This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

4 Earnings Reports Bigger Than RIM's

NEW YORK ( TheStreet) -- Many investors looked forward to Research in Motion's (RIMM) quarterly conference call. TheStreet provided excellent coverage. We even ran a live blog of the proceedings.

The level of interest should not come as a surprise. It's only natural to want to follow the trail of blood as a company collapses, in most pathetic fashion, right in front of our eyes.

After Thursday's earnings call, a friend asked if I was going to write a RIM article. I told him "no" because I have nothing left to say. I have called a play-by-play of the RIM implosion since March of last year. Frankly, I'm tired of hearing RIMM bulls call the bottom.

But, really, there's another, more salient reason to not write about RIM. They're irrelevant. They run in a space dominated by incredibly innovative companies. And, in a few cases, more innovative than they appeared a short time ago. RIM no longer enters into any equation that matters in the broad spaces you could argue it still (loosely) competes in.

RIM was an opening act to earnings season. One of those odd occasions when slapstick comedy primes the audience for hard-driving rock bands.

Earnings season officially gets under way when Apple (AAPL - Get Report) reports. As of this writing, according to Yahoo! Finance, that event takes place on Monday, July 16. Intel (INTC - Get Report) reports on Tuesday, the 17th -- that's confirmed by the company. Also confirmed by the company, Microsoft (MSFT - Get Report) on Thursday, July 19. On the same day -- company-confirmed as well - Verizon (VZ - Get Report).

These reports should give investors a pretty good feel for what's going on across several spaces, some of which are tightly connected.

For Apple, we'll focus on how sales of the third-generation iPad progressed in the company's fiscal year Q3. Don't expect any color on iTV, but it would be nice. If Apple beats its own low expectations and, even more so, if it blows away consensus estimates again, will the stock continue the somewhat familiar pattern of new heights, swift pullback and persistent stagnation at higher lows? While that might frustrate investors, it's been a rewarding trend over the long term.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.46 0.00%
INTC $33.25 0.00%
MSFT $43.85 0.00%
VZ $49.45 0.00%
FB $78.97 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs