Reply to this post The end of the iPhone 6 product cycle is normal and expected. It is starting to appear that the iPhone 6s is performing as I have been expecting rather than as the bulls are hoping. The last week has seen a raft of signals coming from the supply chain that instead...
Reply to this post Africa should help volumes but not margins. Moving into Africa might help Xiaomi’s volume shipments but margins are going to remain under severe pressure in this market. Xiaomi has entered into a distribution relationship with Mobile In Africa Group to distribute its devices in Nigeria, South Africa and Kenya. This looks...
Reply to this post Short-term progress at the expense of the long-term. . Sony reported Q2 15A results that beat expectations but I think that it is returning to a silo mentality that will damage the long term opportunity. Q1 15A revenues / net income were JPY1,901bn / JPY33.6bn ahead of consensus at JPY1,879 /...
Reply to this post Merging Chrome OS and Android is really about control. I suspect that the real aim of bringing Chrome OS and Android closer together is to allow Google to increase the level of control that it has over the Android OS. The wires are alive with speculation that Google intends to merge...
Reply to this post Samsung is starting to look more like a mature, grown up company. Samsung reported reasonable Q3 15A results as the semiconductor powerhouse more than made up for the weaknesses elsewhere. Q3 15A revenues and EBIT were KRW51.68tn / KRW 7.79tn in line with guidance given earlier in the month of October...
Reply to this post Apple in line, Twitter miss and Alibaba beat. Apple reported a steady quarter while Twitter’s problems remain unresolved and Alibaba used mobile to defy the slowing Chinese economy. Apple Apple reported a steady quarter and set itself up for a good holiday quarter despite troubling rumblings from its supply chain. Fiscal...
Reply to this post Security and a good user experience are almost mutually exclusive. I continue to believe that the trade-off between ease of use and security remains the single biggest impediment to the take-off of mobile payments. In 2012 every man and his dog was creating an app store as this was then a...
Reply to this post I think Apple is going after radio more than streaming. Pandora reported bad Q3 15A results and guided weakly mostly as a result of losing users caused by the launch of Apple Music. This further reinforces my view that the real target of Apple Music is radio rather than recorded music...
Reply to this post Three strong earnings reports but for very different reasons. Microsoft, Alphabet and Amazon all saw strong after-hours performance following their results but for very different reasons. Alphabet Alphabet reported good results as traffic growth from mobile and YouTube were somewhat stronger than expected. However, it was the promise of better fiscal...
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.
Facebook Q3 15A – Hidden dip
Reply to this post I see a correction before Facebook fulfils its real potential. Facebook reported excellent Q3 15A results but the somewhat lacklustre response of the shares in after-hours trading indicates just how much is already built into expectations. Q3 15A revenues / EPS were $4.5bn / $0.57 compared to consensus at $4.4bn /...