I am beginning to wonder if being in the IBD is a jinx for us. We got in there again before October earnings and then poof we dropped big time after earnings and were out of it. Before that we were in the New America earlier in the year and then poof, the next day I believe Tristan Guerra downgraded us or something and we eventually went into the 9's again.
I am long Invensense; however, I must take exception with the article saying flip flopping Ashok the Joke Kumar was more accurate than many of his peers on Invensense. Here is a little history of Ashok the Joke...
Jun 19, 2013 InvenSense is "likely shut out of the iPhone opportunity this year," says Maxim's Ashok Kumar
Aug 27, 2013 Ashok Kumar at Maxim Group. There is a strong likelihood that InvenSense has secured a
win in the iPhone 5S. A design win in Apple's flagship highest-volume product would be a game-
changer for InvenSense.
Oct or Nov, I can't find the article, but Ashok Kumar said that Invensense was designed out of the Apple
iPhone or Ipad and would likely be shut out of any future Apple business.
Remember, from cc q1 2014 what Behrooz said about 4G.....................
Auguste P. Richard - Piper Jaffray Companies, Research Division
I'd like to just dig in to the low end of the market and penetration into China and how you see the adoption rates in the low-end smartphone in that region over the next 12 to 18 months?
Yes. The China market is pretty exciting for us. We've been there with some key customers for the last few years as we entered the smartphone markets, and we've continued to gain share. And the thing that -- the challenge we've always had and everybody's always had with China was the lack of bandwidth and app store to download applications that fully take advantage of gyros and MotionTracking in general. And those challenges are starting to go away. In China, for example, there's a huge installment of 4G coming through and base stations. So the bandwidth challenges are going to go away. The app stores are maturing up, and consumers are demanding better performance and more features, such as navigation and gaming that you cannot do with the accelerometers alone. You really need gyroscope. And as they go into that direction and they need to have better phones and smaller phones and thinner phones, our solution is very well-positioned there. So I think that that's -- you're going to see over the next year to 2 years, that market expanding quite nicely, and we're very well-positioned there. The other thing is we, again, with the integration that we have at the system software level, those customers coming in from a less mature background, they are going to be very receptive to just getting the total solution from us that's well integrated from, let's say, an Android ecosystem. And we feel very confident that we're going to be well positioned there
Google search this...... "Microsoft working on a smart bra to measure mood".
Perhaps in the future they will have motion sensors, and gyroscopes too.
08:03 AM EST, 11/27/2013 (MT Newswires) -- Analysts at Deutsche Bank have initiated coverage of Qunar Cayman Islands Ltd. (QUNR) , a search-based commerce platform for the Chinese travel industry, with a Hold rating and a price target of $22.10 a share.
"Qunar is well underway in transforming itself from a travel search and travel comparison provider to a total solutions provider," the firm said in its report. "Nowhere is the opportunity greater, or the implementation risks higher, than in provisioning hotel rooms in the mobile environment. Despite our growing faith in its ability to address the burgeoning real-time mobile booking market, we initiate with Hold on valuation grounds."
reducing turbulence................the same way that Optical Image Stabilization helps to reduce the 'shaking effect' when taking pictures.
Pacific Crest initiated with the Outperform
Stifel Nicolaus initiated with the Hold
ringing endorsement Seeking Alpha guy was hoping for.
Could also be used for tracking boyfriend, girlfriend, spouse, dog, cat, prisoners, employees (especially in the underdeveloped country sweatshops.............make sure they are working and not smoking a cigarette by the locked exit door).
it should already be reflected in the price. Someone came out a while ago and said it wouldn't affect Invensense. You can do a google search for "Apple in talks to buy Israel's PrimeSense: report". This particular one was from Reuters, but there are a slew of articles from July 16, 2013. Anyways, below is the July 16 article from Reuters.
(Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million, the Calcalist new website said on Tuesday.
A delegation of Apple engineering executives visited PrimeSense in early July, Calcalist said.
Officials at PrimeSense were not immediately available for comment.
PrimeSense has raised $85 million from Israel and U.S. venture capital funds, Calcalist noted.
PrimeSense's sensing technology, which gives digital devices the ability to observe a scene in three dimensions, was used to help power Microsoft's Xbox Kinect.
(Reporting by Tova Cohen)