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Earnings Releases, Patent Litigations, Innovations, Technological Advancements, and Leadership Appointments - Analyst Notes on Applied Materials, Google, IBM, Qualcomm and Baidu

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

May 21, 2014, 08:48 ET

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NEW YORK, May 21, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Applied Materials Inc. (NASDAQ: AMAT), Google Inc. (NASDAQ: GOOG), International Business Machines Corp. (NYSE: IBM), Qualcomm Incorporated (NASDAQ: QCOM) and Baidu, Inc. (NASDAQ: BIDU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2714-100free.

Applied Materials Inc. Analyst Notes
On May 15, 2014, Applied Materials, Inc. (Applied Materials) reported financial results for Q2 FY 2014 (period ended April 27, 2014). Applied Materials generated Q2 FY 2014 net sales of $2.3 billion, up 7.4% QoQ, driven by growth in Silicon Systems. The Company reported non-GAAP net income of $348 million or $0.28 per diluted share, versus $199 million or $0.16 per diluted share in Q2 FY 2013. Both revenue and EPS figures were in line with the analysts expected values polled by Thomson Reuters. Gary Dickerson, President and CEO, said, "We are also delivering significant improvements in our financial performance and have expanded our operating margins to their highest level in nearly three years." For Q3 FY 2014, the Company expects non-GAAP diluted EPS to be in the range of $0.25 to $0.29. Shares in the Company jumped 8.13% to settle at $20.21 in the next trading session. The full analyst notes on Applied Materials are available to download free of charge at:

http://www.analystsreview.com/2714-AMAT-21May2014.pdf

Google Inc. Analyst Notes
On May 16, 2014, Reuters reported that Google Inc. (Google) and Apple Inc. (Apple) have decided to settle all patent litigations between them over smartphones, putting an end to the high-profile technology lawsuits. "Apple and Google have also agreed to work together in some areas of patent reform," the joint statement by both the companies, as quoted by Reuters, read. According to the Reuters report, the Companies stated that the settlement does not include a cross license to their respective patents. Both the Companies have asked a federal appeals court in Washington to dismiss their cases against each other. According to Reuters, the deal does not apply to Apple's litigation against Samsung Electronics Co Ltd. The full analyst notes on Google are available to download free of charge at:

http://www.analystsreview.com/2714-GOOG-21May2014.pdf

International Business Machines Corp. Analyst Notes
On May 16, 2014, International Business Machines Corp. (IBM) announced that a new group of companies are creating Watson-powered cognitive computing intelligence applications. The IBM Watson Group announced that three new partners are building apps for various purposes ranging from assisting investors in making precise judgments based on market insights from trade floors full of data, to helping a dermatologist to find out the most effective skin cancer treatment option, to cautioning retailers about the right time to push their game-time snacks display to the store front so as to help grow sales. Michael Rhodin, Senior Vice President, IBM Watson Group, said, "The power of Watson is a game-changing proposition. Since we established a Watson developer ecosystem, we've seen the creativity flow from entrepreneurs around the world with business-changing ideas for the Watson technology." The full analyst notes on IBM are available to download free of charge at:

http://www.analystsreview.com/2714-IBM-21May2014.pdf

Qualcomm Incorporated Analyst Notes
On May 15, 2014, Qualcomm Incorporated (Qualcomm) announced that its subsidiary, Qualcomm Technologies, Inc. (QTI), in conjunction with Sohu.com, conducted the first announced live public demonstration of LTE-TDD Broadcast during the Qualcomm Reference Design & Wireless Innovation Summit hosted by QTI in Shenzhen, China. As per Qualcomm, the demonstration featured High Efficiency Video Coding and Dynamic Adaptive Streaming Over HTTP technologies and utilized devices based on Qualcomm Reference Designs by QTI featuring QTI's Qualcomm® Snapdragon™ 400 processors and integrated Qualcomm® Gobi™ modems. The demo was supported by QTI's LTE Broadcast solution for the evolved Multimedia Broadcast Multicast Service platform and featured content provided by Sohu.com. The full analyst notes on Qualcomm are available to download free of charge at:

http://www.analystsreview.com/2714-QCOM-21May2014.pdf

Baidu, Inc. Analyst Notes
On May 16, 2014, Baidu, Inc. (Baidu) announced the appointment of Andrew Ng as Chief Scientist of Baidu at the opening of its U.S. R&D Center in Sunnyvale, California. Andrew Ng is a renowned Artificial Intelligence researcher and will spearhead Baidu Research, with labs in Beijing and Silicon Valley. Baidu stated that the new facility will add research to the Company's existing development competencies in Silicon Valley. Robin Li, Baidu's Chairman and CEO said, "We are delighted to welcome Andrew to our team. As a true visionary and key contributor in the field of Artificial Intelligence, Andrew is the ideal individual to lead our research efforts as we enter an era where AI plays an increasingly pronounced role." The full analyst notes on Baidu are available to download free of charge at:

http://www.analystsreview.com/2714-BIDU-21May2014.pdf

About Analysts Review
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EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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