Many have derided Google for its mishap in releasing its Q3 results early but it seems to me that real mistake has been the $12.5bn acquisition of Motorola Mobility Whichever way you slice the cake, Google has delivered nothing from this acquisition for shareholders. The thumping $527m Q3 12 EBIT loss (of which $376 is...
The notion of a tablet that costs $100 may sound exciting but those that rush out to purchase the device are likely to quickly discover that you get what you pay for. (i.e. not much) Details of a Nexus tablet from Google at $99 have continually surfaced from Asia which combined with Google’s event scheduled...
Q3 reporting got underway last night with both bellwethers IBM and Intel reporting Q3 results. Both sets of results were disappointing and both fell after hours. This was compounded by a failure to beat guidance by cloud computing vendor Fortinet which cost the stock a mere 18%. This sets the scene for a very poor...
Without a shadow of doubt, Android dominates the unit volume statistics but in order to have real long-term value to Google and those who make the devices, the users have to be loyal to the ecosystem. This is where I question the value of Android, as I believe that users have yet to develop the...
It is no secret that Apple is thinking of moving its chip manufacturing from Samsung to TSMC, but while everyone is getting excited about the technology, everyone is ignoring the economics. Apple’s first applications processor was heavily dependent on Samsung technology and ever since Apple’s acquisition of PA Semi it has been working to design...
Share prices, sentiment and outlook for both HPQ and Dell have crashed recently as confidence that Windows 8 will drive a PC replacement cycle has hit rock bottom. Combine this with the impact of a sluggish economy and share losses to tablets, and one can arrive at a view that the PC market and its...
Eric Schmidt (Chairman Google) made an appearance at the AllThingsD conference and completely dissed Microsoft as a potential competitor in the coming ecosystem war. His focus appeared to be very much on Apple as his main rival but quite frankly I think he is barking up the wrong tree. Three things are worth noting: Firstly,...
Expectations were high for the iPhone 5 launch and if Apple had had the devices on hand, it probably would have met them. Hence I believe that the most important thing to consider going forward is that demand for the device is running way ahead of supply and that is likely to result in a...
It is no secret that ARM is looking to replace Intel x86 chips wherever it can. In mobile this has been easy as ARM’s superior power consumption has meant that devices had have had much longer battery life which is a major factor in the user experience. Furthermore, all the software has been written for...
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.
Technology Sector– Bottoms up?
The technology sector had a horrible week last week with bad results from all of the bellwethers and benchmark indices that fell around 4% in the last 4 sessions of the week. This was pretty much across the board from PC makers to semiconductor companies to software and internet companies. The message is clear: The...