As overall weakness in global stock markets, France, Germany, and the European Central Bank (ECB) shared different opinion while in the conference of the European Financial Stability Fund (European Financial Stability Facility: referred EFSF), which made the investment people's confidence shocked. In addition, banks are reluctant to carry out the capital restructuring, more recognized asset impairment Greek debt, which also made the situation worse. U.S. Federal Reserve (FED) on Oct.19 released the latest Beige Book, which pointed out the overall U.S. economy in September will continue to grow, but there are many jurisdictions that only have moderate or slight expansion of the economy. In addition, companies operating outlook is weakening or more not sure. Apple (Apple Inc.) U.S. stocks ended on May 18 announced after the fourth quarter of fiscal 2011 (July to September).
American Apple (Apple Inc.) on Oct.18 announced the fourth quarter of fiscal 2011 (July to September) revenues after the close of the market. Diluted earnings per share are not as good as expected. Apple's earnings report get worse than the market expectations, which is very rare in the past; consumers decide temporarily slow the pace to buy new machines waiting for the advent of iPhone, lead on iPhone 7-9 sales decreased nearly 3 million (21% annual increase to 1,707 ten thousand) than the market forecast, and which is the main cause of the poor of its earnings. Apple heard the news NASDAQ stock index fell 5.59% , to close $ 398.62, the lowest since October 10.
Associated Press reports, science and technology market research firm, IDC pointed out, flooding in Thailand has affected the local 1 / 3 of the hard disk drive output, the equivalent of a more than 120 million units in the hard disk is being challenged. Avian Securities pointed out that the hard disk drive shipments' slow down has led to the increse of prices, part of the hard drive prices have risen a few dollars. Thailand's Industry Minister Wannarat Charnnukul 18 at Western Digital High-level meeting, said after flooding, two Western Digital factory have been shut down, this year the company exported gold from Thailand 60% of the amount of fear will shrink to 800 billion baht ($ 200 billion baht last year), Thailand's production plant accounts for 60% of WD. Wannarat also mentioned, WD estimates it will take 4-6 months to recover. Western Digital hearing the news fell 9.28%, to close at $ 24.44, record lowest since August 1 2010. Western Digital supplier-cum-happy Philadelphia Semiconductor Index constituent e-Science Technology (Marvell Technology Group Ltd.) Fell 5.91% to close $ 13.70. If you are a video professional or someone who loves to work with videos at home, you will find this software of avs video converter review to be incredibly robust.
Semiconductor industry, leading manufacturer Intel (Intel Corporation) in 18 U.S. markets are forecast better than market expectations. After the release of the first 3 quarter (July to September) earnings season (October-December), Intel hit in the third quarter, shipments of microprocessors, Earnings per share, earnings and revenue and other four single-season record high, CEO Paul Otellini said thanks to notes the double-digit growth in PC shipments and mobile, cloud computing to drive sustainable growth surge continued increase in data center performance. Road Joan cum hearing contrarian Philadelphia constituent Intel rose 3.59%, to close at $ 24.24.
