Apple (NSDQ: AAPL) has nearly $29 billion of cash on hand, a hoard exceeded by only one tech company—Cisco Systems (NSDQ: CSCO), reports Reuters. With that kind of capital in the bank, it’s no wonder that buyout rumors are rampant. At this stage, the rumors seem highly unlikely.The most ridiculous, according to Kara Swisher of All Things D, is Apple buying Twitter. She believes it to be untrue because both Twitter co-founders, Evan Williams and Biz Stone, are in New York today to attend the 2009 Time 100 dinner, as two of the magazine’s top picks for most influential people. How could they be negotiating a deal from 3,000 miles away?, she reasons. The second rumor is coming from FastMoney’s Guy Adami, who is claiming that there is “chatter” that Apple is eyeing an Electronic Arts (NSDQ: ERTS) takeover, reports MacRumors, which also quotes Kotaku, as calling the prediction “sketchy, at best.”  See full story here on our sister site mocoNews.net.

Apple (NSDQ: AAPL) has nearly $29 billion of cash on hand, a hoard exceeded by only one tech company—Cisco Systems (NSDQ: CSCO), reports Reuters. With that kind of capital in the bank, it’s no wonder that buy-out rumors are running rampant. At this stage, the rumors seem highly unlikely. The most ridiculous, according to Kara Swisher of All Things D, is Apple buying Twitter. She believes it to be untrue because both Twitter co-founders, Evan Williams and Biz Stone, are in New York today to attend the 2009 “Time 100? dinner, as two of the magazine’s top picks for most influential people. How could they be negotiating a deal from 3,000 miles away?, she reasons. The second rumor is coming from FastMoney’s Guy Adami, who is claiming that there is “chatter” that Apple is eyeing an Electronic Arts (NSDQ: ERTS) takeover, reports MacRumors, which also quotes Kotaku, as calling the prediction “sketchy, at best.” But if not acquisitions, what will Mac and iPhone-maker spend money on? Reuters quotes analysts as saying it’s not Apple’s style to distribute any of the money via dividends or through a share buy-back. They’ll contend that “being flush is never a bad thing, especially in an uncertain economy.” It may remain a mystery for now, but Apple may be obligated to do something soon. Scotia Capital analyst Gus Papageorgiou told Reuters: “I think the pressure is definitely mounting…It’s just too big a number…the cash belongs to the shareholders, the shareholders don’t need Apple to invest the cash, they need Apple to generate the cash.”

Steve Perlman, one of the original developers at Apple (NSDQ: AAPL) and founder of WebTV Networks, which was sold to Microsoft (NSDQ: MSFT) in the 90s, is trying to shake up the video-game business. Perlman’s incubator Rearden LLC has developed technology that enables video game players to play anywhere without a console by accessing games through an internet-connected server, something not currently available to gamers. The technology works a lot like many video-content delivery networks: It compresses then de-compresses large amounts of data quickly, which is necessary to play graphics-rich games that require fast two-way action. This is not Perlman’s first foray into the gaming industry—he founded Catapult Entertainment in the ‘90s, which developed modems for Sega and Nintendo.    The technology had been in development for seven years, according to the Wall Street Journal, and is scheduled to be debuted by a company called OnLive Inc. later this year. OnLive says it will offer new games from Electronic Arts Inc. (NSDQ: ERTS), Take-Two Interactive Software (NSDQ: TTWO) Inc. and THQ Inc.. (NSDQ: THQI) For gamers who want to play games on their TVs while at home, the service has created a chip called the OnLive MicroConsole, which converts the internet feed to playback on a TV. While the technology hasn’t officially been used by any service yet, it potentially has significant implications for pretty much every aspect of the gaming industry. Companies like *Sony* and Microsoft could face a serious challenge to sales of their popular PlayStation and Xbox consoles as they theoretically wouldn’t be necessary anymore. Meanwhile, if the technology delivers on its promise, publishers could cut costs fairly dramatically by not having to package and ship games.

Steve Perlman, one of the original developers at Apple (NSDQ: AAPL) and founder of WebTV Networks, which was sold to Microsoft (NSDQ: MSFT) in the 90s, is trying to shake up the video-game business. Perlman’s incubator Rearden LLC has developed technology that enables video game players to play anywhere without a console by accessing games through an internet-connected server, something not currently available to gamers. The technology works a lot like many video-content delivery networks: It compresses then de-compresses large amounts of data quickly, which is necessary to play graphics-rich games that require fast two-way action. This is not Perlman’s first foray into the gaming industry—he founded Catapult Entertainment in the ‘90s, which developed modems for Sega and Nintendo.    The technology had been in development for seven years, according to the Wall Street Journal, and is scheduled to be debuted by a company called OnLive Inc. later this year. OnLive says it will offer new games from Electronic Arts Inc. (NSDQ: ERTS), Take-Two Interactive Software (NSDQ: TTWO) Inc. and THQ Inc.. (NSDQ: THQI) For gamers who want to play games on their TVs while at home, the service has created a chip called the OnLive MicroConsole, which converts the internet feed to playback on a TV. While the technology hasn’t officially been used by any service yet, it potentially has significant implications for pretty much every aspect of the gaming industry. Companies like *Sony* and Microsoft could face a serious challenge to sales of their popular PlayStation and Xbox consoles as they theoretically wouldn’t be necessary anymore. Meanwhile, if the technology delivers on its promise, publishers could cut costs fairly dramatically by not having to package and ship games.

