SNDK MU – NAND flash prices spike up 20% and DRAM up 7% yesterday. Link
TXN – Texas Instruments warns it will shut down some factories in Japan. Link
AMZN – State officials pressure Amazon.com on state sales taxes. Link
NXPI – According to the UK’s Independent, Apple’s iPhone 5 won’t have Near Field Communication (NFC) technology. Link
SSD hard-drive supply chain may have issues after the Japanese earthquakes. Link
MU – DRAM prices spike higher on supply concerns due to the Japanese earthquakes. Link
AAPL BRCM – iPad 2 chip tear down. Link
LWSN – Lawson Software gets a $1.8B take-over bid. Link
Worst earthquake in 300 years hits Japan over-night rated 8.9. Link
HPQ – HP reportedly considered selling its PC business to Samsung, Lenovo, and Foxconn. Link
Angry Birds developer Rovio raises $42M led by Accel Partners. Their game now has 40 million players a month. They also sold 2 million plush toys at $12-15 each. The company has 50 employees and is based in Espoo, Finland.
Jobless claims 397K vs. 385K est.
China had unexpected trade deficit in February –$7.3B vs. +$4.9B est. Link
Moodys cuts Spain’s credit rating to Aa2. Link
AAPL – Apple to offer sports league subscriptions for Apple TV. Link
SBUX GMCR – Starbucks and Green Mountain Coffee announce a strategic partnership. Link
AAPL NVDA – JP Morgan analyst warning about a bubble burst fro non-iPad tablets. Link
AAPL – Sources expect 45 million Apple iPad units in 2011. Link
Bill Gross cuts his Treasury holdings to 0%. Link
Top 26 performing stocks in the Russell 3000 since March 2009. Link
MSFT – Microsoft sells 10 million Kinect units in just over 4 months. Link
Source: Link
1. Always insist on a margin of safety
2. This time is never different
3. Be patient and wait for the fat pitch
4. Be contrarian
5. Risk is the permanent loss of capital, never a number
6. Be leery of leverage
7. Never invest in something you don’t understand
YOKU – An interview with the CEO of Yoku.com Link
Why Angry Birds is so successful Link
More delays for iPad tablet competitors. Link
NVDA – Digitimes says Nvidia to continue to lose GPU market-share. Link
NFLX – Warner Brothers to offer $3 movie rentals on Facebook. Link
Farmers on Twitter giving information on crop yields to traders. Link
S – Bloomberg reports Deutsche Telecom in discussion with Sprint Nextel over a merger with its T-Mobile division. Link
MCP – Bloomberg on rare earths and Molycorp doing acquisitions. Link
SBUX – WSJ interviews the CEO of Starbucks. Link
ATVI – Interview with COO of Blizzard. Link
David Teppers main worry is the Middle East blowing up, especially Saudi Arabia. Link
Fed looking to end QE2 without a QE3. Link
Business Insider financials. Link
Nonfarm payrolls 192K vs. 180K est. Prior revised to 63K from 36K
Unemployment rate 8.9% vs. 9.1% est.
Average hourly earnings 0.0% vs. 0.2% est.
Average work week 34.2 vs. 34.3 est.
Private payrolls 222K vs. 190K est.
AAPL – Taiwan suppliers to expect to ship 10-12 million iPads in Q2. Link
Motherboard makers are raising prices 5-10% starting in March. Link
AAPL VZ T – iPad 2 monthly data-plan pricing. Link
NVDA – Good interview with the CEO. Link
Location-based ads and coupons coming to a smart-phone near you. Link
Jobless claims 368K vs. 395K est. 391K prior
ISM non-manufacturing index 59.7 vs. 59 est., 59.4 prior
Bridgewater’s Dalio on CNBC. Sounded like he was long gold, U.S. equities, and emerging market currencies. He said 2011 will be a good year for the equity market by in large.
MMI – A user reviews the Xoom tablet. Link
Excerpts from Seth Klarman’s 2010 Investor Letter. Must read. Link
IBKR – Commission free FactorShare trading for Interactive Brokers. Link
Arab leaders trying to negotiate a Libyan peace plan. Link
WDC STX – Sources say hard-drives face short-term pricing pressure, but they are optimistic about sales later this year. Link
AAPL – Apple expects to ship 40 million iPads in 2011. Link
AAPL MMI HPQ RIMM – Scoble on Apple iPad 2 vs. tablet competitors. “No apps, no sale” Link
AAPL – Walt Mossberg’s first impressions on iPad 2. Link