Reply to this post Sending an algorithm to prison is pointless. Google has managed to get the National Highway Traffic Safety Administration (NHTSA) in the US to recognise the AI system of an autonomous vehicle as the driver. This is well and good and represents a small step forward in fitting autonomous vehicles into the...
Reply to this post The realisation that free internet is a myth is slowly dawning. Wired is the latest publication to insist that users either turn-off ad blocking software or pay a subscription to access its website. Wired will charge $3.99 per month to users who block its ads which is very similar to the...
Reply to this post H5OS likely to struggle against tried and tested native. Acadine Technologies, a well-funded Chinese start-up is aiming to breathe new life into the zombie that was once Firefox OS. Acadine Technologies is a Hong Kong based start-up that has received $100m in funding from Tsinghua Unigroup which is directly linked to...
Reply to this post Music label largesse signals a weakening position. Warner Brothers and Sony have both announced that they will share windfall profits that they earn from the streaming companies with artists. This relates to the return that they make from their shareholdings in the streaming companies which many have taken in part payment for...
Reply to this post Now comes the hard part for Lenovo. Lenovo reported a difficult results where market conditions marred what was another quarter of solid execution. FQ3 15A revenues / EBIT were $12.9bn / $379m behind consensus revenues of $13.3bn but nicely ahead of consensus EBIT of $360m. The PC market did most of...
Reply to this post Yahoo’s strategy has McKinsey written all over it. Yahoo reported another lacklustre set of results and its strategic update gave every indication of being written by McKinsey rather than Yahoo. Q4 15A revenues-ex TAC / ADJ-EPS were $1.0bn / $0.13 a bit better than consensus at $948m / $0.12 but still...
Reply to this post Great numbers, bad dependency on Apple. Alphabet reported very strong results as high end users shifting to the iPhone improved Google’s ability to monetise its services. Q4 15A revenues-ex TAC / EPS were $17.2bn / $7.06 compared to consensus at $16.9bn / $6.56 and RFM at $16.2bn / $8.42. Alphabet split...
Reply to this post A slowdown at Alibaba is inevitable. Alibaba reported good FQ3 15A results but there are signs that the outlook going forward will be somewhat slower than the market would like. FQ3 15A revenues / Adj-EPS were RMB 35.5bn (US$5.3bn) / RMB 6.43 (US$ 0.99) comfortably ahead of consensus at RMB 33.0bn...
Reply to this post Microsoft and Amazon have a very different day. Microsoft FQ2 16A. Microsoft reported steady results as Office 365 and cloud services more than offset the weakness in the PC market. FQ2 16A revenues / Adj-EPS were $25.7bn / $0.78 compared to consensus at $25.3bn / $0.71 and RFM at $26.5bn /...
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.
Twitter Q4 15A – Live torpedo.
Reply to this post Periscope needs to dodge Facebook’s live video torpedo. Twitter reported good results but the problem with its user growth (or lack of it) is continuing to hamper its long term prospects. Q4 15A revenues / Adj-EPS were $710m / $0.16 compared to consensus at $710m / $0.12. Although the GAAP numbers...