Reply to this post This is the beginning of the pause I have been looking for. Facebook reported excellent Q3 16A results but it was made clear that the slowdown that I have been anticipating is now upon us. Q3 16A revenues / EPS were $7.01bn / $1.09 compared to forecasts of $6.92bn / $0.97....
Reply to this post Facebook does not intend to play second fiddle to Tencent for long. Facebook is increasing its position in gaming aiming to come at this critical Digital Life service from all angles to ensure that it ends up dominating the segment in developed markets. Facebook has launched a new app for the...
Reply to this post Huawei and Xiaomi need a deal with the BATmen. The rise of Vivo and Oppo in China against incumbents Huawei and Xiaomi is just another indication that all of the value in the handset industry has long been ceded to the ecosystem. The Chinese ecosystem is almost completely dominated by the...
Reply to this post Chinese regulatory risk laid bare in Baidu’s latest earnings report. Baidu reported a difficult set of results where increasing government regulation of digital advertising has hammered its short-term growth. Q3 16A Revenues / Adj-EPS were RMB18.25bn / RMB9.92 compared to forecasts of RMB18.21 / RMB7.34 and RFM at RMB18.5bn / RMB7.86...
Reply to this post Solid quarter at Google but Amazon slips back into bad habits. Twitter in limbo. Alphabet Alphabet reported good results as recent strength that it has seen in advertising from mobile devices and YouTube continued to underpin growth. Q3 16A revenues-exTAC / adj. EPS were $18.3bn / $9.06 compared to consensus at...
Reply to this post Microsoft is so focused on the future that it misses the opportunity in the present. Microsoft has moved even further away from the consumer with its Creators Update for Windows 10 and the launch of the Surface Studio complete with the Surface Dial accessory. At the same time, Microsoft continues to...
Reply to this post Margin pressure from product mix is not a problem. Apple reported results that broadly met expectations although slight weakness in profitability is an indicator that some users are buying the cheaper iPhone 6s rather than the 7. FQ4 16A revenues / EPS were $46.9bn / $1.67 compared to consensus at $47.0bn...
Reply to this post Still, no one knows why they should buy one. Apple Watch 2 has failed to revive the flagging smartwatch market in yet another sign that wearables remain a solution looking for a problem. The latest data from IDC shows that the smartwatch market (a subset of wearables) declined by 51.6% YoY...
Reply to this post Qualcomm thrashes Intel but not where it really matters. It appears that Qualcomm has once again demonstrated superiority over its peers when it comes to radio but I think it highly unlikely that users will notice. Radio performance analysis specialists Cellular Insights have run a series of tests on the iPhone...
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.
Fitbit and GoPro – Horrific Halloween
Reply to this post I see acquisition as the endgame for both players. GoPro and Fitbit have both been hit again by the simple fact that their products are commoditising and that they have been late to generate user stickiness through the ecosystem. Fitbit reported Q3 16A revenues / adj-EPS of $504m / $0.19 compared...