Motorola in the Android realm, tried to compete with Samsung's top of line Galaxy. So Motorola came out with it MOTO X and cut the price $200, down to $400, in hope to take market share from Samsung's Galaxy phone. But Motorola instead saw its sales decline 30% and racked up $1.5 Billion loss in 2013, on sales that plummeted. Goog threw in the towel and sold it to Lenovo yesterday. But how will Lenovo itself not making most any profit in Smartphones, handle MOTOROLA's -$1.5 Bn. losses, when Lenovo has almost no cash left on its balance sheet and had to borrow in the bond market to fund this acquisition? Lenovo only makes profits in PCs, and less each quarter than Motorola's bleeding is presently losing.
Its been below $500 a lot of yesterday and today. So the $500 stop loss limit orders already taken out.
Motorola lost a whopping -$1.5 billion in 2013, as it tried to grab ANDROID Market Share from SAMSUNG, by lowering the price of its new MotoX phone by $200, down to $400, vs. Samsung's GALAXY at $600. All Motorola did was end up its sales down 30% for 2013 and it lost -$1.5 billion in 2013. This is now being merged with Lenovo, which itself is losing money in Smartphones and is skating in very thin ice financially (it used up all its cash in the acquisition and had to sell bonds for more capital)
HTC, LG and Lenovo, and Motorola all lost money in Smartphones in 2013. Lenovo's profits were entirely from its computer PC division and its partly protected market in China.
Well look at it this way. Samsung spends 4X as much on Ads as does Apple -- so the Business Press wanting Samsung Ads, knocks Apple. But look at it another way: Samsung has to spend a lot more on Ads, because its products are not quite as good / don't have the same brand image...etc. And spending more, it makes a lot lower profit per phone. Samsung's average phone sold worldwide is probably for $250 and most are cheap phones, and many are given away as promotions if you buy a big TV in Asia. Apple's avg. selling price of its phones ROSE last quarter from $570 to $636, as it sold more of the highest priced 5S model.
Last quarter Apple increased and beat its Sales and Earnings. It did so only selling product to higher socio-economic people, rather than flooding the world with low or loss making phones at low prices for the world's poor masses, and calling it market share. There's a reason most of the ANDROID Manufacturers including Lenovo lost money last year in their smartphone divisions.
I read that China Mobile is actually only started really selling IPHONES in a small portion of its 3000 distribution outlets, because CHINA has very few 4G service networks up yet,.. and in fact most of the country is still on 2G, not even 3G. That's why its mainly cheap phones sold in China, using older tech chipsets, and which can't support 4G. But by late 2014 a lot of China the 4G Infrastructure is supposed to be ramping up, and so China Mobile will keep selling IPHONES in increasing areas as time the year progresses.
New just reported Apple's Sapphire Factory goes operational in Feb. And Apple's got a Patented Process for making Sapphire Crystal big enough for Watches and Premium IPHONES.
when it was at 5,000 in late 1999, and early 2000, right at the top. Remember? He was in charge of Tech. Analysis at Prudential Bache Secs. then. Him and Battapaglia then Super-Bulls, both wrong.
SONY had huge amount of Japanese Pensioners it must carry... and their growing retired health care bills. This is what's draining SONY. AAPL 90% of its "effective employees" it will never have to pay Pensions nor Health Care for, because they are employees of Contract Manuf. cos. in China.
This has got to be for the Apple iWATCH at first, which needs the super-hard Sapphire Crystal, more scratch resistant than Gorilla Glass. Means iWATCH is coming this SPRING (no pun intended for old style mechanical watches had springs in them).
