iPhone 5 Will Be a Monster Success
We’re huge fans of Apple and think the iPhone 5 will be a huge success.
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Will Windows 8 Be Tragic for Microsoft?
Windows 8 hasn’t hit the shelves yet, but skeptics are already declaring it a collossal failure.
Pandora Reports Strong Revenue Growth
Pandora continues to add listeners and grow revenue at a rapid clip, but the company has yet to become profitable. We’re staying away from the shares for now.
OpenTable Posts a Strong Second Quarter
Online reservation booking company OpenTable reported a strong second quarter, but we don’t think the firm is immune from competition. We’re not fans of its valuation.
LinkedIn’s Results Suggest It’s the New Job Hotspot
LinkedIn’s second quarter results highlight the popularity of the hiring website, but we think the valuation is simply too high.
Alert: Facebook Tumbles in After-Hours Trading
Facebook posted disappointing second-quarter results in its first earnings report since going public. The firm continues to converge to our $20 per share fair value estimate.
The Shift Toward Mobile Computing Can’t Stop Google
Search giant Google (click ticker for report: GOOG) reported another fantastic quarter Thursday afternoon. The firm exceeded expectations, earning $10.12 per share for its second quarter (up 16% year-over-year and $0.08 greater than the consensus estimate). Comparable revenue grew 21% for the second quarter to $10.9 billion, in-line with estimates. When Motorola Mobility is thrown into the mix, revenues grew 35% to $12.2 billion. Given the firm’s robust cash generating ability, we think shares are undervalued at current levels. Though many boil Google down to the Android operating system, the firm remains the heavily-entrenched global leader in search and online advertising. In fact, paid clicks increased 42% year-over-year due to the impact of mobile advertising, but average cost-per-click fell 16% … Read more
Jamie Dimon Continues To Be the Model CEO
Jamie Dimon, CEO of JP Morgan Chase, seems to have successfully navigated his firm through difficult trading losses with honesty and transparency. We think shares of JP Morgan remain undervalued.
Facebook May Start a Job Board To Compete With LinkedIn
Rumors continue to swirl that social media giant Facebook (FB) is in the process of creating a job board with its third party platforms to compete with LinkedIn (LNKD) and Monster Worldwide (). We understand why Facebook would want to compete with LinkedIn, especially after a Forbes article reported that LinkedIn earns $1.30 in revenue per hour of usage versus a measly $0.062 for Facebook. However, we’re unsure whether Facebook will be able to compete in the business networking space. Since its inception, Facebook has successfully captured a significant amount of its users’ free-time by providing a (mostly) unfiltered social experience. On Facebook, there’s a bit of a separation between one’s work life and one’s personal life. On the other … Read more
Facebook and Its Wide Range of Future Outcomes
Facebook could either be a 1) a dud, 2) pretty much what it is now, or 3) the new Internet. We dig into these scenarios and arrive at an expected fair value for each.