LULU should be thought of as a luxury retailer, which explains the high prices. I think this is a clever business model.
On the negative side, inventories have been increasing faster than COGS. For 2011, 2012 and 2013, inventory has gone from $57mm to $104mm to $155mm, while cost of goods sold has risen from $432mm to $608mm to $654mm. (Source: Morningstar.) But luxury goods vendors can operate with slow inventory turns given their high mark ups (over 50% for LULU).
Intel Breaks ARM, Sends Shares Down 20% [View article]
Sorry, that got scrambled. I meant to write:
What was surprising is that ARMH sold off ONLY 20%, because most media reports just gave the Intel side of the story, rather than seriously looking into the real impact on ARM. (For example, there is no tablet with Intel Inside to test.) The Financial Times and several tech websites, such as the one I cited, did make that effort and wrote balanced pieces.
Fortunately for investors, the stock market determines equity prices, not college students. There is no substitute for research and analysis. Knowledge, experience, and intellectual honesty are also keys to successful investing.
Intel Breaks ARM, Sends Shares Down 20% [View article]
Fortunately for investors, the stock market determines equity prices, not college students.
But the market is not always right. What is surprising is that ARMH was ONLY down 20%, given that the vast majority of media reports, What's surprising is thatlike you, just parroted Intel's marketing, rather What's was surprising is that ARMH sold off ONLY 20% given that the vast majority of media reports just gave the Intel side of the story,
Intel Breaks ARM, Sends Shares Down 20% [View article]
So the market is right when ARMH goes down, but is wrong when it goes up because ARMH is overvalued? Fascinating!
The ARM, Intel and Samsung situation is a lot more complicated than INTC press releases that you parrot and think are gospel truth. Speaking of obsessions: Maybe you buy electronics based on lab bench specs, but what counts for everyone else is the performance of the system, ie, the tablet or smartphone, as determined by an independent, impartial, third party.
TheVerge: DisARMing mobile: is Intel finally ready to live inside your phone? http://bit.ly/18U9ZKC
"The researchers said they found that ARM processors were more power-efficient on single-core performance than the Intel processor, and that ARM chips can scale effectively in HPC environments. On a multi-core basis, the ARM chips were as efficient as Intel x86 chips at the same clock frequency, but Intel was more efficient at the highest performance level, the researchers said."
AMD Launches 'Kabini' And 'Temash' - Is The Company Saved? [View article]
So are these processors ARM or x86 architectures? If the former, how can you write "It's not a performance race with Intel, it's about making money for the shareholders of the company. This is the right product with which to do that, and I think AMD is finally doing what's best for investors" since you believe Intel's newly announced processors will knock ARM out of the box?
I'm curious what your basis is for writing "Anandtech, the world's leading hardware review site..." In my experience reading many tech and semiconductor websites, Anandtech has fewer articles than others. SemiAccurate.com is much better, and ran THREE pieces on May 22 on the new AMD processors, vs. two pieces that Anandtech published on May 23.
And there is a publication that specializes in covering microprocessors: The Linley Group's Microprocessor Report. (I don't read it because it requires a subscription, but I think this has been published for at least 20 years.)
Can Lululemon See Through Its Shorts? [View article]
Thanks everyone for filling me/us in with what they wear and what they see worn in yoga studios. In sum it strikes me that LULU's apparel is high quality and high priced--in short, the luxury brand in yoga clothes. Great marketing to give discounts to yoga instructors!
Can Lululemon See Through Its Shorts? [View article]
The only rational reason I can imagine why LULU can charge such high prices for its yoga clothes (it generates among the highest sales per square foot of any retailer) is that these items are status symbols for those who can afford them. Does anyone on SA buy them or know people who do?
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose [View article]
Great example of the Intel mindset: It's all about transistors. Sorry, investing is about returns, which are based on many factors. If it's all about transistors, perhaps you can explain why INTC's stock has been flat for 5 years, while ARMH's is up about 10X (sorry, I don't have the exact price 5 years ago.)
