AAPL likely enter into agreement with China Mobile early next year.
I've been long on SPRD, but am not satisfied with management's "iffy" response regarding Q2, and their Q3-4 has been called into question by competition.
I've hung on for at least two, stellar drops... touting the company's dominance. Needless to say, that has been called into question by numerous commentators and analysts in recent weeks vs. competition. And now AAPL likely entering (yes, in some respect they are "apples and oranges" with regard to price-point- pardon the pun, but it is market share). Management has itself suggested this will be a "year of transition."
In the absence of clear, decided strength (that I really thought existed prior to a couple weeks ago), there is merit with regard to Scleung's rational positions of: (1) Don't marry it; (2) Play the curves on strength. Until strength-establishment is clear again-- I've shifted to becoming a pattern trader with SPRD... I could get smeared by it rocketing right now, but in the shadow of May 3, with softness, and competition already being broadcast... I fear over all it's going to drop substantially before it rises again. For my fellow longs still in- I'd be delighted to be wrong.
In other words the company is crap and it took this long for maxi pad to finally figure it out. It also looks like SCleung and maxi pad are in love!!!!
MAxipad pumped this stock like the second coming of Jesus.......... Everyone but his self could see the weakness in the business for SPRD. I wonder if anyone on this board bought because of maxi pads advice and ramblings on this POS?
Anyone see projections regarding growth of Android vs Apple in China. SPRD business model has more and more of a direct correspondence to sales in the smart phone market, particularly Android. Is Android still exceeding Apple growth in China, is there indications that this will change?
scleung, when you say bottom of food chain, do you mean their current position now? There growth in the last couple years certainly doesn't reflect a bottom of the food chain company. What is it that you see different about their position in market now vs. what caused their explosive growth in recent years? What is causing them to lose ground compared to their competitors?
By the way, I'm not a bashing saying "don't buy" or "sell". I'm just saying it's a great trading stock. From what I could see, SPRD has nothing to keep out competitions. Just like the solar industry, it got screwed up by the Chinese. No one in there has any barrier of entry. Luckily I didn't buy and hold FSLR, otherwise, I would have lost a lot of money.
"bottom of the food chain" means SPRD needs other companies to move their products. I normally exclude retailers when I say this. Right now, SPRD is relying on phone makers, phone makers rely on carriers. Carriers are at the very top. Carriers usually have their only retail stores and/or have other retailers to sell their services.
Companies like WMT, AAPL, MSFT, CSCO, HSY just to name a few are what I consider top of the food chain.
I'm not writing to dis-credit the author. Here is another piece of evidence that SPRD is located at the bottom of the food chain. You may get tired of hearing this but it's a fact that we can't get away from. No one should invest (long term) in the bottom of the food chain. I personally know many rich long term investors and they all hold stocks of companies at the top of the food chain.
Found this regarding the China Mobile and Apple connection...
Is SPRD only in the Android market for Smart Phones? Any chance of them moving this direction or are they such a small outfit that it probably isn't possible?