Shares of Nvidia Corp. (NASDAQ:NVDA) were hopping today on news JMP Securities upgraded the stock, citing a stronger outlook in the mobile computing market for the company.
JMP analyst Alex Gauna drew attention to Nvidia’s Tegra mobile computing chip as strengthening into a major player in the market for smartphones and tablet PCs.
Nvidia and its “ARM-based Android (NASDAQ:GOOG) and Windows (NASDAQ:MSFT) initiatives are in a position to re-accelerate financial performance in coming quarters and years,” Gauna noted.
“We believe Nvidia Tegra technology will continue to be in the lead reference designs for new Android operating systems," he wrote in a note to clients.
The Tegra processors produced by Nvidia are also in popular tablets and smart phones including those made by such companies as Motorola Mobility (MMI) and Samsung.
Gauna also noted that the proposed merger between AT&T Inc. (T) and the Deutsche Telekom-owned T-Mobile USA could work to the benefit of Nvidia, saying “it is likely to ignite subscriber retention/acquisition campaigns.”
“Nvidia’s position as the high-performance multi-core Apps processing leader will make it one of the cornerstones of these marketing campaigns,” Gauna said, adding that Nvidia is “largely agnostic to share shift among the carriers.”
Nvidia was trading at $19.50, up $0.87, or 4.64 percent, as of 2:49 PM EDT.
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Showing posts with label MMI. Show all posts
Showing posts with label MMI. Show all posts
Monday, March 28, 2011
Friday, March 11, 2011
Motorola (MMI), RIM (RIMM) Concerns Overblown Says Morgan Keegan
According to Morgan Keegan analyst Travis McCourt, concerns over the performances of Motorola (NYSE:MMI) and RIM (NASDAQ:RIMM) are overblown.
He noted that sales of BlackBerry's and Xoom tablets aren't as weak as reported by the media, saying concerning Xoom, his checks are in line with his estimates of 300,000 being sold this quarter.
BlackBerry continues to perform in a stable manner, said McCourt, even after releases at Verizon (NYSE:Vz) and AT&T (NYSE:T) which compete with it. BlackBerry at Sprint (NYSE:S) is doing surprisingly well, he added.
“There appears to have been no dramatic change in BlackBerry sell-through at AT&T or Verizon, although we suspect sell-through is down modestly with the recent competitive launches," concluded the analyst.
Morgan Keegan maintains an "Outperform" rating on RIM and a "Market Perform" rating on Motorola. RIM was trading at $63.30, up $0.70, or 1.12 percent, as of 11:52 AM EST. Motorola Mobility was trading at $24.50, down $0.71, or 2.84 percent.
He noted that sales of BlackBerry's and Xoom tablets aren't as weak as reported by the media, saying concerning Xoom, his checks are in line with his estimates of 300,000 being sold this quarter.
BlackBerry continues to perform in a stable manner, said McCourt, even after releases at Verizon (NYSE:Vz) and AT&T (NYSE:T) which compete with it. BlackBerry at Sprint (NYSE:S) is doing surprisingly well, he added.
“There appears to have been no dramatic change in BlackBerry sell-through at AT&T or Verizon, although we suspect sell-through is down modestly with the recent competitive launches," concluded the analyst.
Morgan Keegan maintains an "Outperform" rating on RIM and a "Market Perform" rating on Motorola. RIM was trading at $63.30, up $0.70, or 1.12 percent, as of 11:52 AM EST. Motorola Mobility was trading at $24.50, down $0.71, or 2.84 percent.
Wednesday, March 9, 2011
Google (GOOG), Motorola Mobility’s (MMI) “Xoom” Sales Remain a Mystery
Conflicting reports on the number of sales of Motorola Mobility’s (MMI) “Xoom” tablet, which includes Google’s (GOOG) new version of its “Android” operating system, dubbed “Honeycomb,” continue to emerge, and it evidently won't be until earnings are reported by Motorola before we get the actual numbers.
Some have said sales are weak and others, like Verizon (NYSE:VZ), have said Xoom is selling "extremely well."
However, Trip Chowdhry with Global Equities Research today insists there’s a problem, writing that Xoom sales are “very weak,” with the tablet suffering from “poor software quality” in Honeycomb, and poor battery life.
As Chowdhry sees it, without citing specific sources for his conclusions, “Google Honeycomb is suffering from frequent application freezes and crashes,” and “the battery life is very inconsistent – lasts sometimes for 2 hours, and sometimes for 6 hours. The battery standby life is mere 10 – 12 hours vs. 30 days on Apple iPad.”
Further, Chowdhry sees numerous user interface issues: The “auto-wrap” on text is “completely missing” when text is magnified on screen, “which just shows, Google is missing attention to simple details.” i
Overall, the Honeycomb UI “is extremely complicated and confusing,” he writes, and, “users are frustrated” because the UI “just does not come naturally – you really have to work on it,” according to users he’s heard from.
