Apple from Bear to Bull Apple (AAPL) sentiment was changed from being bearish to bullish, after its sharp stock price correction and negative sentiment towards the stock. The biggest risk is that Apple is facing increased competition in its core business segments of smartphones and tablets. Smartphone competitors like Sony (SNE), HTC, Samsung have also […]

HTC in Emerging Markets The Taiwanese smartphone company HTC, which had made a name for itself by selling top end smartphones in developed market, is facing tough questions due to ascendance of Apple and Samsung. The company is now being forced to reexamine its strategy of focusing only on premium smartphones, as that market has […]

While Apple has killed many Technology Companies through stunning product innovation and super marketing, our view of the current stock price of Apple is that it is overpriced. Technology stocks cannot be valued based on traditional financial ratios such as P/E,P/S etc. For buying and selling technology stocks, you have to understand the technology industry […]

Apple being the most valued company in the world with a current market capitalization of more than $600 billion has tons and tons of research being written about it daily. While I could be all quantitative and give out figures like margins, revenues, growth rates etc., I have written a more qualitative note with reasoning […]

The mobile phone market has changed radically in the last few years with the advent of Apple’s iPhone. The introduction of the Apple smartphone was a major game change in the Technology Industry with the whole existing ecosystem undergoing a fundamental realignment. The once dominant Nokia with a 40% global marketshare of the mobile phone […]

The Taiwanese Solar Industry has become the 2nd largest in the world following in the footsteps of China.Taiwanese Solar Industry has a longer history than the Chinese with Solar Cell Makers Motech and E-Ton establishing themselves globally way back in 2006.However the steep fall in solar panel prices following the Lehman crisis had led to losses for these companies as the Chinese companies surged ahead using their low cost manufacturing.The crisis also led to the emergence of newer Taiwanese companies like Gintech,Neo Solar which are growing at extremely fast rates.Note Taiwan is a hub of semiconductor manufacturing with leading companies like TSMC,AUO,UMC,HTC etc.Solar Industry uses many of the same technologies,raw materials and techniques common to semiconductor and Display Panels Production giving Taiwanese firms a natural advantage.Taiwan has been predominantly present in the crystalline Solar Cell part of the supply chain and lacks a big manufacturer of polysilicon ( though a facility has been started).The lack of vertical integration has also made the costs of the Taiwanese industry higher.The entry of large companies like AUO,TSMC has further increased the competition in the Taiwanese market.Note Taiwan’s government has also promoted the use of solar energy in the country through the use of a Feed in Tariff program.