Thursday 12 April 2012

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Google's Q1: Motorola Mobility questions abound


Google reports its first quarter results Thursday and questions about the search giant’s plans for Motorola Mobility will surface.

The company is expected to report first quarter earnings of $9.65 a share on revenue of $8.15 billion excluding traffic acquisition costs. The focus will be primarily on Google’s paid click rates, but analysts will be antsy about Motorola too. Unfortunately, Google executives aren’t likely to say much given Chinese regulators are holding the deal up.

While the Motorola Mobility deal is mired in limbo, market share for the device maker continues to decline. The big question: Should Google ditch Motorola’s operations?

Piper Jaffray analyst Gene Munster outlined the Motorola Mobility issues. What will Google’s roadmap for Motorola Mobility look like?

He said:

    Given that investor focus has been on the impact of Motorola on margins, we believe that if Google were to outline an operational/financial roadmap for the acquisition, it would likely have a positive impact on Google shares. However, we believe once investors move past the impact to margins, the true concern may be fundamentals at Motorola. We note that Apple and Samsung have emerged as the clear leaders as smartphone providers. The pair provided 46 percent of all smartphone sales in Q411, up from 38% in Q3. Motorola’s smartphone market share decreased from 4% to 3% in the same period. If Google is serious about keeping Motorola as a part of its business, we believe the company must address the issue that Motorola does not seem to make devices that consumers want.

The solution here is relatively simple. Google will have to get better hardware designs from Motorola and hand it the latest Android releases. The catch is that Google partners will be annoyed.


Raj Rajput  [  MBA ] 
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Qwest Corporation Prices Debt Securities

MONROE, La., March 22, 2012 /PRNewswire via COMTEX/ -- CenturyLink, Inc. /quotes/zigman/203112/quotes/nls/ctl CTL +0.60% announced today that its wholly-owned subsidiary, Qwest Corporation, agreed to sell $500 million aggregate principal amount of 7.00% Notes due 2052. Qwest also granted the underwriters of this offering an option to acquire up to an additional $25 million principal amount of these notes to cover over-allotments. The closing of this offering is expected to occur on April 2, 2012.  



We intend to apply to list the notes on the New York Stock Exchange. If the application is approved, we expect trading in the notes to begin within 30 days after the initial issuance of the notes.

Following completion of the offering, Qwest anticipates using the net proceeds from this offering, together with available cash or additional borrowings available to it under CenturyLink's revolving credit facility, to fund its tender offer announced yesterday to purchase its outstanding notes due 2016 and 2015 for an aggregate purchase price of up to $500 million.

Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC are the joint book-running managers for this debt offering. The notes are being offered pursuant to Qwest's existing shelf registration statement, which became automatically effective upon filing with the Securities and Exchange Commission. A prospectus supplement and accompanying prospectus describing the terms of this offering will be filed with the Securities and Exchange Commission. When available, copies of the prospectus supplement and accompanying prospectus for this offering may be obtained from: Citigroup Global Markets Inc. at 877-858-5407, Merrill Lynch, Pierce, Fenner & Smith Incorporated at 800-294-1322, UBS Securities LLC at 877-827-6444 ext. 561-3884 or Wells Fargo Securities, LLC at 800-326-5897. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, and this offering will not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About CenturyLink

CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice, wireless and managed services to consumers and businesses across the country. It also offers advanced entertainment services under the CenturyLink(TM) Prism(TM) TV and DIRECTV brands. In addition, the company provides data, voice and managed services to enterprise, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.

Forward Looking Statements

This press release includes certain forward-looking statements, estimates and projections that are based on current expectations only, and are subject to a number of risks, uncertainties and assumptions, many of which are beyond the control of CenturyLink and Qwest. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to the possibility that Qwest's existing noteholders will not be receptive to the pending tender offer on the terms described above or at all; corporate developments that could preclude, impair or delay the above-described transactions due to restrictions under the federal securities laws; changes in the terms or availability of CenturyLink's credit facility; changes in Qwest's credit ratings; changes in Qwest's cash requirements or financial position; changes in general market, economic, tax, regulatory or industry conditions that impact the ability or willingness of Qwest to consummate the above-described transactions on the terms described above or at all; Qwest's continued access to credit markets on favorable terms; and other risks referenced from time to time in CenturyLink's or Qwest's filings with the Securities and Exchange Commission. There can be no assurances that the above-described transactions will be consummated on the terms described above or at all. You should be aware that new factors may emerge from time to time and it is not possible for CenturyLink or Qwest to identify all such factors, nor can CenturyLink or Qwest predict the impact of each such factor on its plans, or the extent to which any one or more factors may cause actual results to differ from those reflected in any forward-looking statements. You are further cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Neither CenturyLink nor Qwest undertakes any obligation to update any of its forward-looking statements for any reason. 


