Marvell: Valuation

By Vijay Nagarajan, Guest Author I value Marvell at $21 per share. As we have evaluated in this series, the company draws its strengths from the stable revenue coming from its storage, ethernet and WLAN businesses. Its primary weakness is its perceived inability to control its expenses that have resulted in a poor profit/loss record

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Microsoft Stretched in Multiple Directions

Microsoft (MSFT) announced their Q3 results yesterday. While their revenue for the quarter of $14.5 billion met market expectations, their EPS of $0.47 exceeded the street’s views of $0.45. The revenue for the quarter reported an increase of 14% over the previous year while the EPS reduced by 6% from $0.50 in the previous year

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Marvell: Mobile Strategy and Outlook

By Vijay Nagarajan, Guest Author In the last two parts of this series, we looked at Marvell’s position and strategy in the wireless connectivity solutions market. These solutions serve another important purpose – to make Marvell’s cellular and handheld products competitive and complete. In this part, we will take a look at whether Marvell can

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Amazon Toying with Vertical Integration

Amazon.com (AMZN) has been pursuing growth at all costs. Their recently announced Q1 2008 results are witness to that drive. They reported the quarter’s revenue at $4.13 billion, meeting analyst expectations and reporting a 37% increase over the previous year. Their earnings for the quarter at $0.34 were marginally higher than the market’s expectation of

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Yahoo Dithers On

Is Ballmer really threatening to pull back from the Yahoo deal? Of course not. Nonetheless, the media has to play along with this charade, knowing fully well that Yahoo’s destiny was sealed the day Microsoft made the first advance.

Apple’s Dramatic Risks and Ambitions

News from Apple is often big news. Apple released its second quarter results yesterday. Revenue was $7.51 billion, down 22% q-o-q and up 42% y-o-y driven by strong demand for Macs and the ever-popular iPhone. Net income was $1.05 billion, or $1.16 per diluted share, up 36% y-o-y. International sales, which were 44% of the

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Convergence Device Chip Makers Battle

Guest author Vijay Nagarajan recently completed his deep dive analysis on Texas Instruments (TI) (NYSE: TXN). My earlier posts are available here and here.

The Convergence Device Movement

Apple will be announcing earnings this week. Nokia announced last week, and their guidance was cautious. Rim already announced an excellent quarter. My sense is that all three companies will continue to do very well given the at large convergence device movement that is sweeping over our electronics-driven lives. Laptops will be abandoned in favor of

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