» Help Support .NET!
DCSportbikes Premier Membership for 25$ per year. Discounts! Click here for full information.

Now available in the .NET Shop:

Get your DCSBN Gear!
» Shoutbox
Sorry, only registered users have the ability to use our real-time shoutbox to chat with other members.

Register now, it's free!
» Online Users: 549
2 members and 547 guests
Sal_the_man, tonetone
Most users ever online was 4,519, September 2, 2015 at 03:26 AM.
Go Back   DCSportbikes.net > Non-Sportbike Forums > Non-Sportbike Chat

LinkBack Thread Tools
static's Avatar
Posts: 7,080
Join Date: October 2, 2002
Location: metro
FONE - February 18, 2011, 12:40 PM

Will you be investing?

Smartphone ETF: Is it the right way to bet on the smartphone craze? - MarketBeat - WSJ

"Love is love and family is what is around you and who is in your immediate sphere."
  Send a message via AIM to  
Reply With Quote
Your Ad Here
Heist's Avatar
Posts: 32,590
Join Date: August 25, 2008
Location: Washington, D.C.
February 18, 2011, 03:04 PM

74 holdings? 45% handset makers, 45% software applications/hardware components and 10% providers.

Nope. Not now. I don't like their weighting or their mix. I'd like to see the basket narrowed to ~50 holdings and a heavier ratio put on component manufacturers and providers - something more in order of 40% network provider, 35% component/software manufacturers, and 25% handset manufacturers.

Why? Component manufacturers get long lead orders. The minimum is 90-Days out with a 10% deposit, so regardless if the handset is a success or not their money is on table and guaranteed. They don't make a single part until they have a P.O. Not to mention, I as investor get a forward looking snapshot as to the health of market and forecast for handset based on the purchase orders being put in.

Network providers, their margins are ridiculously fat and that revenue is subscription based reoccurring revenue. Every month you can count seeing an ARPU (Avg Revenue Per User) number that is multiplied by their entire subscriber base minus and churn (people leaving / cancelling) and bad non-paying accounts.

Compare that risk to an equipment manufacturer who eats it when a product is a dud. Has to deal with returned handsets and unsold goods, but more importantly they only get a single sale opportunity every few quarters.

Buy an Iphone or Android - you pay your $300 - and then you're not seen from again for another 14-16 months at a minimum as compared to a Network provider where they are ringing the register for $75-150 every single month.

“Any man who tries to be good all the time is bound to come to ruin among the great number who are not good. Hence a Prince who wants to keep his authority must learn how not to be good, and use that knowledge, or refrain from using it, as necessity requires”.

- Nicolo Machiavelli 1469-1527

  Facebook Page MySpace.com Page Send a message via AIM to  
Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Powered by vBadvanced CMPS v3.2.3

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0
vBulletin Skin developed by: vBStyles.com
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest © 2002-2010 by DCSportbikes.net. DCSportbikes.net is owned by End of Time Studios, LLC.