mobile phones posts
FeedPosted Aug 12th 2010 6:00PM by Jason Raznick (RSS feed)
Filed under: Google (GOOG), Motorola (MOT), Research in Motion (RIMM), AOL (AOL)
The Motorola, Inc. (MOT) story is a complicated one. There are a number of catalysts, however, which could make the shares a bargain at current levels.
In early 2011, the company is expected to be broken up into two distinct entities. Motorola Mobility, which will include the mobile devices business, and Motorola Solutions, which will consist of the networks and enterprise mobility businesses.
Continue reading Motorola Could Be a Bargain at Current Levels
Posted Jun 1st 2010 12:00PM by Mark Fightmaster (RSS feed)
Filed under: Rumors, Private Equity, Best Buy (BBY), RadioShack Corp (RSH)
Several takeover rumors cropped up this morning. One of those is that RadioShack (RSH) is in the sights of many possible suitors. Those suitors include Blackstone Group (BX), Kohlberg Kravis Roberts, Bain Capital, TPG, and potentially Best Buy (BBY).
These rumors had the shares trading higher this morning, which is really a continuation of RSH's longer-term trend. Since March 2009, RSH has trekked steadily higher, overtaking the 10-month moving average in the process. That said, the stock is stuck just below the $23 level.
Continue reading Is RadioShack Ready for a Takeover?
Posted Apr 16th 2009 8:00AM by Mark Fightmaster (RSS feed)
Filed under: Earnings Reports, Nokia Corp. (NOK)
This morning,
Nokia (NYSE:
NOK) announced that
first-quarter net profit plunged 82% to 122 million euros, which works out to 0.03 euro per share. Taking one-time items out of the picture, the mobile phone firm tallied adjusted earnings of 0.10 euro per share. While the results were far worse than a year ago, Nokia matched the consensus estimate for earnings of 0.10 euro per share.
The company wasn't as fortunate as far as sales are concerned. The European mobile phone manufacturer saw quarterly sales drop to 9.3 billion euros, 27% worse than a year ago. Not only were sales worse than a year ago, but they also fell short of the consensus estimate for sales of 9.7 billion euros. Nokia reported that it shipped 93.2 million new phones during the quarter, which was 19% less than a year ago and 18% lower than the previous quarter.
Continue reading Nokia's first-quarter earnings match expectations
Posted Mar 20th 2009 12:50PM by Brent Archer (RSS feed)
Filed under: Major Movement, Forecasts, Bad News, Sony Corp ADR (SNE), Options, Technical Analysis
LM Ericsson (NASDAQ:
ERIC -
option chain) stock is falling today after Sony Ericsson, the joint venture between
Sony (NYSE:
SNE) and ERIC,
forecast continued weak mobile phone handset sales. Things are so bad that they expect to ship only half the phones this quarter that they did last, but keep in mind last wuarter included the holiday season. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on ERIC.
This morning, ERIC opened at $8.44. So far today the stock has hit a low of $8.22 and a high of $8.53. As of 11:50, ERIC is trading at $8.31, down 99 cents (-10.7%). The chart for ERIC looks neutral and
S&P gives ERIC a 3 STARS (out of 5) hold ranking.
Continue reading LM Ericsson (ERIC) drops 10% on handset forecast
Posted Dec 8th 2008 10:28AM by Brian White (RSS feed)
Filed under: Bad News, Apple Inc (AAPL), Nokia Corp. (NOK)
Nokia Corp. (NYSE:
NOK) has indicated last week that total market shipments for global wireless handsets would
fall by 5% in 2009, signaling that even the world's top wireless handset maker won't be immune from customer spending slowdowns. Nokia's second warning in three weeks came on the heels of the company's announcement of a high-end new handset meant to compete with the iPhone 3G,
the Nokia N97. However, Nokia did predict that its own market share would increase in 2009.
Nokia CEO Olli-Pekka Kallasvuo told CNBC "The most recent incremental impact in the emerging markets has been more pronounced than in other markets." He added that while 2009 will be challenging, Nokia's position will continue to strengthen. Indeed, all the flash of newer smartphones and higher-end cellphones may lose quite a bit of luster as customers reign in spending next year.
Nokia's economy of scale will keep it positioned ahead of the pack. The company did not become the world's largest handset supplier without having solutions available for every market segment, from emerging markets to the very high end market that the N97 will be targeting soon. Still, will many customers really pay $400 and up for a cellphone in this environment?
