Lenovo posts Q1 earnings, reveals that its mobile sales have overtaken PCs

Source: http://www.engadget.com/2013/08/14/lenovo-posts-q1-2014-earnings/

Lenovo says it's raining cash

Don’t look now, but Lenovo just became an industry bellwether. While reporting strong first quarter results that include a record $8.8 billion in revenue and $170 million in profit, the tech giant revealed that its combined smartphone and tablet sales have overtaken those of its PCs. Yes, you read that correctly — the world’s largest PC vendor is now a mobile-first company, unlike previous title holders such as HP. It’s not hard to explain the shift, however. About 42 percent of Lenovo’s total sales come from its native China, where the company’s predominantly Android-based phones and tablets fare very well. The firm’s Windows PCs and tablets are also performing above industry averages, but CEO Yang Yuanqing makes it clear that Lenovo is quickly becoming a “PC Plus” brand — IdeaPads and ThinkPads are just parts of a larger puzzle.


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Thursday, August 15th, 2013 news No Comments

15% Of Facebook Users Would Pay A Monthly Fee To See No Ads (FB)

Source: http://www.businessinsider.com/15-of-facebook-users-would-pay-a-monthly-fee-to-see-no-ads-2013-7

facebook money

Facebook’s ad business might be doing well but according to a new poll by Greenlight, the social media platform is missing out on an untapped revenue stream.

Fifteen percent of Facebook users said they would pay a monthly fee to see no ads. And 8% asked even offered to dole out between $5 and $10.

With 1.15 billion active users a month, that’s a pretty big segment.

This survey comes after Twitter co-founder Biz Stone suggested that the competitor launches Facebook Premium, an ad-free network that would charge $10 a month. That would bring in about $1 billion in revenue.

Facebook, however, has consistently assured users that it would never charge for its service.

Furthermore, Facebook’s Q2 2013 earnings exceeded expectations with its mobile ad revenue skyrocketing to $656 million, up from $375 million in Q1. It probably won’t be jeopardizing its ad business any time soon.


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Thursday, July 25th, 2013 news No Comments

CHART OF THE DAY: What The Heck Happened To Apple’s iPad Business? (AAPL)

Source: http://www.businessinsider.com/chart-of-the-day-what-the-heck-happened-to-apples-ipad-business-2013-7

Apple’s iPad business, which is supposed to be its second mega-business, has already hit the wall as far as growth is concerned.

Last quarter, Apple reported sales of 14.6 million units, a 14% drop on a year-over-year basis. On the company’s earnings call, Apple’s execs said that if you look at the actual sell through of the iPad, and factor in channel inventory changes, then it was down 3%.

Part of the reason the iPad business fell is that Apple didn’t roll out a new version of the iPad last quarter. In the June 2012 quarter, it was introduced the high-resolution iPad which boosted sales. With no new model of the iPad, sales lagged in comparison.

However, last year Apple wasn’t selling the iPad Mini. The $329 iPad Mini should have provided enough of a lift to offset the lack of a new iPad model.

This isn’t just a one-off bad quarter. If you look at the trend, you can see that growth is in a general nose dive for the iPad. Analyst Gene Munster says the reason the iPad business is weaker than expected is that the market is “becoming more price sensitive than we previously expected.” In other words, consumers are buying cheaper tablets from Apple’s rivals.

For why that’s troubling for Apple, check out Henry Blodget’s take here…

ipad chart of the day


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Wednesday, July 24th, 2013 news No Comments

drag2share: Microsoft’s Big Problem In One Chart (MSFT, AAPL, GOOG)

source: http://www.businessinsider.com/chart-of-the-day-microsofts-big-problem-in-one-chart-2013-7

Microsoft’s stock was clobbered today, falling 11.4%.

The most obvious reason for the decline: The collapse of the PC industry has finally hit Microsoft’s earnings.

Windows operating income fell by over 50% on a year-over-year basis. It took a $900 million charge for inventory of its Surface RT tablet. Its CFO admitted that it’s going to take a while for tablet sales to offset the decline of the PC.

Few charts illustrate what’s happening to the PC market, and thus, what’s happening to Microsoft, better than this one from Horace Dediu, independent analyst/blogger at Asymco.

Microsoft’s monopoly over our computing is dead.

Combined iOS/Android unit sales are outpacing PC sales 2.6 to 1.

chart iOS PC Android unit sales

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Wednesday, July 24th, 2013 news No Comments

drag2share: Google’s ‘Bad Quarter’ Actually Wasn’t All That Bad…

source: http://feedproxy.google.com/~r/businessinsider/~3/N6QBIelMEBU/google-earnings-not-bad-2013-7

Google Q2 2013The other big concern about the quarter is that Google’s “cost per click” in its search business continued to drop (see the purple bars in the nearby chart).

