Airbus Flying Past a Grounded Boeing
Latest reports from the two leading aircraft producers suggest Airbus is on track to stroll past Boeing this year and become the largest plane maker for the first time in 8 years. The ongoing 737 MAX crisis has lasted four months, already longer than Boeing or any of its stakeholders anticipated. Boeing’s second quarter earnings […]
Which music streaming service is growing the fastest?
Did you guess Spotify? Apple Music? Those would be logical given they are the industry leading digital music streaming platforms. But those would also be incorrect. In fact, the correct answer is: Amazon Music. As the Financial Times highlighted in recent days: “The number of people subscribing to Amazon Music Unlimited has grown by about 70 […]
Three trillion-dollar tech giants walk into an earnings season…
Over the last week or so, three of the four most valuable companies in the world have reported financial results for their most recent respective fiscal quarters. We will spend some time in this post looking at the key findings in the reports of Microsoft, Apple and Alphabet. The time and effort spent is worthwhile […]
Apple’s healthcare opportunity (Part 2)
In Part 1 of this two-piece article on Apple’s healthcare opportunity, we laid out the size of the opportunity before Apple and discussed the initial steps the company has taken to engage with this market. In this Part 2 we conceptually explore the categories of wasted healthcare spend that Apple could address with its wearables […]
Apple’s healthcare opportunity (Part 1)
The global smartphone market has matured, and the days of explosive iPhone growth are over. As the Apple growth narrative shifts away from hardware towards services, one opportunity remains underappreciated by investors. The healthcare industry is in the nascent stages of digital transformation and Apple is in a unique position to deliver greater efficiency to […]
WeChat is no Facebook
When looking at the growth potential of advertising for Tencent, parallels are drawn to Facebook’s more-developed advertising business, in particular the much higher number of ad impressions served to users. But perhaps this is an unfair comparison, and it is worth considering the growth runway through the lens of Allen Zhang, WeChat’s creator, and an […]
Spotify the Audio Aggregator
During their recent earnings report, Spotify announced acquisitions of podcast studio Gimlet Media and Anchor, a service that streamlines podcast making, advertising and distribution. The commitment indicates their plan to expand their offering to become more than simply a music streaming platform. The move is unprecedented, as CEO Daniel Ek emphasised, “what I didn’t know […]
The Category Killer
The U.S. housing market, after having staged a solid recovery since the depths of the financial crisis, is starting to show some signs of moderation. U.S. existing home sales (SAAR) were down -6.4% year-over-year in December. Housing turnover has been trending negative. There are also concerns around housing affordability in the U.S. given the strong […]
Apple’s challenge
Long term Apple shareholders must feel like they are living through Groundhog Day. An annual iteration of the iPhone fails to live up to elevated expectations, and Mr Market quickly moves to discount the demise of the company. This is precisely what happened at the start of January when Apple issued its first revenue downgrade […]
What’s up with JOBS?
Last week, 51job (Nasdaq: JOBS), the Chinese online job ad platform, reported its third quarter 2018 earnings result. The result was very strong, and given that the stock has been beaten up by the market over the last few months, one would expect that the stock would rally as a result. However, somewhat surprisingly, 51job […]
