Tag: Apple

META: Where Will Growth Come From?

META: Where Will Growth Come From?

Analysts estimate that META will grow revenues in 2023 over 2022. However, the estimates I see imply that revenue growth will be back-end loaded. We know how that usually ends. I see META struggling to generate year-over-year Revenue growth and expect for 2023 to be a down Revenue year. Zuckerberg is not an Operator. META's … Continue reading META: Where Will Growth Come From?

WWE Is Comcast’s To Lose

WWE Is Comcast’s To Lose

I don't buy the idea that anyone other than Comcast (CMCSA) will acquire WWE (WWE). As I previously wrote, Comcast partners with WWE, knows the brand, features WWE content on its Peacock streaming service, did months of heavy lifting to port WWE Network content to it's Peacock platform and has built relationships with WWE executives. … Continue reading WWE Is Comcast’s To Lose

Technology Leaders Will Gain Share

Technology Leaders Will Gain Share

Past recessions have taught us that leading Technology companies typically gain marketshare during down economies. I would expect this economic down period to be no different. Good news for Amazon (AMZN), Microsoft (MSFT), and others. Amazon (AMZN) and Microsoft (MSFT): Amazon's AWS unit and Microsoft's Azure unit will be mixed bags: Usage: Usage - and … Continue reading Technology Leaders Will Gain Share

OpenAI’s Rich Valuation

OpenAI’s Rich Valuation

Irrational valuations still exist, especially in the private market thanks to more than a decade of easy Fed policy. 2023 will be the year that venture firms write down portfolio valuations if they have not done so already. We wrote about OpenAI's natural language offering - ChatGPT - last week. For what it's worth, OpenAI … Continue reading OpenAI’s Rich Valuation

Bob Iger’s Mission? Sell Disney.

Bob Iger’s Mission? Sell Disney.

I am not buying the talk that Bob Iger's mission is to identify his successor at Disney (DIS). A sale will most likely be Iger's final act as Disney CEO. Iger already whiffed once with his selection of Bob Chapek as his successor. Iger will not make the same mistake twice. Rather than name a … Continue reading Bob Iger’s Mission? Sell Disney.

Amazon Prime: The Most Active Streamer

Amazon Prime: The Most Active Streamer

We expect Amazon Prime to be the most active streaming service over the next number of years in terms of its overall commercial activity. This will be especially true as it relates to: 1.) strategic partnerships with other content providers across content categories (sports & entertainment), as well as 2.) acquisitions. Apple (AAPL) and Amazon … Continue reading Amazon Prime: The Most Active Streamer

Live Sports Remains The Traditional Content King

Live Sports Remains The Traditional Content King

Live sports still captures the most eyeballs across traditional content categories (certain video game title releases capture more eyeballs). If Apple (AAPL), Amazon (AMZN), Disney (DIS), Google (GOOGL), WarnerBrosDiscovery (WBD), Fox (FOXA), Comcast (CMCSA), Netflix (NFLX) or another large media player was to announce a deal that it was acquiring a sports franchise, I generally … Continue reading Live Sports Remains The Traditional Content King

Bob Iger’s Back as Disney CEO

Bob Iger’s Back as Disney CEO

It is hardly a surprise that Bob Iger is back as Disney (DIS) CEO. One of the first operational changes that former Disney (DIS), CEO Bob Chapek made was to put management layers between himself and Creative which was far from the optimal leadership structure for churning out consistently great content - a prerequisite for … Continue reading Bob Iger’s Back as Disney CEO

Apple & Microsoft Will Impede META’s Recovery

Apple & Microsoft Will Impede META’s Recovery

The metaverse is a fancy term for AR and VR technologies. Apple is an AR/VR laggard, but that is likely to change in Q1 2023 as Apple rolls out its AR/VR headset. Microsoft has played in the AR/VR space for a few years. Both AAPL and MSFT have stronger balance sheets to leverage across AR/VR … Continue reading Apple & Microsoft Will Impede META’s Recovery

Zuckerberg & The Metaverse Underscore Why CEOs & Management Teams Matter

Zuckerberg & The Metaverse Underscore Why CEOs & Management Teams Matter

When you invest in a company (public or private), you're betting on the CEO and management team, not a product or service. A CEO can torpedo or lift a company's prospects overnight. Microsoft under former CEO Steve Ballmer and current CEO Satya Nadella underscores the importance of the CEO. Ballmer was a Marketing exec that … Continue reading Zuckerberg & The Metaverse Underscore Why CEOs & Management Teams Matter