Category Archives:
Financial

ARM_Logo_hires Funny – ARM holdings looks good to us

Maybe Bernstein hasn’t heard of the IoT, then?

Cambridge based microchip designer, ARM, has come in for a bit of stick recently. Apparently a respected market analyst, Bernstein, has decided that the bottom has dropped out of smartphones. So this news affected both ARM and iconic device maker – Apple. This is intriguing because we can bet our bottom dollar that Bernstein never realised that ARM was founded as a result of co-operation between Acorn (the UK home computer maker) and Apple. Anyway, the good news is that there are plenty of positive signs for ARM. For starters, Xiaomi – the Chinese smartphone manufacturer enjoying major success in India, is a good ARM customer. And recently, Hong King based FIH Mobile (which makes the Xiaomi smartphones) forecast that its own profit will more than double. In the meantime, ARM has show that it knows the way things are going in the mobile world and is behind wearable technology as well as the IoT [Internet of Things] which we all used to known as M2M [Machine-to-Machine] technology. Continue reading

Chelsea Apps Factory considering AIM float

Founded by former md of the Current Bun [Sun]

Those GoMo News readers with long memories will probably remember the battle over mobile app specialist, amongst the Big Guns in the world of UK betting. The outcome was, of course, that Ladbrokes stole mobile specialist, Chelsea Apps Factory, from arch rival William Hill (see here). It now seems that Chelsea Apps Factory founder, Mike Anderson (former md with the Current Bun [Sun] newspaper) , is now considering floating the company on London’s AIM exchange. We also hadn’t realised that the leading accountancy firm, KPMG, has somehow built a 10 per cent stake in the company. Anyway, Anderson is betting on mobile apps as being the future. Continue reading

continued strength of iphone & app Store - cook Samsung retains smartphone crown despite iPhone’s Chinese sales

Sales in China did rise 71% though

Although Apple’s recently released figures (the quarter ending in March 2015) show that sales of the iPhone in China alone rose 71 per cent to £10.8 billion ($16.8 billion), research from Strategy Analytics showed that Samsung still retains the smartphone crown. It wasn’t just in China, either because overall iPhone sales were up by an impressive 40 per cent. The Cupertino based tech giant sold 61.2 million iPhones in this last reported period – up 40 per cent and above expectations. The company raked in profits of £8.7 billion ($13.6 billion), up from £6.6 billion ($10.2 billion) in 2014. However, Samsung recaptured the No.1 smartphone seller slot by shipping 83.2 million devices in Q1 2015compared to Apple’s 61.2 million. Continue reading

seth's photo is in the post Guest Post: The mobile screen revolution

by Seth MacIntosh, a tech blogger & big poker fan

Revolution may seem like a strong word to use when describing the impact that mobile screens have had on the world, but when you look at how much computing has changed, it starts to make sense. Even our idea of what constitutes a computer has been irreversibly altered and we’re moving forward in a way that few could have predicted just a few short years ago. With the new face of mobile screens and the infinite universe of apps tailored to every possible interest, we’re in a brave new era where usability, responsiveness, and mobility go hand in hand (pun intended) with computing. Continue reading

- clemmer Apple’s NFC supplier NXP to merge with Freescale

Ex-Philips firm to combine with ex-Motorola one

Probably best known in the mobile industry as the provider of NFC chips for Apple’s first Near Field Communication handset – the iPhone 6, NXP Semiconductors is set to merge with another chip specialist. The target is Freescale which is a former division of former mobile giant – Motorola. NXP itself was once part of the Dutch Philips Group. The driver behind this particular move? GoMo News thinks it is almost certainly related to the growing buzz around the Internet of Things [IoT] – formerly known as M2M [Machine-to-Machine] communications. NXP’s merger with Freescale creates a group which has a market capitalisation of roughly $40 billion. Continue reading

strong leadership rang out loud & clear - duffy UK telecoms firms say strong leadership essential

Also set to grow 4x faster than UK’s GDP says Barclays

In terms of what was likely to be important for sustaining or accelerating growth over the next twelve months, telecoms businesses placed particular emphasis on marketing and advertising, in addition to the strong leadership that has helped them achieve success to date. That’s according to the Barclays’ Technology, Media and Telecoms team’s Fast Growth Tech survey which was carried out by Illuminas. It surveyed the owners, founders and CEOs of 501 growing UK technology businesses with turnovers of £3million – £50 million, of which 81 per cent operate in the telecoms industry. It also showed that on average, telecoms businesses predicted that they will grow by 11 per cent over the course of the year. That’s over four times faster than the UK’s GDP forecast for 20151 (2.6 per cent). Continue reading

UK’s telco businesses set to grow 4x faster than GDP in 2015

The picture is even brighter for 2016 – with average expected growth rising to 13%

Press release

February 9th 2015. Barclays’ Fast Growth Tech survey, which questioned owners and CEOs of UK tech firms1, has revealed that many of the telecom industry’s bright lights are feeling confident about delivering a stellar year of growth in 2015. The research, independently commissioned by Barclays’ Technology, Media and Telecoms team revealed that on average, telecoms businesses surveyed predicted that they will grow by 11 per cent over the course of the year. That’s over four times faster than the UK’s GDP forecast for 20152 (2.6 per cent). Continue reading

