Three giants in tech will report earning this week, and here’s the rundown:

• Ebay (EBAY): Wednesday, Ebay will announce its earnings, which are expected to be up 40% from last year, with a 25% increase in sales.
• Microsoft (MSFT): Thursday, Microsoft is expected to disappoint investors with decreased profits, much the same way it has disappointed its users with the delayed release of its next-generation Windows product, Vista. The two are not unrelated, as Microsoft has deferred 1.5 billion in revenue for prepurchased OEM versions of the software until next quarterk, possibly creating a buying opportunity if Thursday’s results are poorer than anticipated.
• AMD (AMD): AMD will announce fourth quarter results Tuesday, revealing exactly how costly the chip wars have been to the Intel (INTC) rival. Intel reported last week that its sales have stabilized and increased steadily after a tumultuous few years of stiff competition from AMD. Further, according to Marketwatch, Intel and Sun Microsystems (SUNW) have reportedly reached an agreement, which would be a hit to AMD, Sun’s sole chip supplier.


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