Chowdhry’s conclusion is that Google’s approach of, “‘By the Geeks, For the Geeks, Of the Geeks’ will struggle to get mass adoption – probably will be relegated to Tech Community only.”
Motorola Mobility was trading at $26.93, down $0.23, or 0.86 percent, as of 12:48 PM EST.
Source
Some have said sales are weak and others, like Verizon (NYSE:VZ), have said Xoom is selling "extremely well."
However, Trip Chowdhry with Global Equities Research today insists there’s a problem, writing that Xoom sales are “very weak,” with the tablet suffering from “poor software quality” in Honeycomb, and poor battery life.
As Chowdhry sees it, without citing specific sources for his conclusions, “Google Honeycomb is suffering from frequent application freezes and crashes,” and “the battery life is very inconsistent – lasts sometimes for 2 hours, and sometimes for 6 hours. The battery standby life is mere 10 – 12 hours vs. 30 days on Apple iPad.”
Further, Chowdhry sees numerous user interface issues: The “auto-wrap” on text is “completely missing” when text is magnified on screen, “which just shows, Google is missing attention to simple details.” i
Overall, the Honeycomb UI “is extremely complicated and confusing,” he writes, and, “users are frustrated” because the UI “just does not come naturally – you really have to work on it,” according to users he’s heard from.
Chowdhry’s conclusion is that Google’s approach of, “‘By the Geeks, For the Geeks, Of the Geeks’ will struggle to get mass adoption – probably will be relegated to Tech Community only.”
Motorola Mobility was trading at $26.93, down $0.23, or 0.86 percent, as of 12:48 PM EST.
Source
JPMorgan (JPM), iPad (AAPL) and (MMI) (RIMM) Tablet Bubble Bursting
With the positive response to Apple's (NASDAQ:AAPL) iPad 2, JPMorgan (NYSE:JPM) says the tablet bubble could burst, leaving competitors like Motorola Mobility (NYSE:MMI) and Research in Motion (NASDAQ:RIMM) struggling, as they may be producing far too many tablets for the market.
JPMorgan analyst Mark Moskowitz said, "In our view, the technical and form factor improvements of the iPad 2 stand to make it tougher for the first generation of competitive offerings to play catch-up, meaning actual shipments could fall well short of plan."
Moskowitz believes the number of tablets being made will be at about 65.1 million, far above his original estimate of 47.9 million. He sees a potential oversupply of up to 51 percent.
"Based on our research inputs, tablet makers eager to emulate Apple’s meteoric start are trying to secure components with inflated build plans," Moskowitz added. "Of note, glass displays, processors, and, to a lesser extent, NAND Flash are the components that could be most at risk."
Consequently, he also sees suppliers of components having the most to lose in that scenario.
JPMorgan analyst Mark Moskowitz said, "In our view, the technical and form factor improvements of the iPad 2 stand to make it tougher for the first generation of competitive offerings to play catch-up, meaning actual shipments could fall well short of plan."
Moskowitz believes the number of tablets being made will be at about 65.1 million, far above his original estimate of 47.9 million. He sees a potential oversupply of up to 51 percent.
"Based on our research inputs, tablet makers eager to emulate Apple’s meteoric start are trying to secure components with inflated build plans," Moskowitz added. "Of note, glass displays, processors, and, to a lesser extent, NAND Flash are the components that could be most at risk."
Consequently, he also sees suppliers of components having the most to lose in that scenario.
Monday, March 7, 2011
Why Amylin Pharmaceuticals (AMLN), Kendle International (KNDL), Sigma Designs (SIGM) Got Crushed Last Week
Amylin Pharmaceuticals (Nasdaq:AMLN), Kendle International (Nasdaq:KNDL) and Sigma Designs (Nasdaq:SIGM) got hammered last week, falling from 13.07 percent to 25.38 percent in one day.
This is an all too familiar and distasteful feeling for investors in Amylin Pharmaceuticals. Back in October, they got crushed when Amylin lost almost half its market value after the FDA rejected its diabetes drug Bydureon, saying the drug needed more testing.
So yesterday, Amylin and partners Eli Lilly (NYSE:LLY) and Alkermes announced results from a new clinical trial against Novo Nordisk's (NYSE:NVO) Victoza (which weren't part of the regulatory process) and came up short. Apparently, way short. While the pharmaceutical still plans to resubmit its application to market Bydureon for the third time, investors aren't waiting around again.
Clinical research organization Kendle International sold off sharply yesterday over the big fourth-quarter loss it reported, reversing a year-ago profit, and it's down another 11% this morning.
Sigma's on board with Motorola Mobility (MMI), Cisco (Nasdaq:CSCO), and others, and Sigma-based boxes for IPTV solutions are expanding. There's no reason to think Sigma Designs won't be laughing at this plunge later.
