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Tech Review: Advanced Micro Devices, Microsoft Corporation, Research In Motion Limited

Friday, 30 November 2012 01:20 PM

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NEW YORK -- Beststocksdaily, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Advanced Micro Devices, Microsoft Corporation, Research In Motion Limited

Here’s good news for all those waiting for Microsoft Corporation(NASDAQ:MSFT)’s new Xbox console. If news reports are to be believed, you will have it in your hands next Thanksgiving.

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Although Microsoft is mum on the subject, sources say that the unveiling could happen at an industry event such as the E3 show in June, or there could be a dedicated launch.

There are rumors agog that the new Xbox will feature four hardware cores, each divided into four logical cores, and 8GB of RAM. Add to that Blu-Ray, Kinect 2.0 and some fancy AR glasses, enough to drive gamers crazy.

The processor company Advanced Micro Devices, Inc.(NYSE:AMD) is in the news, this one for the proposed sales of its campus in Austin which could bring in the much needed cash. In fact, the stock rose 8.2% in positive anticipation.

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The company expects to raise between $150 million to $200 million from the sale, likely to happen in the first quarter. The second-largest maker of personal-computer processors will lease the space back. 

But AMD, which is hard put for cash may find the amount insufficient. “The sale-lease back is more of a short-term Band-Aid,” said the New York-based analyst, Patrick Wang. “It doesn’t change the fact that there’s a chance AMD doesn’t exist anymore in 2 years.”

Shares of the company jumped another 5% after soaring 4% in yesterday’s session. The stock has bounced back 15% from its new low of $1.81.

Research In Motion Limited (USA)(NASDAQ:RIMM) held BlackBerry JAM in Asia yesterday, where it announced a number of  incentives for developers who produce applications for the soon-to-be-released Blackberry 10 platform.

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The highlight of the event was the unveiling of a smartphone prototype code-named the Dev Alpha C, the first Blackberry 10 device with a full QWERTY keyboard.

The smartphone will be available in February, along with the Blackberry London, or L-Series, a full touch-screen smartphone.

Which developers are going to lay their hands on the new Dev Alpha C depends on factors like how many applications the developer already has on Blackberry devices. These developers can exchange the prototype for the finished product in February. RIM has also announced an incentive of $10,000 for those who develop applications.

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