Friday, July 27, 2012

Strong Demand for Smartphones in Second Quarter Continues to Drive the Worldwide Mobile Phone Market, According to IDC

The worldwide mobile phone market grew 1% year over year in the second quarter of 2012 (2Q12), as Samsung and Apple shipped almost half of the world's smartphones. According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, vendors shipped 406.0 million units in 2Q12 compared to 401.8 million units in the second quarter of 2011.

Equinix's Journey To $3 Billion Sounds Achievable

Read the whole article at Seeking Alpha:

>>During its recent analyst day in New York, Equinix's (EQIX) management sounded quite upbeat on the company's long term growth prospects. After a four-fold rise in revenues since 2007, the company is now guiding to reach $3 billion in sales in 2015, almost a double compared to 2011 revenues.
After a quick look at Equinix's past performances, we'll try to break down a few reasons why we believe the company is well positioned to reach this ambitious target.

Thursday, July 26, 2012

Equinix Delivers Another Solid Quarter, Expands In Brazil

Read the whole article at Seeking Alpha: 

>>Equinix (EQIX) delivered another solid quarter last Wednesday night, and guided above consensus for Q3 and full year 2012.
Let's have a quick look at some of the highlights of the quarter:
  • Revenues of $466.3M (+18.1% Y/Y, +3% Q/Q) slightly missed consensus of $ $467.1 million. On an FX-neutral basis, Q2 revenues increased 4% Q/Q and were up 22% over the same quarter of last year. Negative currency trends impacted the quarter for about $3 million, compared to FX guidance rates;
  • Q2 EPS of $0.76 beat consensus by $ 0.15 per share;
  • The company guided for revenues of $492 million to $498 million in Q3, above consensus of $485.2 million (including $13 million to $15 million of revenue attributed to the Asia Tone and ancotel acquisitions), and increased 2012 guidance to greater than $1,920.0 million;

Wednesday, July 25, 2012

Nokia's Better-Than-Expected Cash Performance A Trap For Investors?

Read the whole article at Seeking Alpha: 

>>Nokia (NOK) recently delivered mixed earnings, which surprised investors, on the positive side, thanks to the company's strong net cash balance of €4.2B ($ 5B) at quarter's end, marginally down from €4.9B ($5.9B) in Q1 2012, in spite of a net loss of €1.41B ($ 1.7B) in the quarter.
The stock bounced on the news, to give back most of its gains the following day.

Tuesday, July 24, 2012

Equinix Change to REIT Seen Saving $312 Million in Taxes

from Bloomberg: 

>>“Tax efficiency is the most important attribute of being a REIT, so that’s certainly a positive,” said Clayton Moran, an analyst at Delray Beach, Florida-based Benchmark Co., who recommends buying the shares. “REITs are valued at a premium given that they’re highly recurring dividend plays.”

Toshiba REGZA T-02D smartphone launches in Japan

from Engadget: 

>>Confusingly announced by Fujitsu, the Toshiba Regza T-02D will settle into a wall of similarly bright-colored, good-looking smartphones in NTT DoCoMo stores starting this week.