Samsung’s handset division loses its shine

Launches handsets aimed directly at Indian market, though

Fir the first time since 2011, Samsung Electronics has announced an annual profit decline. And the clear culprit was Samsung’s handset division which could even be overtaken by its semiconductor division. In an admission that the Korean World Number One handset maker knows where the key battleground is, the company launched a number of handsets – including the A3 and A5, last week specifically aimed at India. Those are mid-range and entry phones whereas Samsung’s next flagship smartphone – obviously to be called the Galaxy S6, should make an appearance within the next few months? probably at the Mobile World Congress (MWC) in Barcelona we would guess. Continue reading

lei jun - more like gates than jobs Xiaomi’s Lei Jun should be compared to Gates not Jobs

If you have to compare someone to a famous North American, that is

Recently [January 3rd 2015] there was a very interesting profile in the Financial Times [FT] entitled, ‘Lei Jun, China’s smartphone billionaire … The man behind the world’s most valuable start-up“. That’s a reference to the fact that his company has just been valued at $45 billion [£29.3 billion]. The FT mentions the fact that Lei Jun dislikes comparisons between himself and Steve Jobs of Apple fame – something which GoMo News highlighted back in December 2013 here. When we reported that WPP’s Sir Martin Sorrell made Lei Jun his hot tip. So as the comparison keeps being made, we reckon that Lei should be compared to Bill Gates rather than Steve Jobs. Continue reading

clear warning to vodafone, sky & virgin - pescatore Actually BT goes for EE as its MNO

UK Teleco picks UK’s largest 4G operator rather than old mobile arm

In something of a turn up for the books, former UK entrenched Teleco, BT, has announced plans to acquire EE – the UK MNO [Mobile Network Operator] for £12.5 billion. The deal will be partly funded by a share swap but BT will have to raise around £7.3 billion in cash. France Telecom/Orange will take a four per cent stake in BT, and Deutsche Telekom will take a 12 per cent stake. The irony here is that UK comms regulator, Ofcom, originally handed a massive lead in 4G to a Franco-German owned MNO (EE) but it has now been acquired by a UK firm. EE still has a massive lead in 4G customer acquisition. Most observers ( Including GoMo News) thought that BT would opt for rival UK MNO, O2, instead. Continue reading

csr circuit board CSR could still be hopeful of bid from Apple

Extends deadline for a bid from Microchip Technology

CSR has extended the deadline for any further bid from US-based Microchip Technology to October 15th [2014] “to enable the parties to conclude their ongoing discussions” the company said in a statement. As GoMo News previously reported here, CSR rejected Microchip’s initial approach as too low. NSB’s analysts have suggested the value of the CSR could be as high as $2.7 billion. We still believe that Apple might come forward with its own bid because CSR’s chips form a critical part of certain of its products. Continue reading

dave_evans GoMo mourns loss of our journalist – Dave Evans

Far more than just a good financial news hound

It’s with great sadness that the team here at GoMo News has to announce the loss of our financial correspondent – Dave Evans. He finally lost a long battle with cancer on Saturday 13th September [2014]. For this publication, Dave has served us as a long established commentator on both the IT and cellular industries. His current focus was on share price trends within the mobile/cellular sector. However, Dave was far more than just a good financial news hound. he was a skilled writer and displayed an excellent sense of humour as witnessed by the first story Dave wrote for us ‘What The Butler Saw‘. Dave’s keen eye for a story and speed of copy delivery will be sorely missed here at GoMo News. Continue reading

a tame 4chan upload Careless picking led to iCloud security breaches Apple says

All the more reason for single sign-on (SSO) access

Careless whispering usually leads to celebrity downfalls but in the recent case of hacked pics [photos] from Apple’s iCloud cloud storage system, it was careless picking. “None of the cases we have investigated has resulted from any breach in any of Apple’s systems including iCloud or Find my iPhone,” Apple said in a statement. Apple says it discovered that certain celebrity accounts were compromised by a very targeted attack on user names, passwords and security questions. Which is apparently a common practice on the internet. So celebs had been picking easy to guess passwords. All the more reason to go for counter-measures like single sign-on (SSO) access, GoMo News argues. Continue reading

csr circuit board Apple could be pushed into bidding for CSR

Best known for its Bluetooth chips – products in Apple Beats headphones

The toast of the British high tech sector, microchip firm CSR (formerly known as Cambridge Silicon Radio) was recently at the receiving end of an takeover offer from US based rival Microchip Technology. Subsequently CSR said in an official statement, “The price proposed by Microchip has been rejected and the board is considering its options for the company.” However, the move has signalled CSR’s potential availability and led to speculation that another US based firm – potentially Apple could make a higher offer for the company. Interest in CSR is being fuelled by its latest move into the Internet of Things [IoT] sector. Continue reading

Vodafone continues its fourplay quest

Now it’s the turn of the Greeks with Hellas Online

As a sign that the UK’s leading MNO [Mobile Network Operator] still feels that the future lies in offering its customers a complete bundle, Vodafone has announced that its Greek subsidiary has agreed to acquire a 72.7 per cent stake in Hellas Online (HOL). It reckons that HOL – a leading provider of broadband and fixed-line telephony in Greece, has around 0.5 million customers. That represents a market share of approximately 11 per cent based on its own research. For that stake Vodafone is willing to pay the Intracom Group and World Equities Investments Holdings a total cash consideration of €72.7 million. This will help provide Vodafone Greece with the ability to offer the infamous four play to its customers. Continue reading