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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Technology Stocks
Micron on Shaky Ground
Micron Technology Inc (NYSE: MU) reported its third quarter results on June 26. Revenue was up 10% to $1.5 billion, driven by higher sales of DRAM and NAND flash products and beating analyst estimates of $1.47 billion. Net loss was $236 million, or $0.30 per diluted share. This compares with net loss of $777 million, or $1.01 per diluted share, last quarter and $225 million, or $0.29 per diluted share, last year. Analysts had estimated loss of $0.28 per share. Gross margin was 3.2%, down from 8.2% last year but was a marked improvement over negative margins in the earlier quarter. >>>
RIM Misses Estimates; Palm’s Revenue Also Down
The market was stunned last week as RIM missed analyst estimates by a slight margin. Its stock has plummeted to $117 from a 52-week high of $148.13 on June 19, providing a great opportunity to buy. In this post we look at RIM’s and Palm’s recent earnings reports.
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Alibaba Enters India
Alibaba.com (HKSE: 1688), China’s leading B2B e-commerce company, announced its first quarter results early last month. Revenue for the quarter increased 53.2% to RMB680 million (~ $99 million) and EPS rose 118.6% to HK$6.47 (~ $0.93) for the year. >>>
Accenture Beats Expectations, Adjusts Strategy
Accenture (ACN) reported their Q3 earnings yesterday, and they don’t seem to be finding current economic conditions a challenge. >>>
Teradyne: Strong Results, But No Design-Test Bridge
Continuing my coverage of the ATE industry, in this post I discuss Teradyne, the leading supplier of Automatic Test Equipment. Teradyne (TER) is a global leader in electronics testing and inspection solutions and is the world’s largest supplier of semiconductor test equipment for logic, RF, analog, power, mixed-signal, and memory technologies. >>>
Verigy Recognizes Design-Test Integration Needs
Yesterday I talked about the trend of the design and test sides of the semiconductor industry coming together. The industry is moving towards inserting “testers” into chips, thereby eliminating/reducing the need for high-end testers in most cases. In the next few years, we will see tighter integration between design and testing, and potentially more conversations between the EDA and the ATE industries. >>>
Credence and LTX Merging
I have repeatedly expressed my views on the faltering EDA industry and recommended that it needs to innovate and consolidate. I had predicted the necessary tech takeover battle in the semiconductor industry and talked about the industry’s need to find adjacencies. Cadence’s bid to acquire
Mentor was yesterday followed by the announcement of Credence’s merger with LTX in an adjacent space. >>>
Naukri Can Roll-up Indian Consumer Internet Sector
Info Edge (BOM: NAUKRI), which owns Naukri.com – the largest job portal in India – announced its Q4 results last month. Comscore data over the last 3-6 months shows that Naukri holds around 50% of the market share. >>>