Steve Perlman, one of the original developers at Apple (NSDQ: AAPL) and founder of WebTV Networks, which was sold to Microsoft (NSDQ: MSFT) in the 90s, is trying to shake up the video-game business. Perlman’s incubator Rearden LLC has developed technology that enables video game players to play anywhere without a console by accessing games through an internet-connected server, something not currently available to gamers. The technology works a lot like many video-content delivery networks: It compresses then de-compresses large amounts of data quickly, which is necessary to play graphics-rich games that require fast two-way action. This is not Perlman’s first foray into the gaming industry—he founded Catapult Entertainment in the ‘90s, which developed modems for Sega and Nintendo.    The technology had been in development for seven years, according to the Wall Street Journal, and is scheduled to be debuted by a company called OnLive Inc. later this year. OnLive says it will offer new games from Electronic Arts Inc. (NSDQ: ERTS), Take-Two Interactive Software (NSDQ: TTWO) Inc. and THQ Inc.. (NSDQ: THQI) For gamers who want to play games on their TVs while at home, the service has created a chip called the OnLive MicroConsole, which converts the internet feed to playback on a TV. While the technology hasn’t officially been used by any service yet, it potentially has significant implications for pretty much every aspect of the gaming industry. Companies like Sony (NYSE: SNE) and Microsoft could face a serious challenge to sales of their popular PlayStation and Xbox consoles as they theoretically wouldn’t be necessary anymore. Meanwhile, if the technology delivers on its promise, publishers could cut costs fairly dramatically by not having to package and ship games.

Legendary Studio’s Newest Title Wins over

Ferrari Racing Pack Features 10 Glorious New Cars and Extended Career Mode Available Exclusively on the Xbox 360

#1 Packaged Goods Publisher in North America and Europe Fiscal Year-to-Date

Stocks rally as concerns about Europes debt problems ease.

CNBC's Fast Money Tim Seymour thinks that BHP Billiton Limited (ADR) (NYSE: BHP) is a buy and suggests investors to go long on Wednesday. BHP Billiton (BHP) added 4.80% today.

Guy Adami likes Electronic Arts Inc. (NASDAQ: ERTS) because of the big volume in this name. Electronic Arts Inc. (NASDAQ: ERTS) dropped 8.75% today and had a volume of 47.36M traded shares. Its average volume is 8.39M shares.

Joe Terranova recommends Kohl's Corporation (NYSE: KSS) and Pete Najarian likes PepsiCo, Inc. (NYSE: PEP). Kohl's (KSS) gained 1.32 today, while Pepsi (PEP) added 1.85%.

Electronic Arts (NASDAQ: ERTS) has lost nearly 10% of its market cap today after releasing earnings numbers last night. The stock is currently trading at $15.84. Electronic Arts (ERTS) reported earnings per share of $0.33 versus estimates of $0.31. Revenue was in line with Wall Street expectations. On the surface, this report does not seem to merit the sell off in EA.

The problem, however, is that on January 11, the Redwood City, California based video game maker lowered their earnings guidance. Investors were hoping that the company would offer some upside to their lowered guidance, and they did not deliver this.

Analysts at RBC Capital Markets have lowered the price target for Electronic Arts, Inc. (NASDAQ: ERTS) from $21 to $20. The company has reported results for the third-quarter, which came in ahead of analysts’ expectations.

However, analysts believe that the highlight has been the guidance for FY11, which is below consensus. Analysts expect the shares of the company to give back some of the recent gains.

Analysts recommend investors to add on any weakness in price as they believe that the guidance for FY11 is conservative. Analysts at RBC Capital Markets have maintained an Outperform rating for Electronic Arts, Inc.

Electronic Arts Corp. (NASDAQ: ERTS), one of the leading seller of disc based video games, has plunged 9.8% by early afternoon trading on Tuesday, in anticipation of quarterly earnings which may miss the analysts’ expectations.

US stocks finished solid gains on Tuesday on reports that the German government may offer an aid package to debt-ridden Greece.[More...]

After breaching the benchmark 10,000 level on Monday, the Dow Jones Industrial Average (DJIA) had no trouble luring bargain-hunters back to the market today...(Read More)

Electronic Arts Inc. (ERTS) reported third-quarter of 2010 results with a steep fall in net earnings and revenue due to weakness in its EA business, dismal holiday sales for the overall packaged goods sector in Europe and product mix shifts to lower-margin distribution business in North America . Despite higher cost controls, delay in launching new [...]

(ERTS) Electronic Arts’ Net Earnings Report Falls

The U.S. averages rebound some 1% or better Tuesday. More confidence for a bailout for Greece, the most troubled of a handful of debt-strapped European nations, rallied global stocks. Industrial bellwether Caterpillar (CAT) propelled the blue-chip DJIA higher after an upgrade for the stock.[More...]

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open

Tom Dorsey and Tammy DeRosier - What's Your Personal Value For The Next Decade

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open.

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open.

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open.