Reply to this post A modular device is far harder than it sounds. Google is continuing to struggle with Project Ara underlining the fact that making a mobile device that is modular is much more difficult than one would think. Google was planning on launching its modular device in Puerto Rico this year but that...
Reply to this post There’s nothing wrong with being a component company. The latest flagship devices continue to show very clearly where Samsung’s future lies and it is not in being a highflying phone maker. Samsung has launched two new devices, Galaxy Note 5 and the Galaxy 6 edge+. The Note 5 is the next...
Reply to this post One to watch but its scary ride right now. Lenovo reported disappointing Q1 16A results as the weak PC and aggressive smartphone competition market triggered weak sales and OPEX declines could not keep up. Q1 16A revenues / EBIT were $10.76bn / $96m compared to estimates of $11.85bn / $157m....
Reply to this post Good growth but not good enough. Alibaba disappointed the market with its Q1 16A results as the slowdown in China has proven to be un-escapable. Q1 16A revenues / EPS were US$3.2bn / US$0.59 compared to estimates of $3.15bn / $0.58. Revenue grew a very healthy 28% YoY but this is...
Reply to this post Alibaba is evolving to become the Amazon of China. With its 20% investment in Suning, Alibaba is starting look more and more like Amazon. Alibaba is investing $4.63bn for a 19.99% stake in Suning which is one of the largest consumer electronics retail chains in China. At the same time, Suning...
Reply to this post Many birds hit with one stone but the elephant is missed. Google’s restructuring should bring some improved visibility and flexibility into Google (the birds) but the corporate governance problem (the elephant) looks certain to remain. Google has announced that it is to reorganise into a holding company called Alphabet within which...
Reply to this post Spotify net adds is the key metric to watch. Apple has announced that it has signed up 11m trial members for its streaming music service of which 2m have opted for the $14.99 family package for up to 6 members. Whichever way one slices the data, these are excellent numbers and...
Reply to this post Hopes for recovery exist in virtual reality. HTC reported Q2 15A results that were in line with reduced expectations but admitted that there is far worse to come in Q3 15E. Q2 15A revenues / EBIT was NT$33.0bn / LOSS NT$5.1bn which was in line with the guidance given at the...
Reply to this post Fitbit showing every sign of doing a GoPro. Fitbit reported blowout Q2 15A results but the shares fell 16% as gross margins saw some pressure from product mix. Q2 15A revenues / EPS were $400m / $0.21 compared to estimates at $319m / $0.08. Q3 15E revenues / EPS are forecast...
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.
BlackBerry – Horrible hybrid.
Reply to this post More experimentation produces no improvement. Yet another experiment that looks almost certain to fail, should begin to hammer home the reality that BlackBerry has no future in hardware. This time BlackBerry has taken a regular Android device and fitted it with a slide out keyboard which is expected to launch to...