Reply to this post Another ruthless demonstration of the value of data. The closing of Twitter’s data feed to third parties is a great example of how valuable user data is becoming and how dangerous it is to have large dependencies in a business model. Twitter announced on Friday (April 10th 2015) that it will...
Reply to this post Lack of innovation is another big problem for PC makers. The Surface pro 3 and now the Surface 3 show that Microsoft is the only PC maker capable of any innovation. Microsoft has launched a little brother to the Surface Pro 3 which differs from its big brother in three ways....
Reply to this post Watch expectations are already beginning to fall. The hype surrounding the Apple Watch is beginning to suffer from a healthy dose of reality causing the loftiest estimates to start falling. The range of sales estimates in the first 12 months is huge with the most bearish on less than 10m units...
Reply to this post Standard Essential Patents not at risk of value collapse. The ongoing fight between Google (Motorola) and Microsoft is at risk of setting a legal precedent that could collapse the value of standard essential patents (SEPs). This particular fight was started by Motorola which sued Microsoft for infringement of its MPEG4 (h.264)...
Reply to this post Samsung appears to have OPEX tightly under control. Samsung has guided to a good set of results as components was strong and OPEX was brought very rapidly under control. Q1 15E revenue and operating profit are expected to come in at KRW47tn and KRW5.9tn compared to consensus at KRW50.1tn / KRW5.5tn...
Reply to this post The disaster of Windows 8 can be made an advantage. The degree with which Windows 8 has failed to capture the imagination of users is clear when one looks at the distribution of Windows versions across the PC industry. The latest data from NetMarketShare shows that despite being in the market...
Reply to this post Apple Pay problematic but better than the rest. Payments are horribly difficult. From vested interests to proprietary standards and a myriad of complexities, getting a mobile payments system to work is a herculean task. This is why I suspect that Apple Pay is experiencing teething problems Research firm Phoenix has conducted...
Reply to this post Little prospect of margin improvement in handsets. Huawei has reported audited 2014A results which showed continued strong growth and profitability. However, it seems very likely that it is the infrastructure and networking business that are generating all the profits leaving handsets barely breaking even. 2014A revenues and EBIT were RMB288.2bn (US$46.5bn)...
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.
Nokia – Here and now
Reply to this post It is too early to sell HERE. It seems that Nokia may be seeking to acquire part of Alcatel-Lucent (I presume the wireless assets) and to pay for it by selling the HERE business. The acquisition of Alcatel-Lucent’s wireless business makes some sense as infrastructure is a brutal market dominated by...