Reply to this post Security issues highlight more pressing problems. Google is trying hard to fix the endemic security issues that continue to plague Android devices but unfortunately it is making almost no progress. Since August 2015, Google has been releasing monthly security updates to address the security flaws but there are two big problems....
Reply to this post Gap between ecosystem and hardware to increase this year. As the slowdown in the smartphone market is more severe than even I had expected, it is Xiaomi that is looking like it is in real trouble. Smartphone and ecosystem Q1 16A smartphone shipments look they have been flat or declined as...
Reply to this post Both companies being driven by new businesses. Amazon Q1 16A. Amazon reported mighty results as Amazon Web Services (AWS) grew by 64% YoY and contributed 55% of group EBIT despite only contributing 9% of total sales. Q1 16A revenues / EBIT / EPS were $29.1bn / $1.07bn / $1.07 compared to...
Reply to this post A stick in the eye for corporate governance. A great set of results was marred by the timely announcement of a share split that further strengthens the founders’ grip on the company to the detriment of all other owners. Q1 16A revenues / adj-EPS were $5.4bn / $0.77 compared to...
Reply to this post Cash flow is king when growth deserts. Apple FQ3 16A. Apple reported difficult FQ2 results but critically, iPhone shipments fell by far less than many had feared, confirming my view that this is the end of a cycle not a secular decline. FQ2 16A revenues and EPS were $50.6bn / $1.90...
Reply to this post Like the television, I think the car will never launch. While I am sure that Apple is engaged in building an autonomous automobile, I think that it is finding it much harder than expected and I still do not expect it to ever launch. I think that this is similar...
Reply to this post Signs of progress at last. Amazon is finally showing some early signs that it is beginning to understand the value that creating an ecosystem could bring to its bottom line. Amazon’s has made some changes to its Amazon Prime as well as to its Twitch website which point to expanding coverage...
Reply to this post Microsoft and Alphabet compound Ericsson’s and Intel’s woes Microsoft FYQ3 16A Microsoft reported reasonable results as the weakness in the PC market did not hurt the company as much as Intel’s troubles lead me to fear. FYQ3 16A revenues / adj-EPS were $22.1bn / $0.62 compared to consensus at $22.1bn /...
Reply to this post The EU kicks off a lengthy war with Google over Android. Google has been formally accused by the EU of abusing its dominant position in Android to the detriment of its competitors and EU based users in general. The accusation takes the form of a Statement of Objections following an initial...
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.
Autonomous Auto – Men and dogs
Reply to this post I see a shake out with only a handful surviving. Just as in 2011 when every man and his dog was building an app store, now everyone is trying to build an autonomous vehicle. Just as it was with app stores and every other technology craze before it, only a very...