PPS should drift down to $8 in anticipation of weak next Q imo
Apple to introduce $800 IPad....
After the next earnings we should start to go up again.
Lots of real estate is leased in China from gov. not owned. Not sure about the deal with NTE.
I think they got confused with Chinese new year slowdow/shutdown. When Koo said right now??? Right now 30%, he then said (hard to make it out clearly), but we are chinese new year now.....
During Chinese new year, the whole country pretty well shuts down. Even the smog goes away. I'm not sure if NTE is shutting down during that period, but for sure they would at least be cutting back staff or rotating staff on/off during these next couple of weeks.
Koo said no cuts even if demand is cut. Samsung and LG would get the cuts. Think about it. Even LG has a high end phone that competes against Apple. Why give them any work unless it is absolutely necessary. Sharp doesn't make phones, and JDI is owned only partially by Sony. As far as preferred suppliers as far as compititon threat is concerned, it would be Sharp best, then JDI, then LG, then Samsung last. Work will continue to flow from samsung/LG to Sharp and JDI... And NTE is sharp and JDI.
I don;t know why people have the "weak quarter" burned into their brain. Q1 will always be the weakest barring new product introductions ect.
But maybe he is right, and stock should drop to $8, sand then quarter after that go to $16. Everybody please get this memo. We need this to happen.