and 41.1 million (14.4% market share) units respectively [6]