The moment of truth for ARMH could come as early as next quarter as this quarter's results actually contained Q4 royalties, as they report in arrears, which should seasonally be the best. Their CEO was very evasive and pointed to the licensing revenue saying that will spur future royalty growth. Clutching at very thin straws. Good luck to everyone who bought ARMH at low to medium values for the con job everyone pulled to get their stock up to $55 but it is not returning there and $15-25 is the final long term destination especially now Intel is getting down low and dirty with the cheapest ARM licensees.
At the moment ARMH is being saved by all the new 64-bit licensees being taken out but this is not an inexhaustible supply of revenue, once everybody is signed up to A57/A53 thEn this revenue will dry up leaving royalties to carry the company and stock and the result will not be pretty. Like we both said to Ashraf at the time he was not wrong about being bearish on ARMH just early and then he gave up too quickly ...
' In 1Q, mobile and communications revenues were $156 mm, and losses were $929 mm, with only 5 mm tablets shipped. The math of 30 mm incremental tablets at a cost of $750 mm to gross profit implies losses of roughly $25 per unit, so a doubling of quarterly tablet revenue should increase losses by about $125 mm, driving overall losses over a billion dollars per quarter.'
What he has failed to realize is that the mobile division also sells modems (not many at the moment) and he has not factored that into his very simplistic calculations. The loss is not all due to tablets and the loss per tablet unit is not $25. Once the XMM-7260 modems are selling like hotcakes than this division's numbers will look different. These professional analysts are very poor, Ashraf does a better job as an amateur with his outside knowledge educated guesses
Give up your scaremongering, it is over. He was only interested in securing his Crimean Black Sea Fleet in perpetuity (which I said from the beginning) which he has done. The rest of the Ukraine is not worth the pain that tough Western sanctions and ostracism would bring although he has engineered a settlement which will give his ethnic Russians a bigger voice in how Ukraine is run. This crisis is going to die down now and go away and Ukraine and Russia will come to some sort of arrangement with Ukraine in the long run probably becoming the bridge by which Russia and the West meet and come to a more lasting peaceful co-existence.
pretty explosive product growth in the quarter soon to be reported on
WALTHAM, Mass., April 15, 2014 /PRNewswire/ -- Lionbridge Technologies, Inc. (LIOX), today announced that its onDemand platform is gaining increasing momentum as the first, enterprise-scale, transactional translation service in the market. In the first quarter of 2014, Lionbridge onDemand added 98 active clients and grew revenue over 210% as compared to Q4 2013.
Lionbridge onDemand is an online platform that enables business stakeholders across the enterprise to quickly and easily order translation of all content types while maintaining brand consistency and controlling transaction costs.
"As various functions across an organization increasing rely on digital content to connect with customers, partners and employees globally, we have found significant demand for 'transactional translation' - an ability to quickly translate a video, webpage, InDesign file, mobile app, or document in order to meet a deadline and still follow corporate policy," said Marc Osofsky, Chief Marketing Officer, Lionbridge. "onDemand is the first transactional translation service that was designed to handle the complexity of enterprise requirements and address multiple content types within an easy-to-use point and click interface."
OnDemand is being used by both existing and new Lionbridge clients. The 98 new onDemand clients in the first quarter span numerous industries such as financial services, manufacturing, life sciences, high tech, advertising, retail and hospitality. The client list also includes some of the world's largest companies, including 15 of the Fortune 500.
"Lionbridge onDemand makes translation easy," said Melissa Borza, Sr. Manager, Americas Marketing Operations at Equinix. "We have content in all different formats and Lionbridge onDemand gives us the best one-stop translation solution while keeping our docu
The article was ok until his flawed opinions came after the facts he presented. The important thing is that he works out Merrifield's die production cost to be under $5 and any SoC IP missing from that discrete chip will add up to less than $5 also so a Merrifield + Modem/connectivity combination can be sold at profit at any price above $10.
