Palm Inc., Verizon, Apple Inc., Nokia Corp. and Motorola

CHICAGO--([ BUSINESS WIRE ])--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: Palm Inc. (Nasdaq: [ PALM ]), Verizon (NYSE: [ VZ ]), Apple Inc. (Nasdaq: [ AAPL ]), Nokia Corp. (NYSE: [ NOK ]) and Motorola (NYSE: [ MOT ]).

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Here are highlights from Friday's Analyst Blog:

Palm Disappoints but Reaffirms

Palm Inc. (Nasdaq: [ PALM ]) reaffirmed its fiscal 2010 forecast for revenue of $1.6 billion to $1.8 billion. The company expects R&D and sales and marketing expenses to be up sequentially in the upcoming quarter. Palm expects to use over $80 million in cash in the coming quarter.

Palm expects to grow its shrinking smartphone market share. Palm could also sign a carrier deal with Verizon (NYSE: [ VZ ]) to sell its smartphone. The company expects to launch a new developer program at the Consumer Electronics show in January. Palm plans to do away with the subscription accounting model and start recognizing revenue up front from the handsets.

Palm will continue to struggle as it competes against much larger competitors in the smartphone market such as Apple Inc. (Nasdaq: [ AAPL ]), Nokia Corp. (NYSE: [ NOK ]) and Motorola (NYSE: [ MOT ]).

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Palm Inc., Verizon, Apple Inc., Nokia Corp. and Motorola