Reply to this post Uber’s dreams of colonisation are slipping away. First Uber lost China, then Russia and now it looks as if South East Asia may go the same way. I am sure that Brazil and India are taking feverish notes. SoftBank and Didi are investing $2bn investment in Grab, the Singapore-based ride-hailing company...
Reply to this post Not a cloud in the sky. A strong finish to the fiscal year cements Microsoft’s positions as the main alternative to Amazon Web Services and as the preeminent provider of a Digital Work ecosystem. FQ4 17 revenues / Adj-EPS were $24.7bn / $0.75 nicely ahead of consensus at $24.3bn / $0.71....
Reply to this post Qualcomm has the stomach for a fight. Despite the seemingly challenging situation the company is currently experiencing, I think the company has a better chance of beating Apple than it did of beating Nokia back in 2006. FQ3 17A revenues / Adj-EPS were $5.3bn / $0.83 compared to consensus at $5.3bn...
Reply to this post AR is alive and well in the enterprise. Amongst a surprising re-launch of Google Glass and a major pivot by Meta, it is increasingly clear that while augmented reality (AR) makes sense in the enterprise, it is years away from the consumer market. Google has quietly relaunched Google Glass as a...
Reply to this post Amazon’s size 12s causes dismay for Blue Apron and Hello Fresh. The saga of Blue Apron is rapidly becoming a horror story that could end in acquisition as I think that rushing to IPO too early has now made it extremely difficult for the company to raise new money. Blue Apron...
Reply to this post The way in China is wide open for Baidu. Baidu’s strategy around its AI platform and its Duer OS has become clearer and with the support of a large number of chip vendors, it is in pole position to be a major player in smart connected devices in China. DuerOS is...
Reply to this post Uber bails from another fight it was not going to win. Yandex and Uber are merging their ride hailing businesses in Russia and surrounding countries but it is clear to me that the real winner here is Yandex that has managed to send Uber home with its tail between its legs....
Reply to this post Management does not have the luxury of choice. Poor monetisation strategy and a lack of fiscal discipline is likely to ensure that SoundCloud ends up being forcibly acquired by one of its rivals when it finally runs out of money. From looking at the contenders, I think Google Music looks like...
Reply to this post Twitter remains by far the better choice Reality is beginning to set in for Snap Inc. but I think that the shares still have some distance to go before there is an opportunity to snap up a bargain. A major downgrade by one of its underwriters taking the target price from...
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.
Alphabet – Other people’s money
Reply to this post Core businesses showing signs of maturity. Alphabet reported good Q2 17A results but the fact that it has having to share more of its revenues with third parties is hurting profitability and indicates that growth in its core properties is maturing. Q2 17A revenues-ex TAC / Adj-EPS were $20.9bn / $8.90...