Reply to this post Amazon and Baidu get back to what they do best. Amazon – Not making money Amazon reported disappointing results and guided weakly as it once again spent everything it could on investing in future revenue growth. Q2 17A revenues / EBIT were $38.0bn / $628m compared to consensus at $37.2bn /...
Reply to this post Community is about cash generation. Facebook reported another set of excellent results and laid out pretty concrete plans of how it aims to put off, for as long as possible, the inevitable slowdown in its growth. Q2 17A revenues / adj-EPS were $9.3bn / $1.32 compared to forecasts of $9.1bn /...
Reply to this post Another smart speaker that badly needs a brain. It looks like Facebook is joining the ever more crowded smart speaker bandwagon, but without a decent brain inside the box, it may as well be a paperweight. One possibility is for the device to use Cortana as it comes from one of...
Reply to this post Core businesses showing signs of maturity. Alphabet reported good Q2 17A results but the fact that it has having to share more of its revenues with third parties is hurting profitability and indicates that growth in its core properties is maturing. Q2 17A revenues-ex TAC / Adj-EPS were $20.9bn / $8.90...
Reply to this post Uber’s dreams of colonisation are slipping away. First Uber lost China, then Russia and now it looks as if South East Asia may go the same way. I am sure that Brazil and India are taking feverish notes. SoftBank and Didi are investing $2bn investment in Grab, the Singapore-based ride-hailing company...
Reply to this post Not a cloud in the sky. A strong finish to the fiscal year cements Microsoft’s positions as the main alternative to Amazon Web Services and as the preeminent provider of a Digital Work ecosystem. FQ4 17 revenues / Adj-EPS were $24.7bn / $0.75 nicely ahead of consensus at $24.3bn / $0.71....
Reply to this post Qualcomm has the stomach for a fight. Despite the seemingly challenging situation the company is currently experiencing, I think the company has a better chance of beating Apple than it did of beating Nokia back in 2006. FQ3 17A revenues / Adj-EPS were $5.3bn / $0.83 compared to consensus at $5.3bn...
Reply to this post AR is alive and well in the enterprise. Amongst a surprising re-launch of Google Glass and a major pivot by Meta, it is increasingly clear that while augmented reality (AR) makes sense in the enterprise, it is years away from the consumer market. Google has quietly relaunched Google Glass as a...
Reply to this post Amazon’s size 12s causes dismay for Blue Apron and Hello Fresh. The saga of Blue Apron is rapidly becoming a horror story that could end in acquisition as I think that rushing to IPO too early has now made it extremely difficult for the company to raise new money. Blue Apron...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
iOS vs. Android – Catch-up
Reply to this post Android is snapping at Apple’s heels. Android is showing signs of catching up with iOS in terms of user spending at the high-end, but further down the pricing tiers and in mobile advertising, I think that iOS remains miles ahead. A recent study of the habits of 1.4m USA based users...