Reply to this post The time to make money has arrived. In the last few weeks Uber’s position in the transportation industry has crystallised meaningfully, meaning that the time for it to make money is here. One large scale loss (China (see here)) is complimented by its dominance in almost the entirety of the developed...
Reply to this post Tencent and Activision can breathe a sigh of relief. Pokemon Go is already showing all the hallmarks of being a craze rather than a revolution as the appeal of the game is already beginning to pall despite only being 6 weeks old. Data from Apptopia shows that daily active users peaked...
Reply to this post Software asset worth buying from a dying Cyanogen. Although, Cyanogen appears to be on its last legs, I think that the software asset that it has developed remains the best alternative to Google Android that is available. The latest twist in the sorry tale of Cyanogen is the claim that management...
Reply to this post I see opportunity but not without risk. Lenovo is hanging on in the difficult markets that it serves, but I think there is an opportunity for it to be as creative in PCs as it has been in handsets. Q1 17A revenues / EBIT were US$10.1bn / $245m nicely ahead of...
Reply to this post Tencent remains a few steps away from greatness. Tencent followed Alibaba in reporting a mighty set of numbers driven not by user numbers, but by its ability to generate more revenues from the users it already has. Q2 16A revenues / EPS were RMB35.7bn / RMB1.13 compared to forecasts of RMB33.3bn...
Reply to this post Amazon still misses the wood for the trees. Twitch has announced that it will be acquiring Curse which further underlines how disparate and independent Amazon’s properties are and how far Amazon is from becoming a real ecosystem. Twitch is a website that streams gaming videos and has created a community around...
Reply to this post Falling revenues reduces valuation to $3.6bn (92% below last raise). Xiaomi has slipped to number 3 in its home market which combined with stagnation overseas continues to make the outlook increasingly bleak. Counterpoint Research indicates that in Q2 16A Xiaomi shipped 12.6m units (a decline of 26% YoY) in China and 14.5m...
Reply to this post Russian ruling could have global implications. Although the Russian complaint against Google is a sideshow compared to the EU, it could materially weaken Google’s global agreements that allow it to ensure its ecosystem is on almost all Android devices in developed markets. The Russian regulator (FAS) has already fined Google $6.75m...
Reply to this post Improving monetisation underpins mighty numbers. Alibaba reported very strong FYQ1 16A results as a very good performance in e-commerce was enhanced even further by Alicloud and the investments Alibaba has made in the ecosystem. FYQ1 16A revenues / EBIT were RMB32.15bn / RMB8.8bn compared to consensus at RMB29.8bn / RMB8.5bn and...
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.
Leap Motion – Second lap
Reply to this post This reinvention makes more sense Following on from the mess of its first launch in 2013 (see here), Leap Motion has now shifted its focus from PCs to Virtual Reality (VR) which is a use case that makes far more sense. The original idea was to use the Leap Motion controller...