Raj Rajput  [  MBA ] 
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Mobile Opreter,
China China Mobile ,
United Kingdom Vodafone,
India Airtel,
Mexico América Móvil ,
Spain Telefónica (Movistar, O2 & Vivo)
France Orange
Norway Telenor
Russia Beeline
Singapore SingTel,
Malaysia Axiata Group Berhad,
China China Unicom,
Finland/Sweden TeliaSonera,
Saudi Arabia Saudi Telecom Company (STC)
South Africa MTN Group
United Arab Emirates Etisalat ,
India Reliance Communications ,
Germany T-Mobile ,
United States Verizon Wireless ,
Russia MTS ,
United States AT&T Mobility
China China Telecom
Indonesia Telkomsel
India Idea Cellular
India BSNL
India Tata Teleservices
Italy Telecom Italia / TIM
Malaysia Maxis Communications
Turkey Turkcell
Qatar Qtel   
 





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RIM Plans Dubai Flagship Store in Retail Push



Research In Motion Ltd. (RIM), seeking to offset plunging U.S. sales, is preparing to open stores across the Middle East as part of a push in a region where demand for its BlackBerry phones has held up better.

The company is in the final stages of negotiating a lease on a flagship store of as much as 1,500 square feet (140 square meters) in Dubai, the United Arab Emirates city-state known for its malls, said Sandeep Saihgal, managing director of RIM’s Middle East business. Stores with local partner Axiom Telecom are planned across the region, he said.

“We’re getting the first one up and running and then we’ll be looking at other cities across the Middle East -- Saudi Arabia, Kuwait, Qatar,” Saihgal said in an interview this week at RIM’s headquarters in Waterloo, Ontario, where he was visiting from his base in Dubai.

While Americans are dumping their BlackBerrys for Apple Inc. (AAPL) (AAPL)’s iPhone or Android devices, RIM is counting on first-time smartphone buyers across the Middle East, Africa and Asia to choose a BlackBerry. Helped by features like the free instant- messaging BlackBerry Messenger program, shipments in the Middle East and Africa more than doubled to 2.29 million units in the fourth quarter from a year earlier, outselling the iPhone by a margin of 4-to-1, IDC data show.
Africa Next

RIM’s push into retail mimics the strategy of Apple, which is relying on its own stores around the world in addition to partners to sell its products. While additional stores add sales channels, they alone won’t help RIM revive global demand -- it also needs better products, said Anil Doradla, analyst at William Blair & Co.

“Apple stores do well not because of the store experience -- which definitely is a positive -- but because they make good phones,” said Doradla, who is based in Chicago and rates (RIMM) RIM the equivalent of a hold. Until RIM “addresses the phone issues, they’re not going to get a lot coming out of these stores.”

RIM’s shares have slid 76 percent in the past year, while Apple almost doubled. RIM added (RIMM) 0.9 percent to $13.05 yesterday.

The Middle East expansion will probably be followed by Africa, with RIM planning flagship stores in markets including Nairobi, Kenya, and Lagos, Nigeria, Patrick Spence, RIM’s global head of sales, said in the interview with Saihgal.

In February, RIM said it’s planning about 4,000 outlets across Indonesia, including dedicated BlackBerry stores, store- in-stores and kiosks, a “proving ground” for potential additional locations across southeast Asia.
Local Preferences

To cater to local tastes, RIM plans to customize the look of its Middle Eastern stores with Axiom, which bills itself as the Middle East’s largest mobile-phone distributor.