Apple, Inc. (NASDAQ:
AAPL) may even see a slowdown for its venerable iPhone 3G, which only costs $200 in the U.S. with a two-year contract.
Story corrected: 10:00am CST, 8-Dec-08Posted Jul 10th 2008 2:14PM by Joseph Lazzaro (RSS feed)
Filed under: Consumer Experience, Verizon Communications (VZ)
Verizon Wirless Thursday agreed to pay $21 million to settle a lawsuit filed by California customers upset with the company's early termination fees,
the Associated Press reported.Details are still pending, but Alan Plutzik, Alameda County (California) Superior Court judge said "we are recovering cash" that would "be available" to Verizon mobile phone subscribers who paid fees to end their contracts early,
AP reported. Shares of Verizon Wireless' parent
Verizon (NYSE:
VZ) were virtually unchanged on the news, dipping just 8 cents $34.58 in mid-day Thursday trading.
Warranted reimbursement or California dreamin'?Stock analyst C. Leonard Bauer told BloggingStocks Thursday that, while he abhors cell phone / PDA termination fees as many others do, thinking that mobile phone / phone service providers can eliminate the $100-$250 fee without increasing charges elsewhere does not represent clear thinking.
Continue reading Verizon agrees to pay $21 million to settle cell phone termination fee suit
Posted Apr 3rd 2008 1:16PM by Joseph Lazzaro (RSS feed)
Filed under: Internet, Verizon Communications (VZ), Stocks to Buy
Readers of this space know that one of the preferred plays is a utility company with a demonstrated business model, solid balance sheet, ample cash, decent dividend, and with an extra revenue stream / business that could provide additional growth. Verizon is one such company.
Verizon is not your typical, former
AT&T (NYSE:
T) unit.
Verizon Communications (NYSE:
VZ) is a modern, diverse telecom provider for the early digital age.
Verizon has three impressive divisions: landline, wireless, and business services. And the numbers speak for themselves: the landline unit has an astounding 41.4 million subscribers in 28 states, Verizon Wireless is the U.S.'s second largest wireless provider, and business services is making inroads on medium/large enterprise customers and government agencies.
Further, the company's fiber optic broadband/video service, FiOS emerged as a competitor to comparable cable broadband/video services: look for VZ to continue to grab market share in key markets, as the service is rolled-out in the years ahead.
The Reuters F2008/F2009 EPS consensus estimates for VZ are $2.65/$2.92.
Continue reading Verizon is a utility play with some pizzazz
Posted Feb 11th 2008 6:13PM by Joseph Lazzaro (RSS feed)
Filed under: Smartphones, Stocks to Buy
Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. But every once in while an exception is made for a non-conforming but innovative/promising company, and along this line Skyworks looks attractive. (Note: Skyworks is only for investors who can tolerate high-risk.)
Skyworks Solutions, Inc. (Nasdaq:
SWKS) is a leading supplier to major mobile phone/PDA manufacturers.
Analysts really like Skyworks' radio frequency and manufacturing expertise, which enables the company to secure design wins with existing and new customers.
Skyworks, which began as a defense contractor, makes its integrated circuits out of gallium arsenide, a material that performs at higher speeds and with less energy consumption than the sector standard, silicon.
Continue reading With Skyworks, at times it seems the sky's the limit
Posted Jan 22nd 2008 10:15AM by Douglas McIntyre (RSS feed)
Filed under: Consumer Experience, Competitive Strategy, Apple Inc (AAPL), Motorola (MOT), Nokia Corp. (NOK), Smartphones
The new product turnaround at Motorola (NYSE: MOT) may already be crippled. One analyst, quoted by Bloomberg said, "The Razr 2 didn't set the world on fire and it won't be a phenomenon like the original one."
The cause of Motorola's problem with its newest product may be the Apple (NASDAQ: AAPL) iPhone, which appears to have sold more than two million units in the last quarter of 2007.
While the RAZR2 may be a better product than its predecessor, Apple, Nokia (NYSE: NOK), Samsung and Sony Ericsson have all introduced similar products to take advantage of the high-end multimedia handset space. Motorola may be squeezed out of a market it helped create.
With its shares trading just above $13, near a 52-week low, a weak fourth quarter earnings report could take the stock much closer to $10.
Douglas A. McIntyre is an editor at 247wallst.com.
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