Lululemon Is Set To Turn Around [View article]
On the negative side, inventories have been increasing faster than COGS. For 2011, 2012 and 2013, inventory has gone from $57mm to $104mm to $155mm, while cost of goods sold has risen from $432mm to $608mm to $654mm. (Source: Morningstar.) But luxury goods vendors can operate with slow inventory turns given their high mark ups (over 50% for LULU).
Intel: 2 Things Desperately Needed After Haswell [View article]
http://bit.ly/11tL0rn
Intel: 2 Things Desperately Needed After Haswell [View article]
http://bit.ly/17FsMM1
Intel Breaks ARM, Sends Shares Down 20% [View article]
What was surprising is that ARMH sold off ONLY 20%, because most media reports just gave the Intel side of the story, rather than seriously looking into the real impact on ARM. (For example, there is no tablet with Intel Inside to test.) The Financial Times and several tech websites, such as the one I cited, did make that effort and wrote balanced pieces.
Fortunately for investors, the stock market determines equity prices, not college students. There is no substitute for research and analysis. Knowledge, experience, and intellectual honesty are also keys to successful investing.
Intel Breaks ARM, Sends Shares Down 20% [View article]
But the market is not always right. What is surprising is that ARMH was ONLY down 20%, given that the vast majority of media reports, What's surprising is thatlike you, just parroted Intel's marketing, rather What's was surprising is that ARMH sold off ONLY 20% given that the vast majority of media reports just gave the Intel side of the story,
Intel Breaks ARM, Sends Shares Down 20% [View article]
The ARM, Intel and Samsung situation is a lot more complicated than INTC press releases that you parrot and think are gospel truth. Speaking of obsessions: Maybe you buy electronics based on lab bench specs, but what counts for everyone else is the performance of the system, ie, the tablet or smartphone, as determined by an independent, impartial, third party.
TheVerge: DisARMing mobile: is Intel finally ready to live inside your phone?
http://bit.ly/18U9ZKC
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose [View article]
http://bit.ly/17c5q0a
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose [View article]
http://bit.ly/170C44Z
"The researchers said they found that ARM processors were more power-efficient on single-core performance than the Intel processor, and that ARM chips can scale effectively in HPC environments. On a multi-core basis, the ARM chips were as efficient as Intel x86 chips at the same clock frequency, but Intel was more efficient at the highest performance level, the researchers said."
AMD Launches 'Kabini' And 'Temash' - Is The Company Saved? [View article]
I'm curious what your basis is for writing "Anandtech, the world's leading hardware review site..." In my experience reading many tech and semiconductor websites, Anandtech has fewer articles than others. SemiAccurate.com is much better, and ran THREE pieces on May 22 on the new AMD processors, vs. two pieces that Anandtech published on May 23.
And there is a publication that specializes in covering microprocessors: The Linley Group's Microprocessor Report. (I don't read it because it requires a subscription, but I think this has been published for at least 20 years.)
Semiconductor Equipment Companies That Are Hot Or Lukewarm [View article]
Thanks a lot for your very informative article!
I just came across the following interesting piece on DSA vs EUV lithography. I'd appreciate your thoughts in general and specifically re: ASML.
Solid State Technology (Electroiq.com):
Extending optical lithography; outlook for DSA
http://bit.ly/11iImdN
Can Lululemon See Through Its Shorts? [View article]
Why Yum Brands' Shares Aren't Cheap [View article]
Yum vows China comeback by 2014
http://bit.ly/10q6w11
Analysts: Yum plans to double U.S. Taco Bell sales
http://bit.ly/10q8fUa
Yum's China Scares Put Growth On Hold [View article]
http://bit.ly/10q6w11
Can Lululemon See Through Its Shorts? [View article]
Structural Change In The Mobile Processor Marketplace: Intel Wins; ARM, AMD Lose [View article]