Reply to this post Technology is there but size is miles off. While I do believe that Magic Leap is capable of producing an augmented reality experience (AR) that far outstrips anything its peers are offering, I think it is years away from fitting that technology into anything that a consumer will tolerate. The latest...
Reply to this post Trump card fails to win the trick. Despite becoming a major channel for the White House to communicate with voters, the realities of Twitter’s situation have continued to dominate its financial performance. Q4 16A revenues / Adj-EPS was $717m / $0.12 badly missing consensus at $740 / $0.23. Monthly active users...
Reply to this post VR seems only to be popular at trade shows. After a very disappointing 2016, Virtual Reality looks set to have another disappointing year in 2017 while its proponents work out how to fix the issues that keep it from being a success. The latest blow is the removal of 200 out...
Reply to this post Facebook and Alphabet are worlds apart when it comes to AI. While Google is pushing the boundaries of artificial intelligence forward, Facebook is making excuses for its inability to control hate speech highlighting once again who is the leader and who the laggard in the field of AI. Google has demonstrated...
Reply to this post Xiaomi and Huawei go in different directions. While commentators are absorbed with Apple’s (almost certainly temporary) No. 1 position in the smartphone market and Oppo’s ascendency in China, no-one seems to have noticed a good recovery at Huawei and that things are looking increasingly dicey at Xiaomi. IDC has released its...
Reply to this post GoPro needs something special to fend off Shenzhen. GoPro released another set of awful results highlighting how much damage its failure in execution and software has done to its long-term prospects. The problem essentially is Shenzhen, which makes much cheaper cameras that are just as good and drones that are better....
Reply to this post I see only pain for investors paying $22.5 at the IPO. $20bn – $25bn is at least 32% too much to pay for investors who will also have no say whatsoever in how the company is run despite having significant skin in the game. Snap Inc. has published its S-1 document...
Reply to this post Facebook intends to kill the YouTube star. Facebook reported good results and highlighted that while 2017 would be much slower, video is the current priority to drive the next leg of growth. Q4 16A revenues / Adj-EPS were $8.81bn / $1.41 nicely ahead of consensus at $8.51bn / $1.31. Mobile was...
Reply to this post iPhone benefits where Google could not. Apple released excellent results highlighting that contrary to my previous view, iOS has been the main beneficiary of Samsung’s recent woes. FQ1 17A revenues / Adj-EPS were $78.4bn / $3.36 compared to consensus at $77.3bn / $3.22. iPhone was the main driver of the upside...
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.
Baidu – One trick pony?
Reply to this post Baidu may be giving up on its ecosystem. There is little doubt that Baidu’s investments outside of its core search offering have proven expensive, but it appears that Baidu may be losing the stomach to endure the heavy losses required to build an ecosystem. The three assets in particular are Nuomi,...