Monthly Archives: February 2016

Nokia now owns 91% of Alcatel-Lucent, merger underway

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Back in April last year Nokia announced it will acquire Alcatel-Lucent for €15.6 billion (an all-stock deal).

Now the Finnish company has announced that it controls 91% of Alcatel-Lucent shares after the second round of the transaction. The two companies have already started combining operations.

Nokia will need 95% before it can complete the acquisition.

By the way, “Alcatel” here is a different company than the one that makes the phones – those are made by TCL, which licenses the name.

Source |…

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LG teases ‘always-on’ display for G5

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It won’t be long before we have three new flagships on our hands, coming from LG, Samsung and HTC. The rumor mill has been busy buzzing about all of these new flagships, but today brings in a solid report about the LG G5 that comes straight from the manufacturer itself.

On its Facebook page, LG Mobile has posted a teaser for the LG G5 that talks about its “always-on” display. That sounds a little confusing, but it’s very similar to implementations that we’ve seen in other devices.

The full display won’t always stay on, but when you turn the display off, the LG G5 will continue to dimly display a small amount of key information in dim black and white. This information includes the time, date and small icons inedicating your current notifications.

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Making an always-on display such as this one, without utterly destroying battery life, is something that almost surely confirms that LG has switched to using OLED display technology. A traditional LCD display has a backlight that lights entire display, even when the pixels are black. This set-up drains power at the same rate regardless of whether the pixels are black or white. With an OLED display, each pixel is individually lit, allowing the display to use minimal power if the majority of the pixels are black.

With LG now dropping official teasers for the device, we’ll likely continue to learn more solid information before the device’s launch, which shouldn’t be too far in the future. Stay tuned.

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What To Expect At Mobile World Congress 2016

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I expect Mobile World Congress (MWC) 2016 is going to be a little different than before thanks to a few upcoming key technologies I’ll be previewing. When I go to Barcelona later this month, along with Moor Insights & Strategy’s Principal Analyst Patrick Moorhead, I still expect to see  a mobile-focused show with companies like HTC, LG Electronics, Samsung Electronics, Intel, Qualcomm, Nokia, Ericsson, Verizon Communications, SK Telecom, Vodafone, T-Mobile USA, AT&T and others showing off their latest wares and innovations. But along with upcoming smartphones and tablets, I also expect to see more about Augmented Reality (AR) and Virtual Reality (VR) as well as future standards and connectivity at MWC 2016.

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How Will The Fourth Quarter Shape Up For Expedia?

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Expedia is set to release its Q4 2015 earnings on February 10th. On the back of its strategic investments and initiatives, the company has been demonstrating solid performance so far in 2015 and we expect the trend to continue in the fourth quarter as well. It is estimated that Expedia might be owning about 75% of the U.S. online travel market share post its Orbitz acquisition. Though online travel still enjoys a small portion of the total travel industry in the U.S. (and also across the world), the rising trend of digital bookings does speak of an even brighter future for Expedia in North America. The company’s gross bookings for the first nine months stood at ~$46 billion (17% Y-O-Y growth) surpassing even that of the biggest global OTA, Priceline (whose gross bookings stood at ~$44 billion). To offer a perspective, Priceline’s current market capitalization is around $49 billion while that of Expedia is only around $14 billion. Expedia’s top line grew by around 17% for the first nine months of 2015 to stand close to $5 billion. More importantly, its net income grew by over 130% during the same period to reach $74 million.

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Yelp Earnings: Mobile Growth Slows, Guidance Tempers Expectations

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Yelp reported its earnings for Q4 FY15 on February 8th and the results failed to enthuse investors, with guidance tempering expectations. As a result, the stock price declined by over 10% during the trading hours. The company’s revenues improved to $153.7 million, a 40% growth in the top-line. Yelp reported a sequential and year-on-year decline in net income to a loss of $22.2 million. Additionally, adjusted EBITDA declined to $17.5 million compared to $25.09 million in the prior year quarter. Most of its performance indicators grew at a tepid rate on a sequential basis, albeit they were up in double digits compared to Q4 of last year. While the company reported 33.6% year-over-year growth in cumulative reviews to 95.2 million, the sequential growth was stalled at a paltry 6.2%. Furthermore, average unique monthly desktop visitors declined by 5.44% year over year to 74.60 million, indicating lower engagement among desktop users. Furthermore, engagement on mobile devices decreased as unique visitors from mobile declined to 85.9 million during the quarter, indicating fatigue of user adoption. Below we review Yelp’s Q4 FY 15 results by segment.

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