"The bad news is that this will limit the Merrifield platform's penetration into the high-volume smartphone markets."
This 'bad news' only exists in his very vivid and flawed imagination. If the much bigger Clovertrail+ and a 40nm modem can be found in cheap high-volume phones than it is ridiculous to suggest the smaller Merrifield and a smaller 28nm modem won't be but then again Ashraf Eaasa has been specializing in ridiculousness over the past year.
They actually had to amend their 10-K over it ...
Astrotech Corporation, referred to herein as the “Company”, is amending its Fiscal Year 2013 Form 10-K to change information required on the cover page of Form 10-K, in PART III, Item 10 Directors, Executive Officers and Corporate Governance - Section 16(a) Beneficial Ownership Reporting Compliance, and in Item 11 Executive Compensation - Fiscal Year 2013 Non-Employee Director Compensation Table. This required information will be included in our definitive Proxy Statement for our 2014 Annual Meeting of Shareholders, which has not yet been filed. We have unchecked the box provided on the cover page of this Form to indicate that, at the time of filing the Fiscal Year 2013 Form 10-K, the Company had not disclosed Form 4 filings timely pursuant to Item 405 of Regulation S-K.
On March 17, 2013, Don M. White, an executive officer with the Company, initiated an order to sell 2,000 shares of Astrotech stock held in a former employer’s 401(k) plan as part of a required liquidation of all positions prior to transferring his 401(k) funds into his rollover IRA. Mr. White reported the transaction to Company management on March 17, 2013, but it was not disclosed on Form 4 until April 10, 2014 due to an administrative oversight.
See “Part III – Item 10. Directors, Executive Officers and Corporate Governance - Section 16(a) Beneficial Ownership Reporting Compliance” for additional information. We have also corrected the Fiscal Year 2013 Non-Employee Director Compensation Table, which previously over reported Daniel T. Russler, Jr.’s compensation due to a clerical error.
There are no other changes to the original Form 10-K filing other than those outlined in this document. This Form 10-K/A does not reflect events occurring after the filing of the original 2013 Form 10-K, or modify or update the disclosures therein in any way other than as required to reflect the amendment set forth below.
2.85 is the breakout price today if it holds ... above all recent moving averages peaking with the 75 MA at 2.84.
So was I right or was I right ;-) ? Remember to add a day (to maintain those two initial heavy days of volume in the averages) to both those moving averages every day if you want to keep track yourself of this very strong moving average support so tomorrow the support will be the 16 and 17 MA and the day after the 17 and 18 MA etc etc.
It bounced off 2.70 like it hit an electrified fence. That gives you an inkling of the very strong support there is just under 2.70 as I identified in my original post.
There are two rising moving averages (15 and 16 MA both 2.67) that are support and contain the 200m shares traded in the two days of the original PR. They will destroy all Shorts in their path as they rise.
The Great White WS Shark who has been terrorizing Nasdaq swimmers for weeks breaks cover ...
JPMorgan sees opportunities in Internet stocks after pullback
JPMorgan believes the recent sell-off in Internet stocks has created opportunities in companies it feels has strong fundamentals, namely Facebook (FB), Priceline (PCLN), Netflix (NFLX) and Pandora (P).
SEOUL (Reuters) - As the smartphone action shifts to the mass market, leaders Samsung Electronics Co Ltd and Apple Inc are under pressure to make their high-end phones more affordable to revive sales. And that may spell trouble for already-softening margins.
Samsung, which said on Tuesday it would likely post a second straight quarterly profit decline, has knocked around a tenth off the price of its Galaxy S5 in South Korea, in the first such move for a marquee smartphone launch - the S5 rolls out globally on Friday. And it's throwing in a free gift pack of media subscriptions and web apps worth 600,000 won ($570).
The mass market - where a smartphone can be had for as little as $25 - is the new mobile device battleground, as high-end growth eases off with sales slowing in mature markets. Japan, for example, may see smartphone shipments shrink this year, according to researcher IDC.
