SA Editor Eric Jhonsa

Tech
SA Editor Eric Jhonsa
Tech
Contributor since: 2015
Company: Seeking alpha
The phone sales decline was mentioned in yesterday's post.
http://seekingalpha.co...
Some of this, of course, is due to Nadella accepting industry realities (unlike Ballmer) and trying to keep the phone business from generating a ton of red ink.
I think MFLX qualifies as a circuit board contract manufacturer. Admittedly, their work is different from that of contract manufacturers building fully-fledged hardware systems.
Thanks for the heads-up. I edited the post to get rid of the typo.
I think the buybacks were expected - there were $13.3B in repurchases in FQ4. It was more the GM beat and the revenue mix shift towards iPhones (due partly to a higher ASP).
It'll be going to Leidos shareholders. However, with Lockheed set to own 50.5% of the company post-merger, they'll get a large chunk of the proceeds.
Actually, Intel suggested both PC and data center (server CPU) sales are being affected, with the weakness a little stronger for PCs. From Intel's conference call:
http://seekingalpha.co...
<< Vivek Arya
Thanks for taking my question. First, Brian, you mentioned that there is some uncertainty near-term in the broader environment. I was hoping you could provide us some more color around that if possible by your different segments and perhaps by geography.
Brian Krzanich
Sure, Vivek. It is the same type of trend we saw in 2015, emerging markets slower than the mature markets, U.S., Western Europe looking okay. China and the rest of Asia, slow. It was both, consumer and enterprise. I would say it is a little bit heavier on the client-side, so the PC side than the data center side, but we are seeing some of it on the data center side as well and those are the two big drivers and it is all the same geography. >>
A PR announcing the class-action suit wasn't issued until the 2:51PM on Jan. 5. Thus, it's hard for FIT to sell off on the morning of Jan. 5 (as it did immediately after the Blaze was unveiled) because of it.
http://bit.ly/20gO9Mb
Moreover, the class-action suit isn't FIT's first, and is the kind often encountered by consumer electronics companies (Apple and Samsung have faced plenty of them). Also, it wasn't stated in this post the Under Armour launch was the primary reason FIT sold off. The market's reaction to the Blaze unveiling (also mentioned) was quite possibly a bigger factor.
Constructive criticism is welcome. However, your posting history on SA comment threads suggests to me that you frequently attempt to denigrate SA's news coverage as a means of promoting your own material.
Or it could just be that some hedge fund decided today was a good day to buy :). Less than $1M worth of shares were traded, so it only takes one or two buyers with some funds to move the stock.
The Inox deal was announced in December, and covered then. Pretty sure that wasn't responsible for today's move.
http://seekingalpha.co...
It was down more earlier. Looks like it pared its losses in recent trading.
Wasn't announced previously. Anadigics says in today's PR Party B made $0.68/share and $0.70/share offers. I'm guessing the $0.70/share offer features less of the protections Anadigics is seeking.
Thanks for the catch. Looks like there was an error in the PR (refers to the place as the Paul Shaffer Institute). The post has been edited.
You're right. Updated the post to note the ATM offerings.
Huh? I'm seeing comments from four different analysts with bullish ratings in the post. As you may know, an analyst can cut his/her target while maintaining a Buy rating or its equivalent.
GPRO's selloff might've played a role. That said, AMBA fell more than twice as much as GPRO. And though Barclays cuts its target, it's still bullish:
http://bit.ly/1MZSh9Q
There's nothing wrong with linking to an article (whether published on SA or elsewhere) that's relevant to a discussion. My criticism was about not sharing your opinion on a matter over here, and rather saying in effect, "Click here to find out what I think."
Thanks for the positive feedback.
<< but perhaps they get all the opinion they need, presented as fact, by an SA Editor who "specializes" in all of technology >>
Your sarcasm aside, I have more than four years of experience covering tech news, and much of it involves covering stories that move stocks. That's given me a healthy understanding of what kind of events are and aren't responsible for big moves in companies like INVN.
I certainly won't presume to be perfect, but when I express an opinion on why a tech stock is moving, it's an opinion borne out of considerable knowledge and experience. In this case, I know from that experience downgrades such as Rosenblatt's typically have an effect on small-cap names such as INVN, particularly when the downgrade is accompanied by the reporting of events (e.g. Samsung share loss, gyroscope price pressure) that could make investors nervous.
