Gene Munster, Will ThompsonApple Pay Card Creates New Payments User ExperienceToday, the Wall Street Journal is reporting that Apple will, later this year, launch an Apple-branded credit card in partnership with Goldman Sachs. While this may only add a fraction of a percent to revenue in the next five years,…Read more Apple
Gene Munster, Will ThompsonChanges at the Top Position Apple for the FutureYesterday, the Wall Street Journal published a report detailing changes to Apple’s senior management over the last year. We view these changes as positive because they position Apple for a new type of growth around Services and frontier technology. Since…Read more Apple
Gene Munster, Will ThompsonApple Pay Adoption Continues to ClimbOn Apple’s Dec-18 earnings call, we were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of the ecosystem, as it only represents a fraction of a percent of overall revenue,…Read more Apple
Gene Munster, Steve Van SlounNvidia: FY20 Outlook Too AggressiveShares of NVDA are trading up 5% after hours, as final results for Jan-19 were in-line with the disappointing pre-announcement. While we are believers in the Nvidia story and expect the company to be one of the more notable winners…Read more Artificial Intelligence, Cryptocurrency, Gaming, Nvidia
Gene Munster, Pat BocchicchioLyft Is Showing Us the Future of Augmented RealityWhen a new generation of products and services are unveiled, it’s easy to get caught up in the novelty and advances of the underlying technology. We see it all the time at conventions like CES where LG displayed an array…Read more Apple, Artificial Intelligence, Augmented Reality, Google, Meta, Microsoft, Snapchat
Gene Munster, Will ThompsonTesla Results Reduce Systemic RiskTesla reported Dec-18 mixed results, beating revenue but missing earnings. Shares are down 4% after hours, reacting mostly to news of CFO Deepak Ahuja leaving the company. Bottom line: the company’s fundamentals are trending in the right direction, and the list…Read more Autonomous Vehicles, Tesla
Gene Munster, Will ThompsonApple’s Ecosystem Will Lead the Company Through a Difficult 2019Apple reported Dec-18 results essentially in-line with the company’s January 2nd pre-announcement. While revenue was down about 5% y/y, EPS was up 8% to a record high. Bottom line: no company can escape macroeconomic conditions, but Apple is successfully navigating…Read more Apple
Gene Munster, Will ThompsonThe Case For Tesla’s “Business Miracle”Believers in the Tesla story are accustomed to having their faith tested. Last week’s 7% headcount reduction, what appears to be an upcoming revenue and earnings guide down for Mar-19, and pending $920M debt payment due in March emphasize that point.…Read more Autonomous Vehicles, Tesla
Doug ClintonDeconstructing “The Facts About Facebook”Mark Zuckerberg is telling us what to believe again, this time in a WSJ op-ed “The Facts About Facebook.” Zuckerberg’s defense of Facebook’s business model is fair. Unfortunately, the article also shows we shouldn’t expect Facebook to change how it…Read more Meta, Tech Addiction
Gene Munster, Will ThompsonTesla Earnings Preview: Expect Conservative March GuideTesla reports its Dec-18 quarter on Wednesday, January 30th. As a recap, the company announced on January 2nd that it had produced 86,555 vehicles including 61,394 Model 3s in the Dec-18 quarter, essentially in line with the Street. Here is…Read more Tesla
