Demand for Qihoo 360 and Check Point Software Products on the Rise as Cybercrime Surges
April 26 2011 - 8:16AM
Marketwired
The surge in mobile device use has increased the necessary reach of
cyber security. Cyber threats have become more sophisticated, as
hackers not only strive to compromise networks directly but also
attack mobile devices that have access to critical infrastructure.
The Bedford Report examines the outlook for companies in the Cyber
Security Industry and provides research reports on Qihoo 360
Technology Co. (NASDAQ: QIHU) and Check Point Software Technologies
Ltd. (NASDAQ: CHKP). Access to the full company reports can be
found at:
www.bedfordreport.com/2011-04-QIHU
www.bedfordreport.com/2011-04-CHKP
The boom in cybercrime has led to a surge in revenues for cyber
security companies which find their products in more demand than
ever. Some companies are looking to cloud computing options as a
way to provide security to mobile devices while others are looking
to embed security in devices.
Recognizing security as a fundamental need of internet and
mobile users, Qihoo 360 offers comprehensive internet and mobile
security products free of charge, providing users with secure
access points to Internet activities. According to iResearch, Qihoo
360 is the top provider of mobile security products in China. Qihoo
360's core mobile security product is 360 Mobile Safe. 360 Mobile
Safe is a security program for the Google Android, Apple iOS and
Nokia Symbian Smartphone operating systems.
The Bedford Report releases regular market updates on the Cyber
Security Industry so investors can stay ahead of the crowd and make
the best investment decisions to maximize their returns. Take a few
minutes to register with us free at www.bedfordreport.com and get
exclusive access to our numerous analyst reports and industry
newsletters.
Earlier this month Check Point Security said revenue rose 15% to
$281.3 million while earnings per share rose 16% to 64 cents in its
fiscal first quarter. The company forecast revenue of $290-$297
million in the second quarter and EPS excluding items of 63-67
cents.
The Bedford Report provides Analyst Research focused on equities
that offer growth opportunities, value, and strong potential
return. We strive to provide the most up-to-date market activities.
We constantly create research reports and newsletters for our
members. The Bedford Report has not been compensated by any of the
above-mentioned publicly traded companies. The Bedford Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at http://www.bedfordreport.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: The Bedford Report Email Contact
Check Point Software Tec... (NASDAQ:CHKP)
Historical Stock Chart
From May 2024 to Jun 2024
Check Point Software Tec... (NASDAQ:CHKP)
Historical Stock Chart
From Jun 2023 to Jun 2024