<< In either case, every single page on SA's public site, including this news item, is to drive clicks, and you get what you pay for. >>
There's a big difference between providing content one hopes people will find useful and read (something nearly every site tries to do), and providing material that deliberately avoids sharing a particular fact or opinion in order to drive traffic to some other place where the fact or opinion is spelled out. The latter is often referred to as clickbait.
Again, if you want to disagree with my take, feel free. Please just do so over here, as other commenters would, rather than trying to drive readers somewhere else.
INVN is lower because of the Rosenblatt downgrade, and perhaps also because of the QRVO/CRUS warnings. Some other iPhone suppliers are now trading higher (some bad iPhone-related news was already priced in), so the warnings may or may not be hurting INVN.
Intel's latest Curie announcement was made three days ago, and beyond that, Curie has been expected for a long time. Thus I think it's unlikely Intel's announcement is having a big impact.
You're free to disagree, but if you do, please share your thoughts on why you think INVN is lower on this comment thread, rather than trying to drive clicks to an article or promoting some other content.
The Drive PX2, like the current Drive PX, has two Tegra processors. You can see a picture of what the Drive PX looks like on Nvidia's site (scroll down to the part that says The Platform):
http://bit.ly/1LDg67R
Sorry - tickers were automatically added due to NGL and PDP being in brackets in the PR text. The tickers have been removed.
Apple also buys LCDs from Sharp and Japan Display, so it's possible LG will gain share if Apple adopts OLEDs and only relies on Samsung/LG. But with Japan Display also investing in OLED production, that's definitely not a given.
I think it's due to the fact that Universal's business solely revolves around OLEDs, whereas LG Display is also an LCD supplier, including for Apple. Thus the financial impact of Apple using OLED iPhone displays (in terms of revenue/EPS growth rates) would be bigger for Universal than LG.
Thanks for the heads-up. Turns out indirect holdings now total 313K, and direct holdings 1.69M. The post has been corrected.
News posts are short-form material, and as such, often contain different content than would appear in a standard article. Posts relaying earnings figures (revenue/EPS) and dividend announcements are two such examples. Posts highlighting a few articles (on SA or elsewhere) that editors found interesting are another example.
Also, I disagree with your characterization of the linked articles as "clickbait." The first two provided interesting food for thought about recent tech trends, while the third focuses on a particular tech trend relevant to a widely-followed company (Apple). Seeking Alpha doesn't get compensated if you click on one of the links.
The PR for the Netflix deal was released at 11AM ET. That's right when WILN spiked.
You might be right. Updated the post to note NKE's earnings.
The music app in questions contains the music player, the subscription service, and iTunes Radio. Nielsen reports 26% Y/Y user growth for the app. That wouldn't be possible if we were just talking about the Apple Music service, since it didn't exist a year ago.
Regarding point #1, not all iPhone users actively use the music app. Also, 57% of US smartphone users (per Nielsen) use something other than the iPhone.
Just to spell it out, the Apple Music service isn't the same as the Apple Music app. A lot of people (I'm one of them) use the Music app to play music from their library or listen to iTunes Radio without subscribing to the Apple Music service.
Nielsen's figure covers total smartphone users of the Music app (8 years old now and rarely if ever referred to as a flop), rather than users of the Apple Music service (called by some a flop, though I don't think it really is).
I don't remember anyone ever calling Apple's iOS music player a "flop."
Apple's music app (now called Apple Music) is in the top-10. Features the Apple Music service, but also the music player, iTunes Radio, etc.
Vance's article suggests Musk made a real attempt to recruit Hotz:
http://bloom.bg/1P8xxCU
"A friend introduced him to Musk, and they met at Tesla’s factory in Fremont, Calif., talking at length about the pros and perils of AI technology. Soon enough, the two men started figuring out a deal in which Hotz would help develop Tesla’s self-driving technology. There was a proposal that if Hotz could do better than Mobileye’s technology in a test, then Musk would reward him with a lucrative contract. Hotz, though, broke off the talks when he felt that Musk kept changing the terms"