Post Tagged with: "Technology"

Technology shares priced for perfection

Technology shares priced for perfection

Today’s Wall Street Journal shows that large-cap technology stocks are priced as if economic and earnings growth will continue for the significant future. However, this late in the cycle, the probability of a hiccup increases, making share prices vulnerable.

Read more ›
Water desalination as the cure for shortages

Water desalination as the cure for shortages

A couple of days ago, a study released by Nature Nanotechnology said a new graphene filter could be a major step forward in removing salt from seawater and making it safe for drinking

Read more ›

Signals of slowing

Today’s post is going to be a bit of a hodge podge because I didn’t have a single theme to report on as I started out. If I had to give this post a title, the overarching theme would be “signals of slowing”. What I am seeing is nothing to be alarmed about per se. However, we should be cognizant […]

Read more ›
More on the new internet bubble

More on the new internet bubble

There is definitely a technology bubble brewing. And it will end badly. Some people are going to get rich though – and not necessarily undeservedly so. Some thoughts below I am going to make this very short. Valuations in the private Internet space are out of control and they have been for some time. This hasn’t necessarily carried over into […]

Read more ›
Some thoughts on relative value in the US and Europe

Some thoughts on relative value in the US and Europe

Despite the crisis in Greece, I have been talking about rotating into Europe because I believe equities are priced more reasonably than the US and because fixed income assets will get a boost from QE. I want to talk a bit more about this and about tech valuations, based on some interesting things David Rosenberg and Mark Cuban are saying. What I want to say here is more about high US valuations than relatively better European ones.

Read more ›
Comments on jobs in the U.S., buy-to-let in the U.K., and rules-based monetary policy

Comments on jobs in the U.S., buy-to-let in the U.K., and rules-based monetary policy

No one story sticks out for me today. So I thought I would make a few comments on the stories making the rounds today in the Internet. Let’s start in the U.S.

Read more ›
Economic and market themes: 2014-10-24 Technology earnings, Chinese housing and European hopelessness

Economic and market themes: 2014-10-24 Technology earnings, Chinese housing and European hopelessness

I have three areas I want to explore today: earnings reports, China and Europe. The earnings reports are mixed but generally good enough to support continued job growth and economic momentum through this fourth quarter. I also want to deep dive on tech companies. On China, the slowdown is all about housing. And in Europe, there is zero sign that political differences can be smoothed over without crisis.

Read more ›
Apple, IBM and Amazon

Apple, IBM and Amazon

As a technophile, I follow the tech space assiduously both in terms of products and trends as well as companies and strategy. Every quarter that Apple announces, I have made it a habit of commenting on their quarter, because they are the largest technology company in the world. This quarter, I thought I would add IBM and Amazon to the mix because there are important takeaways from their earnings as well. With Apple, the question is innovation and dependence on the iPhone. For IBM, the question is real earnings versus financial engineering. And for Amazon, the question I want to address here is net income versus cash flow.

Read more ›
On Ukraine, the Indian mobile space and Abenomics

On Ukraine, the Indian mobile space and Abenomics

Russia is signalling de-escalation in Ukraine, at least on economics
The mobile battle is moving to India
The limited window on Abenomics is closing

Read more ›
Economic and market themes: 2014-07-25 Ukraine, China, Japan, technology overvaluation

Economic and market themes: 2014-07-25 Ukraine, China, Japan, technology overvaluation

Ukraine is at risk of becoming a failed state
China’s growth is due to stimulus
Japan’s macro figures worsen
Microsoft’s strategy is weak
Facebook is overvalued

Read more ›
Apple’s shift into China shows the company’s masterful execution

Apple’s shift into China shows the company’s masterful execution

Apple’s Q3 2014 earnings report yesterday was a mixed bag in terms of actual results. But from my perspective the results show a company that continues to execute its strategy well given the onslaught from cheaper handsets using the Android operating system. Apple posted a smaller-than-expected 6% gain in quarterly revenue due to sluggish growth in saturated markets in Europe and North America. But revenue in China surged 28% despite Apple’s premium pricing. Apple’s growth days are over in developed markets. But I have been upbeat about Apple’s results because of the China strategy and this report shows that Apple’s growth has some momentum, mainly because of that market. Some figures and comments below.

Read more ›
Why the Amazon Fire Phone is DOA

Why the Amazon Fire Phone is DOA

Today’s post is about technology and the dynamics of market saturation. My contention over the past couple of years has been that the mobile market in developed economies was becoming saturated to the point that the economics of commoditization would come to dominate the market place. The implication for both telecom operators and device makers could be stark. Back in […]

Read more ›