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Alphabet drops most in three years after first quarter but analysts upbeat

Analysts agreed. Investors were not so sure. The company's shares closed down 5.46 percent at $ 737.42 on Friday, their biggest ODI percentage d...

 

Alphabet drops most in three years after first quarter but analysts upbeat

Analysts agreed. Investors were not so sure.

The company’s shares closed down 5.46 percent at $ 737.42 on Friday, their biggest ODI percentage drop since October 2012.

The search giant’s first-quarter profit remains estimates especially since it build more traffic to its mobile advertising.

But analysts are focused on the 20 percent increase in revenue from Google websites, an important measure that most closely meet expectations.

“If the fog is more head than a real one. And fundamental trends are intrinsically impressive. And valuation looks compelling. Then when you buy it,” RBC Capital Markets analyst Mark Mahaney said in a client note .

Susquehanna Financial Group analysts agreed. “While head missed numbers, the key earnings figure was fine,” she wrote.

Several agents, including Susquehanna, cut price targets on alphabet, but persevered “buy” recommendations.

RBC has its $ 1,000 price target

same drivers alphabet necessarily help sales growth -. mobile, purchase and sale of auto advertising and YouTube – bring with them something higher costs in the short term may continue, Canaccord Genuity analysts in a note.

alphabet said traffic acquisition cost is $ 3800000000, responsible for 21 percent of advertising revenue in the first quarter that the ongoing shift to mobile and the increasing importance of automated or “programmatic” advertising

at its core, Mahaney said alphabet is largely to show an advertisement company and the strength of this business further in the quarter, with a high incidence of absolute growth. – “No small matter in a nearly $ 70000000000 ad company.”

Google’s advertising revenue rose 16.2 percent to $ 18.02 billion in the quarter, while the number of ads jumped 29 percent.

“We feel it was a solid quarter, but the” least good “for the past five, each of which the equity market higher,” said Canaccord analysts.

At least 11 brokers cut their price targets on the stock markets, with as much as $ 80, but not a downgraded the stock

Macquarie and Deutsche Bank have their price targets to $ 20 – .. Deutsche Bank and Macquarie $ 1,100 to $ 890

of the 51 analysts covering the stock, 48 rate it “buy” or higher and three have “hold” one. No one recommends selling

at Thursday’s close, the output alphabet 42 percent in the past year

(Reporting by Supantha Mukherjee and Tenzin Pema in Bangalore; editing by Ted Kerr .. it)

Reality check: Your computer is most likely too weak to run VR headsets

 

Reality check: Your computer is most likely too weak to run VR headsets

Most computers do not have enough processing muscle power virtual reality headsets like the Samsung Gear VR, Nvidia warn.

If you have put your heart experienced some of the adventure promised virtual reality you may have to shell out some more money before you start your trip.

This year has been spotted as the great exodus out party for virtual reality, with several companies planning software and hardware releases that will transport goggle -wearing users to other 3D worlds. But to fully enjoy the journey, the graphics processor in your computer is going to be a lot stronger to deliver VR images – about seven times stronger than the average strength found in gamers’ computers today, according to Nvidia, the world’s greatest author of standalone graphics chips.

Only 13 million computers worldwide that kind of power in 2016, according to the Santa Clara, Calif.-based graphics chip maker. This is less than one percent of the 1.43 billion computers is expected to be in use this year, according to research firm Gartner data quoted by Bloomberg.

“From game to 3D product design, to film experiences and further, virtual reality promises the way we experience changed everyday things,” Nvidia has in an e-mail statement. “The delivery of VR is a complex challenge, especially as immersive VR requires seven times the graphics performance compared to traditional 3D programs and games.”

When confined to the field of science fiction films such as Walt Disney’s “Tron” virtual reality be expected to be a top attraction at the Consumer Electronics Show next week in Las Vegas. So far, only two headsets, Google’s board and Samsung’s Gear VR, offered to consumers

oculus Rift, Sony PlayStation VR and HTC Vive -. What all focused on high-end VR games and videos – is expected to be released this year, when the industry watcher Juniper Research expects about 3 million headsets to be sold. In 2020, Juniper expects to surpass the number of 30 million.

The lack of sufficient processing power is probably not the enthusiasm of the fans hyping dampen the devices or limit the flood of developers creating all sorts of content. Work big streaming companies Hulu and Netflix with the devices, while game makers like Microsoft, Harmonix and Sony is ready to offer games.

But the power warning appears to lower expectations for how quickly the rapture will for VR devices are marked first by Facebook CEO Mark Zuckerberg, amplifying buy last year, Facebook pushed bullion to $ 2 billion.

“It is slow growing,” he warned in September. . “If you think about the advent of computers or smartphones, the first units shipped not ship millions in their first year, but they turn out an idea and make it a reality.”

Also CNET:

Spotify’s Top 10 most streamed tracks

 

The following list shows the top streaming Spotify tracks from Monday, February 25 to Sunday, March 3:

USA

1. Macklemore & Ryan Lewis feat. Wanz, “Thrift Shop” (Macklemore)

2. Imagine Dragons, “radioactive” (Interscope Records)

3. The Lumineers “Ho Hey” (Dual Tone)

4. Bruno Mars, “When I Was Your Man” (Atlantic Records)

5. A $ AP Rocky “(expletive) Problems” (A $ AP Worldwide / Polo Grounds Music / RCA Records)

6. Will.i.am, “Scream & Shout” (Interscope Records)

7. Calvin Harris, “Sweet Nothing” (Columbia)

8. Swedish House Mafia feat. John Martin, “Do not worry Children (Radio Edit) ‘(Virgin Records)

9. Justin Timberlake, “Suit & Tie” (RCA Records)

10. Bruno Mars, “Locked Out of Heaven” (Atlantic Records)

UNITED KINGDOM

1. Macklemore & Ryan Lewis feat. Wanz, “Thrift Shop” (Macklemore)

2. Avicii, “I Could Be The One (Nicktim Radio Edit) (Avicii vs. Nicky Romero)” (Virgin Records)

3. Lumineers “Ho Hey” (Dual Tone)

4. Justin Timberlake, “Mirrors” (RCA Records)

5. Calvin Harris, “drinking from the bottle” (Columbia)

6. Disclosure, “White Noise” (Universal Island Records)

7. Bruno Mars, “When I Was Your Man “(Atlantic Records)

8. Baauer,” Harlem Shake “(Mad Decent Protocol)

9. Foals, ‘My Number” (Warner Music UK)

10. Bastille, “Pompeii” (Virgin Records)