SEE LAST PAGE OF THIS REPORT Paul Sagawa / Tejas Raut Dessai FOR IMPORTANT DISCLOSURES 203.901.1633/.901.1634 psagawa@ / trdessai@ssrllc.com @PaulSagawaSSR August 13, 2018 The End of TV: Media Strains to Adapt to the Streaming ERa Linear TV is dying. In
SEE LAST PAGE OF THIS REPORT Paul Sagawa / Artur Pylak FOR IMPORTANT DISCLOSURES 203.901.1633 /.1634 psagawa@ / apylak@ssrllc.com @PaulSagawaSSR April 18, 2017 TMT Model Portfolio: Cutting Down on Volatility With an average beta of 1.29, our TMT model portfolio
The CRM/IBM and GOOGL/SAP partnerships target major synergies between application SW companies and hyperscale datacenter operators as we move to a cloud/AI world IBM acquired a major CRM integrator in 2016; both partners will now sell AI-powered APIs from Watson
– GOOGL is entering the increasingly crowded, but still nascent OTT PayTV market with YouTube TV – a bundle of 40 channels for $35 a month. – On the surface, YouTube TV’s offering is undistinguished vs. rival services from DISH,
Quick Thoughts: GOOGL Brings the Chips to the Cloud Party – Google Cloud Platform (GCP) is the first IaaS host to offer Intel’s new Skylake CPU, with 30% speed advantage for computationally intensive applications – a coup vs. AMZN and
Quick Thoughts: GOOGL – Waymo Fly Than You – GOOGL’s newly launched Waymo business unit has a flexible mandate to monetize autonomous vehicle technology however it makes sense – from OEM licensing to operating fleets of robo-taxis – Negative press
MSFT’s strength in AI is a considerable weapon as it pursues its 3-part strategy, working from the cloud out and pointing the company toward becoming the dominant force in driving enterprise productivity. 1. Reinvent productivity and business processes – With
QCOM suffered mightily over the past 2 years, as a Chinese anti-trust case emboldened manufacturers there to refuse demands for royalty payments and turn to alternative chip suppliers. This was compounded by the company botching the transition to 64bit smartphone
2Q16 earning season is upon us, and the basic themes that we called out at the beginning of the year continue to play out – strong US advertising, the continued e-commerce assault on retail, maturing global device markets, a faster
