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Quick Thoughts: A Busy Day in TMT – A Whole Lotta Shaking Going On

– QCOM delivered on the top line, but missed EPS due to $0.10 of litigation costs. 4Q guidance was cautious, but CEO Jacobs blessed a double digit 5 year CAGR for sales and earnings. – Meanwhile, CBS handily beat estimates

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November 3, 2013 – Twitter: Out of the Nest, Into the Sky

  TWTR sales growth will be driven by 5 factors: number of users, engagement by users, ad density, ad pricing and additional monetization vehicles. Monthly active users were up 39% YoY in 3Q13, with considerable further room for growth, given

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Quick Thoughts: Facebook Lights the Way for Twitter

–          FB and TWTR revenues are driven by the same things – how many user visits can you attract and how much advertising can you get them to view? –          FB spooked investors on the first driver by showing decelerating

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Quick Thoughts: Apple – Yes, but Can They Keep it Up?

–       Apple beat consensus with 4QFY13 revs of $37.5B vs. $36.9B and EPS of $8.26 vs. $7.96, but the dreaded whisper number was apparently higher still –       Expectations and iPhone launches aside, the results are kind of “meh” – sales

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Quick Thoughts: TWTR – Questions for the Roadshow

–        Preliminary pricing for TWTR at $17-20/share values it at $12.5B, fully diluted at the upper end of the range. I believe that it is worth $30B+ and that pricing may rise ahead of issue –        TWTR management has begun

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Quick Thoughts: Apple – We Didn’t Want those Cheapskate Customers Anyway!

–          Apple is all-in on its premium price strategy, defiantly raising its price point for the iPad Mini and holding the line on the iPad Air in the face of falling market share. –          The new iPads are terrific, and

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Quick Thoughts: Netflix is the New Black

–          NFLX posted 3Q13 upside surprises for subs and earnings, and promised more of the same for 4Q13 – no surprise, the stock is up big after hours. –          Global subs are up 36.7% to 40M, US subs up 24%

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Quick Thoughts: Google Back on Track

–          GOOG posted an excellent 3Q13 – ex MOT sales were up 18.9% YoY and net of TAC up 22.6% – bouncing back from the 2Q13 miss in a strong web ad market –          Profitability was particularly strong. EPS beat

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Quick Thoughts: TWTR is Doing Just Fine in the US, Thanks for Asking

–          TWTR’s original S-1 showed 2Q13 US MAUs up just 2% QoQ, raising some concerns that US penetration was stagnating –          An amendment filed tonight showed US user growth re-accelerating in 3Q13, up 8.2% QoQ and 32.5% YoY, not far

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October 8, 2013 – Twitter: How Tweet it Is!

TWTR’s S-1 affirms its considerable growth and profit potential. Sales have more than doubled YoY, driven by 44% growth in users, 16% growth in visits per user, and 23% growth in ad revenues per visit. We believe that all of

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