Reply to this post Fitbit has earned time to develop its ecosystem. Fitbit reported good Q2 16A results as demand continues to be steady while the company works on its ecosystem. Q2 16A revenues / adj-EPS were $586.5m / $0.12 compared to consensus at $578.2m / $0.11. 7m devices were shipped (up 27% YoY) which...
Reply to this post Samsung’s cycle still has some distance to run. Although Samsung appears to have recovered its mojo, I think that it is merely enjoying a product cycle which at some point will come to an end. This mojo was underscored by a successful launch event for the Galaxy Note 7 that went...
Reply to this post HERE offers much more for $500m. I think that $500m would be much better spent in becoming a meaningful shareholder of HERE and getting a leading seat at the table of the only independent game in town. It appears that Uber intends to invest $500m in creating its own map in...
Reply to this post Uber exits China. Didi will become the one. Hot on the heels of the legalization of ride hailing in China, it looks as if the two big players will now merge to create a single entity that will dominate the local market. This is the classic end game scenario for...
Reply to this post Alphabet and Amazon both have a good night. Good Q2 16A results from Amazon and Google but a muted market reaction underscores that their valuations are both already pretty full. Alphabet Q2 16A Alphabet reported good results as usage of Google Mobile Services (GMS) continued to underpin search revenues which combined...
Reply to this post Facebook and Twitter going in opposite directions. Facebook and Twitter report very different results, highlighting the gulf between the haves and the have-nots in the digital ecosystem. Facebook Q2 16A Facebook reported very strong results as it continued to improve the degree to which it is able to monetise its users...
Reply to this post Apple as a bond is yielding 9.8%. Apple reported better than expected Q3 16A results as the iPhone SE sold better than its predecessor, the iPhone 5c, despite a much larger than expected channel inventory reduction. Q3 16A revenues / EPS were $42.2bn / $1.42 compared to consensus at $42.1bn /...
Reply to this post Long-term investors pay heavily in lost opportunity. Only in the context of Yahoo’s awful execution over the last 4 years can the sale of its operating business be called a good deal for investors. Yahoo has agreed to sell its operating businesses excluding cash, patents and investments to Verizon for...
Reply to this post The best option is to sell itself to China. There are further signs that Cyanogen is in trouble as it is laying off staff and may be about to go through yet another change in strategy. This is a far cry from 12 months ago when it had $80m in the...
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.
Google vs. Facebook – Almost the final frontier
Reply to this post In India, Google and Facebook’s rivalry is clear. India is one of the last remaining Internet wildernesses and in this market, Google is comfortably ahead of its arch rival, Facebook. India has 1.3bn people where only 35% of the population (462m) have access to the Internet. It is further complicated...