Nokia
Handset supplier revenue change
Source: BoA, Merrill Lynch
Broadcom Baseband Customer Ramp Estimates
Goldman Sach’s expects Broadcom’s mobile and wireless segment to remain the company’s most critical growth driver through 2011, and the most critical swing factor for the stock as well. Following a series of recent checks, we believe we now have better visibility on the ramp of Broadcom’s cellular business, and we forecast Broadcom’s baseband revenue [...]
Smartphone OS Strategy
Source: Barclays Capital
Perhaps a better approach to examine rather than trying to ascribe a specific strategic value to WebOS, is to examine the competitive landscape in order to assess which vendors could potentially utilize the asset. In our view, while we cannot shut out the possibility of any leading OEM being interested in Palm, we believe [...]
Smartphone Market by OEM
Source: BofA, Merrill Lynch
From the perspective of unit shipments, last year (trailing twelve months or TTM) shipments of smartphones were 158.9mn, up 6% YoY, a sharp deceleration from the 22% growth in 2008. However we attribute this to the macro weakness.
Nokia slightly lost share, down from 40% in 2008 to 39% in 2009e and down [...]
Mobile World Congress (MWC): Observations from Barcelona
Last week the wireless industry met in Barcelona for the annual Mobile World Congress. I had the good fortune to attend the show and my company Sandbridge was an exhibitor.
The big announcement at the show was Nokia’s license to Broadcom of their modem IP. This legitimizes Broadcom’s cellular offerings on top of an already strong [...]