The concern here is that clicks on mobile search links are worth less than clicks on desktop search links and, therefore, that, as the world increasingly moves to mobile, Google is screwed.

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Friday, July 19th, 2013 news No Comments

drag2share: Microsoft Is Down 8 Percent As The World Realizes The Windows Business Has Collapsed (And Probably Isn’t Coming Back)

source: http://feedproxy.google.com/~r/businessinsider/~3/NG6Rf44mtTA/microsoft-stock-2013-7

Steve Ballmer waving

Microsoft is down 8% pre-market this morning.

The stock has been doing worse and worse since the company released earnings. Initial reaction to the release sent the stock down 2.5%. Then it was 5%, then 6% … and now it’s down 8%.

Microsoft’s Windows business is finally feeling the effect of the collapse of the PC industry, and the failure of Windows 8 to slow the iPad.

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Friday, July 19th, 2013 news No Comments

Intel posts Q2 2013 earnings: revenue of $12.8 billion, net profit of $2 billlion

Source: http://www.engadget.com/2013/07/17/intel-posts-q2-2013-earnings-revenue-of-12-8-billion-net-prof/

Intel logo

Intel just posted decidedly mixed results for the second quarter. While it largely matched its outlook from the first quarter with $12.8 billion in revenue and a healthy net profit of $2 billion, it also saw sharp year-over-year drops in revenue from some of its core divisions. The PC Client Group, which makes the brunt of Intel’s processors, saw its revenue decline 7.5 percent; the Other Intel Architecture Group, which primarily handles mobile chips, faced a 15 percent drop. Intel hasn’t explained the dip, although there are a pair of major factors at work. In addition to facing a very rough PC market, the company only launched its Haswell architecture late in the quarter — there hasn’t been much time for customers to buy the new chips. Intel says there’s “strong acceptance” from early Haswell customers, however, and its outlook for the current quarter is slightly rosier as a result — it expects to make the same $13.5 billion in revenue that we saw a year ago.


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Wednesday, July 17th, 2013 news No Comments

JC Penney’s Media Spending Climbs But Sales Go Into Free Fall

CEO Ron Johnson Boosts TV Advertising, Adds Former Coca-Cola Marketer Sergio Zyman as an Adviser

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JC Penney sales plummeted 25% in 2012, even as its measured media spending jumped 14% to $504 million.

Ron Johnson

Ron Johnson

The beleaguered retailer spent more on advertising than it has in any of the last five years and made major changes to its media mix, under the direction of CEO Ron Johnson. TV advertising climbed, particularly network TV spending, while radio and internet display investments dropped. And despiteMr. Johnson’s declaration late last summer that the retailer would invest heavily in newspapers, spending in that category was down slightly.

JC Penney reported that its fourth-quarter net loss widened to $552 million. The retailer posted an annual net loss of $985 million.

Sales in the fourth quarter, which includes the holiday-shopping period, slid 28% to $3.88 billion. For the year, sales fell 25% to $12.98 billion. That marks the lowest annual revenue the retailer has reported since at least 1987.

“It’s the worst performance that I’ve ever encountered in decades of covering retail — there’s nothing really to compare it against,” said Bernie Sosnick, an analyst at Gilford Securities.


Source: Kantar Media

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Thursday, February 28th, 2013 news No Comments

Facebook Mobile Users Surpass Desktop Users For The First Time (FB)

Source: http://www.businessinsider.com/facebook-mobile-bigger-than-desktop-2013-1

facebook ios iphone

Facebook’s earnings are out. The company beat Wall Street’s profit and revenue expectations.

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Wednesday, January 30th, 2013 news No Comments

Logitech gambled big on video conferencing, lost

Source: http://www.engadget.com/2013/01/23/logitech-video-conferencing-slowdown/

Logitech gambled big on video conferencing, lost

Logitech’s PR machine is on the loose this morning, trying to dampen expectations before the company announces its quarterly financial results later in the day. The key message is that we shouldn’t expect any great shakes from the video conferencing side of the business. In fact, there’ll be a $211 million charge against earnings, which is big enough to wipe out the previous quarter’s income four times over, and which stems entirely from this source of pain:

“The enterprise video conferencing industry has experienced a slowdown in recent quarters and consequently, through this period, the video conferencing unit has not sustained the growth Logitech originally anticipated.”

That’s a blanket statement, describing a whole section of the industry and not just pinning the blame on LifeSize, the video conferencing company that Logitech picked up in 2009 for $405 million. It so happens that Polycom and Cisco have also reported ongoing slides in video conferencing sales, so Logitech’s explanation is entirely justified — not that it makes the LifeSize acquisition look any smarter.

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Source: Reuters

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Wednesday, January 23rd, 2013 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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