The Zacks Analyst Blog Highlights:Autodesk, Apple, Google, Adobe and Research
CHICAGO, Feb. 19, 2013
CHICAGO, Feb. 19, 2013 /PRNewswire/ --Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Autodesk Inc (Nasdaq:ADSK), Apple
(Nasdaq:AAPL), Google (Nasdaq:GOOG), Adobe (Nasdaq:ADBE) and Research In
Motion Limited (Nasdaq:BBRY).
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Here are highlights from Friday's Analyst Blog:
Autodesk Unveils New Applications
Autodesk Inc (Nasdaq:ADSK) recently unveiled a new application for Apple's
(Nasdaq:AAPL) iPad. The Autodesk 123D Creature app enables anyone to create
and print 3D characters. With the help of the application, users can create
original characters in a few steps.
The application has tools such as 123D Sculpt App, which allow users to
thicken, stretch and sculpt their creatures. Users can print their creatures
by ordering a 3D print from Sculpteo's 3D printing services embedded within
the application. The application can also be used in sync with other visual
effects and animation software such as Autodesk Maya and 3ds Max.
Meanwhile, Autodesk announced a new partnership with The LEGO Group. The
partnership will develop a 3D interactive building instruction application for
LEGO MINDSTORMS EV3 platform, which allows users to build and program robots.
The application not only provides alternative to conventional instructions but
also allows users to digitally view how the components of the platform fit.
This makes it easier for builders to develop sophisticated robots.
The mobile application will be available for both Apple's iOS-based devices as
well as Google's (Nasdaq:GOOG) Android-based devices in the second half of
2013.The application can also be accessed over the Internet at MINDSTORMS.COM.
Autodesk enjoys a leading position in the computer-aided designing market. The
new applications reflect Autodesk's focus on improving its penetration in the
emerging technologies. The new mobile applications will further boost
Autodesk's market share going forward.
We believe that Autodesk's expanding product portfolio, broadening industry
applications and geographic reach will help sustain long-term growth.
Moreover, the new cloud-based products will boost Autodesk's subscriber base
in the near term.
Acquisitions have also helped Autodesk to expand its cloud-based product
offerings in the recent times. In the first nine months of fiscal 2013,
Autodesk acquired 8 companies that include a number of software-as-a-service
(SaaS) providers for approximately $204.2 million.
However, Autodesk's high exposure to Europe amid the lingering financial
turmoil in the region keeps us cautious. Moreover, customer concentration and
increasing competition from Adobe (Nasdaq:ADBE) are the other headwinds.
Currently, Autodesk has a Zacks Rank #2 (Buy).
BlackBerry Nears VoIP Deal in UAE
As per media reports Research In Motion Limited (Nasdaq:BBRY) is on the verge
of signing an agreement with the telecom carriers in United Arab Emirates
(UAE), that will allow the handset manufacturer to offer VoIP (Voice over
Internet Protocol) services for the first time in the gulf country. If
successful the deal could come as welcome news for BlackBerry maker in the
UAE, which is one of the six countries where the company recently launched its
BB10 OS (operating System) based device.
Research In Motion has faced resistance in the Middle Eastern countries to
launch its VoIP services because the telecom carriers receive high roaming
tariffs from the voice calls made by the countries' emigrant populations. The
Dubai-based carrier DU and Research In Motion are currently testing VoIP and
Internet-based video services and expect to launch it in the near future.
Voice calls are generally charged based on the length of the call and the
country receiving the call. However, VoIP calls are offered almost for free
once customers have purchased a data plan from a telecom carrier. VoIP is a
serious threat to traditional voice calls and according to research firm Ovum
the Internet-based service will hurt the telecom industry with $479 billion in
lost revenues by 2020.
Research In Motion, which is popular for its BBM (blackberry Messenger)
service has almost 60 million active members and provides free and secure
instant messaging service. The company has added a video function to its BB10
OS-based device in addition to the already present voice functions.
If the Canadian handset manufacturer receives the nod to launch the services
in the oil rich country, then it will gain an edge over its rival Samsung
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