Full Story
This is an all too familiar and distasteful feeling for investors in Amylin Pharmaceuticals. Back in October, they got crushed when Amylin lost almost half its market value after the FDA rejected its diabetes drug Bydureon, saying the drug needed more testing.
So yesterday, Amylin and partners Eli Lilly (NYSE:LLY) and Alkermes announced results from a new clinical trial against Novo Nordisk's (NYSE:NVO) Victoza (which weren't part of the regulatory process) and came up short. Apparently, way short. While the pharmaceutical still plans to resubmit its application to market Bydureon for the third time, investors aren't waiting around again.
Clinical research organization Kendle International sold off sharply yesterday over the big fourth-quarter loss it reported, reversing a year-ago profit, and it's down another 11% this morning.
Sigma's on board with Motorola Mobility (MMI), Cisco (Nasdaq:CSCO), and others, and Sigma-based boxes for IPTV solutions are expanding. There's no reason to think Sigma Designs won't be laughing at this plunge later.
Full Story
iPad Killers (AAPL)? Hewlett-Packard (HPQ), Research in Motion (RIMM), Motorola Mobility (MMI)
While some have been all but declaring the tablet war all but over with the introduction of Apples (NASDAQ:AAPL) iPad 2, the truth is this is just the beginning of a long, drawn-out battle, and companies like Hewlett-Packard (HPQ), Research in Motion (RIMM) and Motorola Mobility (MMI) are just getting going.
Last week, Apple's ability to raise even the simplest innovation to the level of an epiphany was once again on display.
Apple's chief evangelist, Steve Jobs, took the stage in San Francisco to unveil the second version of the iPad. It's faster, it weighs less, and it has cameras and other neat things. But the moment of revelation was when Jobs described a new polyurethane cover that Apple (AAPL) has designed for the device.
"Our engineering and industrial-design team came up with this idea of using magnets that grasp it, and auto-align it," said Jobs, his voice rising in intensity as he pronounced "auto-align," as if to convey the wonderment.
In the hands of any other CEO, that moment would have been, well, merely something or other about magnets. With Jobs' air of authority, mixed with genuine enthusiasm and a dash of frisson, the moment surpassed the best any Home Shopping Network pitchman ever had to offer.
Magnets! Of course! Who would have thought!
The performance left the Wall Street analysts in attendance duly stunned, and they promptly declared Apple well ahead of the competition in the tablet-computer wars.
In truth, the tablet war is destined to be a long, long road, and there's no turning back.
Source
Last week, Apple's ability to raise even the simplest innovation to the level of an epiphany was once again on display.
Apple's chief evangelist, Steve Jobs, took the stage in San Francisco to unveil the second version of the iPad. It's faster, it weighs less, and it has cameras and other neat things. But the moment of revelation was when Jobs described a new polyurethane cover that Apple (AAPL) has designed for the device.
"Our engineering and industrial-design team came up with this idea of using magnets that grasp it, and auto-align it," said Jobs, his voice rising in intensity as he pronounced "auto-align," as if to convey the wonderment.
In the hands of any other CEO, that moment would have been, well, merely something or other about magnets. With Jobs' air of authority, mixed with genuine enthusiasm and a dash of frisson, the moment surpassed the best any Home Shopping Network pitchman ever had to offer.
Magnets! Of course! Who would have thought!
The performance left the Wall Street analysts in attendance duly stunned, and they promptly declared Apple well ahead of the competition in the tablet-computer wars.
In truth, the tablet war is destined to be a long, long road, and there's no turning back.
Source
Friday, February 18, 2011
Intel's (INTC) Lock on Computer Market Over Says Piper Jaffray
With the soon introduction of Motorola Mobility’s (MMI) “Lapdock,” Piper Jaffray analyst Gus Richard says Intel's (NASDAQ:INTC) lock on the computer market is now over.
The Lapdock is simply a screen and keyboard wherein the "Atric phone of Motorola Mobility can be inserted. The point isn't necessarily this particular phone and combination being the Intel PC dominance killer, but rather the concept itself.
Richards said, “This paradigm devastates the x86 and Intel’s lock on the computing market.”
What Richards means is a mobile phone can now be used as a new computing platform, bypassing the need for Intel's computer chips.
The point isn't that the PC is going to disappear, but growth is no longer in that direction for Intel.
Intel was trading at $22.19, gaining $0.22, or 1.00 percent, as of 12:51 PM EST.
The Lapdock is simply a screen and keyboard wherein the "Atric phone of Motorola Mobility can be inserted. The point isn't necessarily this particular phone and combination being the Intel PC dominance killer, but rather the concept itself.
Richards said, “This paradigm devastates the x86 and Intel’s lock on the computing market.”
What Richards means is a mobile phone can now be used as a new computing platform, bypassing the need for Intel's computer chips.
The point isn't that the PC is going to disappear, but growth is no longer in that direction for Intel.
Intel was trading at $22.19, gaining $0.22, or 1.00 percent, as of 12:51 PM EST.
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