Xiaomi disclosures push valuation even lower. A disclosure to the Shenzhen stock exchange has revealed the reality of Xiaomi’s financial performance in 2013A. Xiaomi owns stake in Midea group and it was within this company’s disclosure to the stock exchange that the details were to be found. The key disclosure is that in...
Facebook shows the critical nature of optimised experiences. Facebook’s decision to remove Bing is very unlikely to be a sign that there is a new entrant coming to the search market. Facebook recently updated the Graph search tool that helps users find old posts and content from friends and has removed external search results that...
Sony’s advantage already looks to be at risk. Microsoft’s efforts to make up for the disastrous launch of the Xbox One are finally bearing fruit as the Xbox One outsold the PS4 in November. The Xbox One and PS4 are very similar with the PS4 having a slight edge over the Xbox One when it...
Patent royalties will pressure margins further. Xiaomi has hit a road block in India as some of its products have been hit with a preliminary injunction following a complaint from Ericsson for infringement of Standard Essential Patents (SEPs). India is Xiaomi’s first major foray outside of its home market in China and this is likely...
A third way to monetise may be about to emerge. Microsoft’s pricing scheme for Windows 10 has yet to be released but it looks like it will have to rely on a new way to monetise if it is to make money from the smaller sized screen segment. There are three ways to make money...
Only volume can improve profitability. LG’s latest moves show all the signs of a company that has come to terms with its commoditisation. In many ways, LGE is currently better off than Samsung as it does not have the huge burden of expectations of high market share and profitability. LG has been chugging along for...
Alibaba is on the right path with Yun OS. Alibaba is a giant in the e-commerce space but it has very little in the areas that are likely to see the most growth in China over the next 10 years. This is the digital mobile ecosystem and Alibaba knows that it must address this space...
Google must take control to improve the experience. Despite being available for just over one month, adoption by the Android installed base of Android L (“Lollipop” or Android 5.0) is pathetically low at less than 0.1% of the installed base. By contrast, Apple managed to upgrade 46% of its user base to iOS 8 within...
Potential reshuffle fails to fix the problem. It looks as if it’s the head of sales and marketing who is taking the fall for the recent troubles instead of JK Shin. Unfortunately that is likely to achieve nothing. Samsung has had a disastrous six months with both market share and margins decreasing despite large price...
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.
Samsung vs. Apple – No pay day.
A great payments service is not enough to stem the tide. While Apple continues to expand the reach of Apple Pay, Samsung is looking to save its bacon with a competing offering. This would bring Samsung into direct competition with Google Wallet and it is unclear how this relates to the non-compete agreement that the...