Samsung's flagship S5 price cut suggests the South Korean firm wants to encourage users to trade up to a fancier phone - at a potential cost to its margins. Samsung's mobile business operating margin dipped to 16 percent in October-December from 18 percent over the whole of 2013.
"It reflects how much Samsung is agonizing to secure margins. They're now offering premium models at lower prices as the demand outlook for high-end phones remains uncertain," said Lee Seung-woo, an analyst at IBK Securities.
Premium smartphones tend to be priced at above $300 and pack in more features, such as more powerful processing power, high resolution display, better cameras and fingerprint reading. With the S5, which has few hardware improvements from its S4 predecessor, industry watchers reckon Samsung is aiming more at a broad mass market than tech savvy users.
To be sure, Samsung has a far broader product line-up than rival Apple, and it has some leeway to trim prices given that manufacturing costs have fallen. Lee Min-hee, an analyst at IM Investment, reckons the total cost of production materials for the S5 - from the battery and screen to the processor and sensors - will be 10-15 percent lower than for the S4.
While this allows vendors to make quality phones for less, it makes it tougher for them to maintain a premium brand image.
"Samsung needs to be very clear about the market segment it's pursuing," said Clement Teo, analyst at Forrester Research in Singapore. "Take Apple - it didn't drop prices on its iPhones, even with the new models. This helps it maintain a margin premium and attracts a certain loyal user base."
But Cupertino, California-based Apple is also taking note of the growing potential of the mass market. Internal documents revealed during an ongoing U.S. patent trial against Samsung indicates some at Apple felt the company priced itself too high.
LESS PRICING CHANGE AT APPLE
According to an April 2013 presentation filed to a U.S. court, executives had debated plans for Apple's 2014 fiscal year and concluded that consumers wanted what it wasn't offering: cheaper phones - for less than $300 - and bigger screens.
It's unclear how representative that presentation is of Apple's mindset. Nor are there signs that Apple, which thrives on its premium positioning and plays down suggestions that it go mass-market, intends to deviate from its path.
Apple did not respond to requests for comment.
An 'economy' model may wedge Apple more firmly in emerging markets - a segment still seeing strong growth. Apple now relies on discounted older generation phones to reach cost-conscious buyers, but buyers in markets like Brazil and China increasingly want the latest gadget.
IPhone shipments grew just 8 percent in Apple's 2013 fiscal third quarter, a far cry from five years ago when shipments more than doubled.
"They are foregoing incremental revenue opportunities by not having a product that addresses that market," said BTIG analyst Walter Piecyk, adding that the main hope of investors now is that Apple produce a new product - a wearable device, say - to galvanize revenue growth.
The iPhone 5C, a colorful plastic model priced just $100 cheaper than its premium cousin, was aimed at emerging markets and marked a departure from Apple's focus on premium phones last year. But it's not been a spectacular success. Some analysts theorize that an unwillingness to sacrifice profitability meant the device wasn't priced cheaply enough.
A THINNER SLICE
Apple's iPhone margins have crept south as the company packs more features into its gadgets, trying to stand out in an increasingly crowded field. As its market share dwindles, the company enjoys less leverage to squeeze suppliers. And margins may fall further if Apple introduces bigger screens as expected.
Bernstein Research analyst Toni Sacconaghi estimates that making the screen just 30 percent larger could wipe 4-5 percentage points off gross margins. IPhone margins are now in the mid-40 percent range, down from 50-60 percent a few years ago, analysts estimate.
"With the iPhone 6, Apple is likely to stick to premium pricing as it's widely expected to come with a bigger screen and some innovative design tweaks," said Doh Hyun-woo, an analyst at Mirae Asset Securities. "They are unlikely to make as much change in pricing policy as Samsung does."
The average selling price of a smartphone globally is seen dropping by more than a fifth by 2018, to $260, according to IDC, as more buyers, especially in emerging markets, opt for price over brand, and as manufacturing costs continue to drop.
