Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought you sold...where did this "we" come from. Not that I like the idea of going to 45 and beyond.
-vg_future
Thanks loophole73...I am hoping that ITC gets it right this time.
Appreciate your response.
-vg_future
Thanks for the clarification/details olddog967.
-vg_future
Quick question, TIA. The recent markman hearing which was favorable to IDCC....is it related to tonight's ITC case or a different one.
I appreciate any response.
Thanks,
vg_future
zdog, IMHO, that is not the case. The market isn't helping and if you see there is no volume in the trading...so, probably people are waiting for tomorrow's event.
-vg_future
nokiashill, I understand. What I am saying is that 600M by itself is not a small number and would command excellent price for IDCC shares. If we are discussing the valuation of IDCC being $200 or $300 a share, then I understand.....but, being at around $50, both of those numbers are significant and very attractive to say the least. Hence it is NOISE at this point.
IMHO,
vg_future
Folks, 600 million is not a small number and with a hefty cash position, it make sit even more attractive. So, any noise about the difference is just that...NOISE. With that kind of revenue, cash position and low share float.....IDCC would be worth A LOT.
goodluck to all true longs!
vg_future
AMZN most likely will enter the phone market with their June 18th special event. So, it could be a good candidate for a potential something (licensee, buyer of whole or patents) for IDCC.
Goodluck To All Longs!
vg_future
Pegatron is picking up more iPhone orders..good for us.
http://wallstcheatsheet.com/technology/report-pegatron-is-picking-up-a-bigger-iphone-load.html/?ref=YF
The latest report coming out of Taiwan suggests that frequent Apple (NASDAQ:AAPL) supplier Pegatron will make 15 percent of the upcoming iPhone 6 devices in addition to the continued manufacture of last year’s iPhone 5S and 5C, as reported by Taiwanese newspaper Commercial Times, per AppleInsider.
The report said that Pegatron will manufacture 50 million iPhones in 2014, up from 35 million in 2013. The increase in production likely comes from Apple getting ready to release a new device this fall.
Pegatron is moving some of that workload to a facility in Kunshan, the report said. AppleInsider pointed out that this matches claims from a report issued by The China Times in March, which said that the facility in Kunshan would serve to help Pegatron boost production, with the manufacture of the iPhone 6 beginning sometime in the second quarter. That report also claimed that Pegatron was training a huge number of new employees to work on building the smartphones.
Historically, the production of the latest iPhone would go solely to Apple’s biggest supplier, Foxconn. AppleInsider said that the push toward giving a higher volume of iPhone production to Pegatron is a move on Apple’s part to diversify its supply chain.
Pegatron’s latest earnings have shown that the company is growing through its partnership with Apple and has become an important supplier to the company. It has been estimated that Pegatron gets 40 percent of its revenue from Apple and that Apple uses eight different Pegatron facilities in the Chinese cities of Shanghai and Jiangsu to manufacture iOS devices.
Prevalent rumors about the iPhone 6 have suggested that the device will come in two different larger screen sizes, a 4.7 inch and a 5.5 inch. As people use their smartphones for more computing tasks, bigger screen sizes have gained popularity because they’re easier to look at for long periods of time. It’s rumored that the 5.5-inch device will come a bit later than the smaller phone due to production issues.
Various drawings and images claimed to be plans for the new iPhone have been making the rounds online, as per usual for new Apple products. Some other rumors about the device claim that it will be Apple’s thinnest iPhone yet and that the screen will be made using sapphire technology developed at the GT Advanced Technologies plant in Arizona that Apple purchased last year.
A sapphire screen will help Apple meet the goal of making the device thinner and lighter, and the material is nearly impossible to scratch. Another rumor has suggested that the device will contain a curved screen that bends down over the edge of the phone.
Some of these innovations see Apple responding directly to its number one enemy, Samsung (SSNLF.PK). Samsung has already released smartphones with bigger screen sizes, and the Galaxy Round has a curved screen.
IDCC-Pegatron seems to be very good for IDCC.
-vg_future
olddog967, they pick the companies that have their own basket of troubles to do this type of manipulation. It comes down to "a thief/rogue cannot cry foul" type mentality...or else his mess will be in his face.
Your research skills are the best. Thanks.
-vg_future
iphone 5C success under estimated
http://wallstcheatsheet.com/technology/apples-iphone-5c-a-far-cry-from-failure.html/?ref=YF
-vg_future
Thanks for the article and the NEWS. I know that so many people spoke about the impact of slow/slowing iPhone 5C on IDCC. But, surprisingly, they all go mute now...no positive talk.
IMHO, This is fairly big NEWS and it adds to the NEWS from Apple regarding selling cheaper iPhone 5C
JMHO,
vg_future
Looks like Pegatron is really doing great. People had concerns about 5C...probably not a big deal..or probably we would have done even better than this if 5C was a bigger success. Either way...the sky wasn't/isn't falling as some predicted. If they get Foxconn onboard, it would totally rock.
Thanks for the detailed breakup of the revenues rmarchma. Great info.
-vg_future
We need a gutsy call like this one on YHOO. It doesn't need guts actually...just facts are good enough.
"Yahoo! Shares Are Cheap, But Don't Wait or the Sale May End"
this call comes after the stock jumped from 15 to 42 and now back at 38.
JMHO,
vg_future
Are the ITC staff comments coming out today (first day of the trial)? Usually IDCC puts out a release for the wider audience once the comments are made public in the court.
TIA,
vg_future
My best guess is...IDCC was asked to put out this statement to nullify the effect that it might have caused by putting the "arrest threat" PR. The pressure could be from Huawei or China's antitrust folks. Kind of playing nice with them...maybe because they have asked/requested.
JMHO,
vg_future
Agreed. Manipulation at the best! EOM.