So anyway, this is good for GOOG. Goog's stock up shows it. But may not be good for LENOVO and their 8.2% plunge in Lenovo's stock overnight in Hong Kong reflects the worries going on there, especially given Lenovo already has a very weak capital structure (almost no cash left on its balance sheet and growing debt for acquisitions)
GOOG finally got out of Motorola. The Motorola Div. lost -$1.5 Billion in 2013. Its losses grew and its market share went down, even as it cut prices on its top of the line Moto X phone introduced to try and compete with Samsung Galaxy. Even at $200 less than Galaxy's $600 price, the Moto X was not able to gain traction, instead the price cuts added to Goog's Motorola Div's losses. Good thing they sold it finally. Apple was able to INCREASE their average selling prices of iPHONES to $636 last quarter from $570s the prior quarter, based on introduction of the iPHONE5S. Goog's Motorola Div. price-cutting however didn't even bring them more market share, a total failure. Good thing GOOG is out of it.
OK, but Microsoft has "deep pockets" to fund the Nokia/Windows Phone. Lenovo doesn't. Lenovo used up about all its cash to do acquisitions this past week, floated more debt, and now has the Android Motorola Div. that just lost $1.5 billion on its hands, and which also was losing market share. And Motorolas LOSSES grew as they cut prices on phones similar to Samsung's.
yeah that's why Hong Kong ANALYSTS put out negative comments about this deal last night, and Lenovo stock plunged over 8%. 2 money losing Android phone makers consolidating. In any case, its Samsung Motorola and Lenovo make Android phones in competition with.
After it announced its risky gamble to buy GOOG's money-losing Motorola Phone Division. Motorola lost $1.5 billion last year, as it lost market share to fellow Android phone seller Samsung. Motorola cut prices $200 on its top of line Moto X down $400 vs. Samsung's Galaxy phone at $600, yet it just lead to Motorola's sales plunging 1/3 in 2013. Price cutting didn't work at the high end. Now Lenovo, a company with a weak capital structure, just spent most its cash on the books and borrowed more to do the acquisition, now has the addition of a -$1.5 Billion loss Motorola also losing market share, on its hands.
Motorola Division, this past year tried cutting prices from $600 to $400 on their top of line Android Moto X phone to compete with Samsung's Galaxy. But the result was Motorola's sales were down 1/3 last quarter and its LOSS for 2013 jumped to -$1.5 billion or about a neg. -25% margin. Goog has now sold Motorola to Lenovo, which is trying to consolidate two Android divisions that collectively lost money.
see earlier posts "Lenovo down 8%". ANALYSTS in Hong Kong don't like its acquisition of GOOG's money losing Motorola Division. Motorola this past year cut prices $200 on their top Moto X Smartphone, bringing it down to $400, vs. Samsung's $600 Galaxy, and yet Motorola's sales were down 1/3 as a result articles pointing out today, and so its Loss grew to -$1.5 Billion. ANALYSTS in Hong Kong don't like fact that Lenovo, already with a weak capital structure, used up all its cash to make acquisitions and in fact took on more debt, is now also taking on the money losing Goog ANDROID Phone Line.
Yes I noticed that, the average Selling Price of APPLE PHONES was up to $636 last quarter from about $580 before the iPHONE5S was introduced. The market preferred more of the 5S than the 5C, so average prices moved up, as did Apple's Margins. GOOG on the other hand, news out today, its Motorola Div. last year introduced the Android Moto-X and dropped price down $200, to $400 vs. Samsung's Galaxy at $600. However Motorola's sales actually went down 1/3 articles saying today, and their Losses GREW to $1.5 Billion or neg. -25% profit margin. So price cutting didn't work for Google in smartphones, and now they threw in the towel selling it to Lenovo, a company with a weak capital structure that used up all its cash for acquisitions this week and took on more debt.
Right, and 'Driver-Less Vehicals' are not allowed by law anyway, and might seem 'Gee Whiz' but are really 1980s technology, just cheaper to do now. And GOOGLE-GLASS, also may seem "Gee-Whiz", but try wearing that thing on the streets of most Amer. Cities, and when some angry member of Obaama's tribe "believes" you are video recording him, he'll punch in your eyes and the glasses. Its just not a practical thing, and by the way ITS ILLEGAL to TAKE PHOTOS OF SOMEONE WITHOUT THEIR CONSENT. We've already seen what street-people in San Fran. are doing to special Google Buses, imagine what they'll do to "GlassHoles" recording them.