You're watching...
Canaccord Genuity Managing Director of Equity Trading Dave Rovelli on the earnings results for Microsoft and IBM.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Through some of the details of these numbers that are coming in not just an idea about Microsoft announcing that it.
It's it expects capital expenditures for the full fiscal year to be about two and a half billion dollars.
What about capital expenditures I -- so must -- of the jobs.
That we have in the United States depend on these -- what's beverage do you see them as growing perhaps or are people still hungry down in saving what they had.
Yet -- deathly growing especially since 2008 with the most ironic part about it is that.
Technology companies are where it's taking jobs so do you ability of people everyone wants no wise and unemployment coming back -- press is just.
Now what technology you need last people -- kind of ironic -- the capital expenditures are like you said the key to visit.
Are they gonna spend -- the money domestically that's -- a lot of like you said goes to India South Korea China that are.
And how about -- -- both to David and Shibani bidding in the second quarter.
Got more than what about their market share grew fifteen to fifteen point 1% so.
Not only -- Google with a little bit of a miss -- so worse than expected on those numbers but you've got Microsoft showing that being should Bonnie is actually gaining in market share.
Well Google still has something like an 80% market share semi 5% market share but -- it does show that what Microsoft is doing.
It encroaching and starting to gangs in yet that the heels of many other competitors in different avenues out there being it's just one of them.
And -- what where it is where -- IBM gulf rearing he we have that tremendous say investment of Warren Buffett's -- first time he's really invested that much money -- -- body.
Has that hello is that particular investment help other investors who were were looking kind of sideways -- -- get into the market.
I think fresh blood is is actually helping IB anyhow this capital investments -- capital infusion from Warren Buffett certainly a vote of confidence -- and much needed access to capital and then -- brand new CEO it's in new time -- B and and certainly taking it off to a good start it's just interesting that they -- on the revenue yet they still look good yet you want to get in David.
Yeah -- don't forget IBM Microsoft -- -- Dow components are all trading up that very well for the market and don't forget god Berkshire Hathaway also took a position in Intel.
But they sure did it was a smaller position yeah smaller yes he's -- -- general Mary good.
