Going private at $4.7bn is the absolute best case. The bean counters are out in force, and with Fairfax’s deadline approaching everyone is trying to work out what BlackBerry is actually worth. The assets for consideration are: The device business The service business BlackBerry Messenger The patent portfolio $2.6bn in cash. It is consensus that...
I expect a good launch event, with one glaring exception. Nokia is holding its annual Nokia World event in Abu Dhabi this week. This is the event where Nokia gets together with the developers to keep them informed and enthusiastic about developing software for its products. Tomorrow is expected to see the launch of a...
HTC started life as an ODM. That’s where it could end. Amazon has been in the tablet market for some time and it is only a matter of time before it enters the handset market. Handsets are considerably more difficult to get right than tablets and hence it makes sense for Amazon to consider a...
Alibaba is flying. Core business is waiting. Yahoo! reported reasonable Q3 results which where more driven by events at Alibaba than by the progress being made on the core business. Q3A Revenues / EPS were $1.08bn (ex-TAC) / $0.34 which was broadly in line with estimates at $1.08bn / $0.33. Forecasts were soft with Q4E...
If broadcast TV is smart, it will do a deal with Netflix. Netflix is on a similar path that Google, Microsoft and others found themselves on some time ago and where they failed, Netflix might just succeed. Netflix is trying to convince the broadcasters to put its application onto their hardware and thereby massively increase...
Microsoft’s new CEO must be an outsider. I do not envy John Thompson. The fate of one of the worlds great companies rests on his shoulders and being on the inside makes it much harder to see the wood for the trees. The biggest choice to make is whether to pick and insider or an...
The iPhone 5c is performing far below expectations. Apple has been keeping it quiet but it is patently clear that the iPhone 5c is simply not selling in anything like the kind of volumes that Apple was hoping for. The Chinese are reporting that manufacturing orders are being cut in half from an already tiny...
Microsoft’s relationship with its partners has never been worse. For the last 10 years when Microsoft’s has dabbled in hardware, its partners have watched it with a wary eye but the Surface was a game changer. This was admitted in the open for the first time by Meg Whitman at the HPQ analyst day. “Outright...
It is pointless but that does not matter. Samsung has finally launched a curved display device. It is the Samsung Galaxy Round which has a 5.7” AMOLED display with a very slight concave shape. It also has a 13MP camera, 1920×1080 resolution, a 2.3Ghz processor and is 7.9mm thin. As a result of the curved...
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.
Google Q3 – Strength to strength
Good results mask corporate governance shortcomings. Google reported good Q3 results as market share inched up and its new ways of attracting advertisers gained traction. Q3 Revenues (ex-TAC) / EPS were $11.92bn / $10.74 beating estimates of $11.64bn and $10.36. Growth was particularly strong on Google properties which saw 22% YoY growth to $9.4bn. This...