Author Archive

–        FB delivered $0.43 in 3Q14 EPS on $3.20B in sales, topping consensus ($0.40 on $3.14B) on 59% sales growth, but spooked investors with guidance for decelerating sales and high expenses –        User metrics were impressive for a base the

–          The iPhone 6 and 6 Plus are Apple’s most important products since the iPad and will drive a significant upgrade cycle in its largest and most profitable product area. –          Screen size parity will pull upgrade demand forward and

–          As AAPL’s $930M verdict from round 1 inches into the appeals process, round 2 has hit the court room, with AAPL looking for $2B from Samsung for alleged infringement of 5 patents. –          AAPL’s estimated damages are unreasonable. An

– Netflix and Comcast’s multiyear peering deal comes as a surprise, amidst reports that broadband distributers have been hampering streaming performance. – Comcast’s proposed merger with TWC likely gave it an impetus to be on its best behavior under regulatory

–          GOOG satisfied investors with a top-line beat, despite its MOT-driven EPS miss. AMZN tripped on both sales and earnings, evidence of a weak environment and delivery partner problems –          GOOG ex MOT was strong – sales up 22% YoY,

Quick Thoughts: Mister Softy’s blow out quarter and business as usual at Amazon –          MSFT blew out earnings amidst a sweeping reorganization; It’s difficult to compare growth across segments, but growth is growth and more to come with new products