Philips LED light sales were up 38%. PHG sold their consumer electronics business and the medical testing equipment business was down 10%. PHG share price was up 60% for the year, what do you expect?
CREE is pumping their new 40watt and 60watt equivalent CREE light bulbs sold in Home Depot. They are advertising in the NY metropolitan area and the NY Knicks are having a Cinderella year. All the Wall Street analysts claim that short term results are irrelevant since CREE is the greatest thing since sliced bread. For the near-term the shorts are going to get clobbered.
Once the Chinese start flooding the market with cheap LED light bulbs and their competitors ship volume amounts of GaN on Si LED bulbs, CREE will be dead meat.