“The Middle East is different from Indonesia and what we need to do is a little bit different in terms of the experience we want to deliver,” Spence said. “We’re being very focused in terms of the countries and cities we’re doing it in, based on where the brand is and what we think we need to do.”

Spence, who has been with RIM since 1998, runs global sales (RIMM) from its offices in Slough, England. Once one of RIM’s strongest markets, sales in the U.K. fell 32 percent last quarter.

RIM doesn’t break out sales by country other than for the U.K., Canada, and the U.S. While sales plunged 25 percent last quarter from a year earlier, dragged down by a 57 percent drop in U.S. revenue, sales from the rest of the world including the Middle East were little changed at about $2.84 billion.
Android Threat

Still, RIM is set to face intensifying competition in emerging markets as low-cost Chinese manufacturers like Huawei Technologies Co. and ZTE Corp. (000063), who make handsets running Google Inc. (GOOG) (GOOG)’s Android software, concentrate their firepower on Africa and Asia. Android’s gains at the BlackBerry’s expense in the U.S. may be repeated in markets outside North America, William Blair’s Doradla said.

“The North American smartphone market has proven to be the testing lab for the success and failure of these smartphone vendors,” he said. “Whatever happens in the North American market on a delayed time basis shows up on a global basis.”

RIM is up to the challenge, Spence said.

“Android continues to come on everywhere,” said Spence, who was formerly based in Asia. “Even with the influx, especially at Christmastime, of a lot of really cheap products in the Middle East, in Africa, in Europe, we’ve held our own.”

The slump in markets such as the U.S. drove RIM’s global market share to 8.8 percent in the fourth quarter from 15 percent a year earlier, according to Gartner Inc. Android jumped to 51 percent from 31 percent and Apple climbed to 24 percent from 16 percent.
No Rushing

Thorsten Heins, RIM’s new chief executive officer, said last month that the company will refocus on the corporate market, where it has lost market share, and concentrate on “targeted” consumer markets.

That led to the wrong impression that RIM was retreating from some markets or regions, Spence said. Rather, it means RIM isn’t trying to match every rival device, he said.

RIM has said it plans to debut the first phone on its new BlackBerry 10 platform in the “latter” part of this year. Spence wouldn’t elaborate on when that would be, adding only that RIM learned from past mistakes that it’s critical to get the phone as good as it can be rather than rushing it out.

“We’ve got to make sure we deliver more than we have in the past,” Spence said. http://best-blackberry-mobile-review.blogspot.in/



Raj Rajput  [  MBA ] 
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iPhone 5 to Get “New Sleek Look”, Says Analyst

iPhone 5  could be sporting a "new sleek look" comprised of 4-inch display screen and a unibody case.



These are the findings of an analyst at Topeka Capital Market Brian White research based on his trip to Asia that aimed to find out the new specs and features of iPhone 5.

According to Brian White, "In our view, this will be the most significant iPhone upgrade with a four-inch screen and a new, sleek look that we believe will require a Unibody case. This new, sleek look will be the most important reason that consumers decide to upgrade to the iPhone 5, while we believe the addition of 4G will also attract buyers of the new device."

Brian White added that suppliers from Asia such as Foxconn in China are rushing the production of the supplies in June, just in time for the August-September launch of the device.

Some of the highlights of White's report are:


- Display issues have caused a bit of a bottleneck on supplies of the new iPad, but the shortages seem to be easing. Any small constraints on March quarter sales numbers would be compensated for by a boost to June quarter sales.

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- Suppliers suggest that a smaller "iPad mini" is still in the works, but launch timing remains unknown.

- While the new iPad is not yet officially available in China, some resellers are already carrying the device. Speculation is pointing to a potential May release for the new iPad in China, although evidence for that timeframe beyond a recent regulatory approval appears scant. 

There have been a lot of rumors about the new iPhone 5 such as it will be equipped with a variant of A5X chip, 1GB RAM in iPhone 4S/iPhone 4 casing. There is also a rumor that the next generation of iPhone will be released in June. However, other rumors say that iPhone 5 will be released in the fall of 2012, which will sport the same screen size; support 4G LTE like the new iPad 3 and will come with a new micro dock connector.

As usual, there is no confirmation from Apple as to when they plan to release the highly-anticipated iPhone 5.




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