Google and Samsung – Engineering disease pt. IV
Samsung inches towards a cure. Not only are Google and Samsung in discussions for Google to have a bigger role on Samsung handsets (see here)...
Zoom – Perfect pandemic.
Momentum crushes valuation. Zoom reported outstanding results driven by the work from home trend that has been triggered by the pandemic but as usual, the...
TikTok – Replaceable parts.
China does Facebook et al a favour. China’s move to obstruct the sale of the international operations of TikTok is a self-defeating move that increases...
Huawei – Nowhere to run pt. XXI
India is a blow upon a bruise. India’s move to stop Indian operators from using Chinese telecom equipment vendors looks bad for Huawei but it...
SoftBank and Arm – Arm’s off.
Arm looks to be off the table. The reorganisation of Arm that was announced last month (see here) has been cancelled in what I think...
Ant Group – Master and commander.
Valuation is reasonable. Governance is not. There is no doubt that Ant Group is a powerhouse of digital financial services and while the valuation is...
The IPO Signal – FAANGs out.
A rush of IPOs is a warning signal. The sudden rush of technology IPOs is indicative of a sector where valuations are becoming stretched and...
Epic vs. Apple – A right Battle Royale pt. II
Apple is somewhat on the backfoot. Apple and Epic have both upped the ante in their fight over app store fees, but there are signs...
Alibaba FQ1 2021 – Poor man’s Amazon
No FOMO here. Alibaba reported good results as it continued to benefit from the same trends that have driven Amazon during the pandemic. Alibaba sells...
About Me
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.
App economy – A bearish proposition.