The iPhone remains the most expensive smartphone, with an estimated average selling price this year of $649, more than double the average price of $247 for Android phones, Samsung's mainstay products, according to IDC. Average selling prices of iPhones will drop only 6 percent to $610 by 2018, while Android prices will decline 18 percent to $202, according to those IDC forecasts.
"Apple has a clear strategy - to be the best in the market segment it competes in, and it has performed well," said Forrester's Teo. "Regardless of 5C sales, the bigger picture is that Apple is relevant to users in their moment of need - through an iPhone, iPad, iPod or its App store."
CHINA CHIPS AWAY
All the while, competition from cheaper smartphone brands is getting fiercer. The share of smartphone shipments by vendors outside the top five - Samsung, Apple, Huawei, LG Electronics Inc and Lenovo Group - rose to 39.3 percent last year from 27.4 percent in 2011.
From Nokia to BlackBerry Ltd and a host of Chinese vendors, manufacturers are bringing out cheaper, stripped-down smartphones aimed at hundreds of millions of potential users in emerging markets such as China, India and Indonesia.
Chinese manufacturers - from global names such as Huawei and Lenovo to the less well known Gionee, Oppo and CorePad - are picking up market share as they acquire technical and design expertise to add to their low production costs.
"The winners in the current market conditions will be those who show the best cost-efficiency, and in that sense Chinese players will be in a better position," said IBK's Lee.
($1 = 1055.4000 Korean Won)
Stock Consultant now says the stock has broken free of last quarter's pre-earnings resistance so maybe 27 is on the cards tomorrow if the market has an up day and AA is up after hours on its earnings so that is a good possibility. Because INTC has had a little longer time than last quarter over all its moving averages before earnings it has made better progress in overcoming resistance and the volume was high today.
Notice how WS stopped their Nasdaq 'correction' just before earnings season kicks off. I suspect it was a way to generate income on the negative side when buying volume had dipped recently but now real earnings are here they don't want to be on the wrong side of trades.
BULLISH Confirmation - Strong bullish 3 day chart pattern.
Confirmation - CONFIRMED breakout above 26.89, no resistance in area just above.
BREAKOUT CONFIRMED breakout above 26.89, no resistance in area just above.
Type: True breakout from Double resistance.
Target: 27.97, 3.9% Stop: 26.52, Loss: 1.4%, Profit/Loss ratio: 2.8 : 1 - Good
CURRENT PRICE 26.91, just above resistance, 26.64 ± 0.24, type Double, strength 10
RESISTANCE ABOVE None.
SUPPORT BELOW -1% at 26.64 ± 0.24, type Double, strength 10
-4.9% at 25.6 ± 0.23, type Triple, strength 10
-7.5% at 24.9 ± 0.22, type Triple+, strength 10
-9% at 24.48 ± 0.22, type Double, strength 4
-11.6% at 23.8 ± 0.21, type Triple, strength 10
-15.9% at 22.62 ± 0.2, type Double, strength 10
When the stock is about a dollar higher in about a month's time the only idiot here will be clear ;-)
'I would expect the A57 on these SoC's to be clocked well north of 2ghz'
Too ambitious, 1.8-1.9 GHz is more likely for quad-core and A8 should come in around 1.6 GHz if it remains dual-core, both on 20nm.
'and now using stock ARM cores until it's own V8 is ready.'
who says it will bother or that this (Snapdragon 64-bit = ARM A57-A53) was not the original plan all along ?
'Although the A57 will have lower IPC than Cyclone, it will clock higher so it'll have higher peak performance.'
Not proven at 20nm. Cyclone's pipeline length (high teens) indicates plenty of clockspeed potential once better lower power processes are used.
This is good news for ARMH though now QCOM is going to use its stock 64-bit cores too although it just reduces the target Intel Atoms have to beat down to ARM and APPL chips.