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Misfit CEO: You Just Can't Walk Into China, Translate Your App And Expect Acceptance
Tuesday, June 16, 2015 - 4:59pm | 427When Apple Inc. (NASDAQ: AAPL) launched its Apple Watch, the whole focus in the wearables space shifted to watches. However, wearables as a category is not restricted to watches, and there are several other integrations that are being introduced by company’s like Misfit. Sonny Vu, Misfit...
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IPO Outlook: Fitbit Running On Pace For This Week's Hot IPO
Monday, June 15, 2015 - 1:05pm | 1515The wearable fitness tracker company Fitbit, Inc. hopes to raise $358 million this Friday in what could be the hottest IPO of 2015. With great growth across the board, the company plans to issue 22.4 million shares between $14 and $16 per share on the NYSE under the ticker FIT. What Is Fitbit?...
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What's Xiaomi? And Why Should You Care?
Tuesday, June 9, 2015 - 2:00pm | 476The familiarity with Chinese electronics company Xiaomi may not currently be universal, but that is about to change. The five-year-old startup has made waves in Asia with low priced smartphones and other connected goods, but the company's CEO Lei Jun says China is only the beginning. Low-Cost...
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Cramer: Ambarella Will Grow From Drones, Not GoPro
Monday, June 8, 2015 - 2:39pm | 296Shares of Ambarella Inc (NASDAQ: AMBA) continued their post-earnings surge on Monday, trading at new all-time highs of $111.88, up more than 7 percent on the day. Shares have now fallen slightly, but are still up nearly 5 percent. Ambarella reported its first quarter results last week, which jolted...
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No, Xiaomi's President Didn't Say He 'Will Acquire' BlackBerry
Thursday, June 4, 2015 - 10:59am | 230Another day, another Blackberry Ltd (NASDAQ: BBRY) rumor. Comments from Xiaomi president Bin Lin on Wednesday sparked rumors that the Chinese firm would be acquiring BlackBerry. A post by the executive on Weibo, according to Google Translate, seemed to say that his company "will acquire Blackberry...
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Gartner: Apple Now No. 1 In China, Samsung Losing Global Share
Friday, May 29, 2015 - 10:41am | 487Apple Inc. (NASDAQ: AAPL) is now China's largest smartphone vendor, according to Gartner. Gartner, a leading information technology research and advisory company, stated earlier this week that iPhone sales surged 72.5 percent during the first quarter of 2015 in China. As such, Apple is the...
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Xiaomi Poised To Launch Accessory Sales In U.S., Euro Markets
Thursday, May 28, 2015 - 2:48pm | 282The world's third-largest smartphone distributor Xiaomi Corp. will start selling in the U.S. and parts of Europe for the first time next week via its website. Smartphones won't be available on the site, where it currently features a couple of inexpensive "power bank" power...
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Apple Topples Competition; Becomes The Largest Smartphone Vendor In China
Monday, May 11, 2015 - 4:04pm | 420Research firm IDC recently released a report on Chinese smartphone shipment, which circulated the idea that Apple Inc. (NASDAQ: AAPL) toppled all other major smartphone makers in the first quarter of 2015 to become the largest smartphone vendor (by shipment) with a market share of 14.7 percent....
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GoPro: Bullish And Bearish Cases Explored
Thursday, April 30, 2015 - 1:37pm | 440GoPro Inc (NASDAQ: GPRO) posted phenomenal first-quarter results, which sent its shares soaring on Friday. However, analysts are divided about where the company goes from here. Wedbush Securities' Michael Pachter and Jason Rotman of Lido Isle Advisors were on CNBC recently to make their...
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GoPro's International Story Is 'Kicking In'
Wednesday, April 29, 2015 - 8:17am | 383In a report published Wednesday, Barclays analyst Joseph Wolf said that it is "hard to find much fault" in GoPro Inc (NASDAQ: GPRO)'s first quarter print as units shipped rose 58 percent year-over-year, driving a revenue beat. Wolf said GoPro's gross margin of 45.2 percent was...
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Alibaba Eyes Indian Mobile Market With 25% Stake Of Micromax
Monday, April 27, 2015 - 12:06pm | 303The Economic Times on Monday reported the country's largest home-grown manufacture of mobile phones, Micromax, is close to finalizing a deal to sell 25 percent of itself to a consortium led by Ant Financial Services Group, China's leading online financial services company that owns Alipay and is...
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2 New Stories GoPro Investors Should Be Aware Of
Thursday, April 9, 2015 - 2:11pm | 258GoPro Inc (NASDAQ: GPRO) was trading higher Thursday on little news, save a brief viral video from a camera accidentally dropped by a Swedish sky diver. A police shooting in North Charleston, South Carolina, captured on a smartphone video, may have put investors in mind of GoPro's action...
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3 Big Stories This Apple Analyst Is Watching
Thursday, April 9, 2015 - 8:26am | 303JP Morgan's Rod Hall outlined three news events that he is watching for on Apple Inc. (NASDAQ: AAPL). These concern the Apple Watch, as well as news from Xiaomi about strong Chinese smartphone sales. Apple Watch Performance Problems to be Fixed with Software Update Ahead of April 24 Launch...
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MKM Comments On Semiconductors, Says This Is Still The 'Golden Age' Of Radio Frequency
Tuesday, April 7, 2015 - 1:45pm | 348In a report published Tuesday, MKM Partners analyst Ian Ing argued that any near-term weakness in Radio Frequency (RF) names represents a buying opportunity as RF names remain a relative value, trading at a discounted multiple to the S&P 500. "While we agree with consensus opinion that...
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Ambarella Has 'Material Upside Opportunity' In Xiaomi's Action Camera
Monday, April 6, 2015 - 2:45pm | 208In a report published Sunday, Pacific Crest analyst Brad Erickson commented that China-based Xiaomi Inc. aspires to create the action camera market in China. As such, Ambarella Inc (NASDAQ: AMBA) should benefit as consumers flock to the category in a similar manner as seen in North America and...