The Consumer Electronics Show opens in Las Vegas this weekend, with nearly 2,000 companies showing off the latest technology for MP3 players, cell phones, handheld computers, networking devices and other Internet appliances.
Microsoft chairman Bill Gates and Intel chief executive Craig Barrett will address attendees in two keynote speeches. Gates is expected to promote the company's Xbox game console, due later this year, as well as Ultimate TV, a service that combines satellite television with WebTV. Intel plans to announce a series of new devices including an MP3 music player, a Web-surfing tablet, and an email pager.
The MacWorld conference also begins in San Francisco this week. During his keynote address, Apple CEO Steve Jobs is expected to announce faster Power Mac desktop computers as well as a new Powerbook laptop. Jobs also is expected to discuss the new OS X, a major upgrade to Apple's operating system.
Also this week, Yahoo, Rambus and DoubleClick are scheduled to release earnings. Yahoo and DoubleClick executives are expected to offer some insight into the health of the Internet advertising market. Slowed online advertising has forced many companies recently to lower earnings and revenue expectations.
Investors will be looking at Rambus' revenue figures to determine the popularity of the Pentium 4, which uses exclusively Rambus memory. A large increase in royalties would indicate demand for memory for the Pentium 4 has been strong.
Other events scheduled this week:
- The Consumer Electronics Show will take place at the Las Vegas Convention Center Jan. 6-9. Nearly 2,000 exhibitors will be showcasing their latest products and technologies, ranging from Internet-enabled MP3 players to wireless home appliances. Keynote speakers will include Intel CEO Craig Barrett, Microsoft chairman Bill Gates, Palm chief executive Carl Yankowski and Barry Schuler, president of AOL's Interactive Services Group.
- Morgan Stanley Dean Witter will host an Internet Software and Networking Conference in Scottsdale Arizona beginning Jan. 8. PeopleSoft CEO Craig Conway CEO will be among the presenters. Conway will discuss PeopleSoft's position in the marketplace.
- The MacWorld Conference & Expo will take place at the Moscone Convention Center in San Francisco Jan. 9-12. Steve Jobs will make the keynote speech Tuesday morning.
- Net Election 2000: the Rebirth of Interactive Politics will take place at the National Press Club in Washington, D.C. The Annenberg Public Policy Center of the University of Pennsylvania will present findings from its archive of the Election 2000 Web campaign as well as national survey findings, experimental studies of what works on the Web, and case studies of six congressional districts.
- The ASP World Forum will take place at the Sheraton World Resort hotel in Orlando, Fla. Jan 10-12. Conference speakers will discuss the most dominant and profitable applications and how to choose an ASP provider. Speakers include Forrester Research analyst Stacie McCullough and Traver Gruen-Kennedy, chairman of the ASP Industry Association.
- Barbarians at the Gate, Spies Within: Everything You Need to Know About Intrusion Detection will take place at the Hilton in Salt Lake City on Jan. 10. The two-hour presentation will examine the benefits and weaknesses of intrusion detection software.
- Conducting Business in the E-Millenium will take place at the Four Points Sheraton in Emeryville, Calif., on Jan. 10.
The Northcutt Internet Security Conference will take place at the Omni Dallas Hotel Park West. The conference will look at new Internet security measures, especially those related to streaming media.
Wed, Jan. 10
- Motorola sells mobile phones, pagers and Internet-ready handsets. Per-share consensus estimate: 15 cents.
- Yahoo is an Internet portal that provides email, chat rooms, shopping, auction services, and a search engine. Per-share consensus estimate: 13 cents.
- Ariba makes business-to-business software that lets buyers and suppliers automate business transactions. Per-share consensus estimate: 2 cents.
- DoubleClick provides targeted advertisements, serving more than 1,500 Web sites. Per-share consensus estimate: loss of 2 cents.
- Rambus makes high-speed memory used in PCs and Sony's PlayStation 2. Per-share consensus estimate: 13 cents.
Monday, Jan. 8
- The Consumer Credit report by the Federal Reserve shows the monthly debt assumed by consumers, excluding home mortgages. This number is expected to fall to $8 billion from $16.4 billion in November.
- Wholesale Inventories represents the percentage change in the amount of goods being stored by wholesale inventories in the United States. An increase in wholesale inventories suggests slowing demand for products. This number is expected to rise 0.3 percent for the month of November.
- Initial Claims refers to the number of people who file for unemployment benefits each week as reported by the Department of Labor. Claims will be reported for the week of Jan. 6.
- Initial Claims refers to the number of people who filed for unemployment benefits each week as reported by the Department of Labor. Claims will be reported for the week of Jan. 6.
- The Import and Export price index from the Department of Commerce indicates the percentage change in import and export prices. No estimates were available for December, but in November, import prices, excluding oil, fell 0.1 percent from the previous month. Export prices, excluding agriculture, also fell 0.1 percent.
- The Producer Price Index is expected to stay unchanged at 0.1 percent in December. The core PPI, which excludes food and energy prices, is expected to rise to 0.1 percent from 0 percent in November. This Labor Department index tracks the cost of what manufacturers pay for raw goods to make products.
- Retail Sales for the month of December are expected to stay unchanged, compared with November's slide of 0.4 percent. Excluding automobile sales, Wall Street expects retail sales to climb 0.3 percent compared with the previous month's gain of 0.2 percent.