-vg_future
Iphone 5C, actually, is not a flop...it is all perspective and rumors until the truth comes out. We can take the positive/negative side NEWS crew depending on which side of IDCC you are on (Sell/Buy).
http://seekingalpha.com/article/1999071-apple-iphone-5c-is-no-flop?source=yahoo
Also, as I mentioned earlier, there are other prospects for Pegatron in addition to just IPhone 5C. So, we cannot rule out Pegatron as a loss.
-vg_future
If things were/are logical:
Pegatron should be positive from last quarter for the following reasons.
- Pegatron has other mobile devices for which they pay IDCC
- iPhone 5C was not there last quarter...so, never accounted towards IDCC's revenue
- no analyst considered iphone 5C and said that IDCC should expect more this qtr...to now say that the estimates are lower
Anyway, when compared to last quarter, iphone 5C should be additive that was never accounted for and adjusted in IDCC's revenue projections...so, why worry that we might get less of the additional money.
JMHO,
vg_future
JMHO, I think they are saying that IDCC's case is different and the decision in IDCC's case cannot be mis-construed and used by others
from dndodd's message
"The Commission further stated that the InterDigital opinion should not be misconstrued to suggest that this requirement may be satisfied by merely pointing to the articles that are accused of infringement."
Checkout this post from my3sons87 this morning. DI related summary determination request went IDCC's way.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96721152
I think market...probably only a few traders (looking at the volume)..are interpreting this the wrong way either out of fear or to cause fear.
-vg_future
There is more to the purchase...actually it might be more close to 7 billion than 5 billion that I read in another article earlier.
I guess we have factor in all the losses that Motorola caused into the purchase price properly.
http://www.forbes.com/sites/markrogowsky/2014/01/29/oops-6-takeaways-from-the-google-moto-disaster/?partner=yahootix
As far as the patent value is concerned, I am no expert, but doesn't look like they are that much worth...an particularly the LTE side might be really light.
JMHO,
vg_future
From what I read on this board, their LTE is not that strong...I guess that is the key. But, my question was at what cost? Probably you haven't seen the headaches that came with the purchase of Motorola.
Anyway, you might think that it is a better purchase...but, I think the market is viewing it differently...in fact...google itself agreed that it didn't work out (not in exact words of course).
JMHO,
vg_future
Google will take a net loss of around 5 billion and gets patents in return. In hindsight, probably Google would have done lot better by acquiring IDCC while reaping all of the following benefits
- top notch scientists,
- patents,
- future revenue and past payments
- cash,
- less or no operational headache (that is what they got from Motorola), no angry partners
- and more
However, we don't know how much IDCC was asking then though. This tells me that Motorola had great sales people who successfully sold their story to google. IDCC would need few of these guys.
Here is a link showing what google was in for the Motorola deal
http://www.siliconbeat.com/2014/01/29/google-to-sell-motorola-for-big-loss/
JMHO,
vg_future
Thanks GBR. I see your point about the invalid determination of '970. If the patent is invalid, then the infringement is moot whereas if the patent is valid there is an additional burden of proving the infringement. Anyway, olddog967 has provided some explanation on the summary determination that I referred to...I think the approval that Samsung got might be just to file for partial summary determination not necessarily a finding of summary determination in their favour.
I agree with you 100% that this is a big political game where IDCC got stuck and struck while the big players have their way. ITC doesn't have the muscle or intention to set it right.
Hoping for a brighter day for IDCC longterm holders.
Thanks for all your work on this board.
-vg_future
Thanks olddog967 for the clarification on the '970 patent and the ITC 613 cases. I guess we will have to wait until something moves or the records are made public. Another interesting this is that neither the ALJ nor the commission seem to have adopted the claim construction provided by CAFC (based on the discussion that I have seen here...or my sheer misunderstanding)
Thanks again.
-vg_future
GBR & olddog967, I have a followup based on the logic that you have presented. Thanks in advance for all your time and expert comments.
Based on this logic, shouldn't they issue the ruling quicker to clean up the ITC case 868 and leave it with less number of issues...i.e., if they issue a determination related to '966 and '847 patents, they can simply issue a partial summary determination on 868 case and handle any remaining issues at hand. In fact didn't they just do that in the partial determination that went in favor of Samsung based on the '970 patent ruling from the ITC 800 case. If they were worried about the effect of '970 ruling from ITC 800 case, then they should have put it on hold like they are doing in this case (I am assuming that they have put this on hold considering the time that has passed after the Supreme court ruling).
Sorry! and please ignore if this question or theory doesn't make sense. It is coming from non-technical and non-legal perspective.
TIA,
vg_future
I am biased, but I have to say that Nokia is the best/perfect example of an "unwilling licensee".
JMHO,
vg_future
jeffree, what was the answer? TIA.
-vg_future
Is there a limit (24/48 hr silent period) on what IDCC can announce to stop the panic selling? Thinking out loud here...probably IDCC can announce a tender offer to a few million shares to stop or minimize price erosion. This will be a great gesture of confidence. This post might be lost in the noise today...but, just putting out there.
Today's ITC action might be the worst one, but don't let the typical characters (well known specimens) on this board to kick you while you are down or feeling sad.
Goodluck All!
vg_future
Sounds like some or one of the respondents are on the hook and someone got an extension (Samsung or NOK?)
-vg_future
I don't see any AH action or volume. So, I guess people are still digesting if it has come out.
-vg_future
That is where MSFT's sales team and muscle come into play. This is for windows operating system...so, maybe justifiable...but, to my knowledge, MSFT also gets paid around $15 a piece for the Android phones as well. Pure patent money. Similarly, NOK gets paid a lot for its own patents as well...so, all these big guys talking about limiting per handset IP costs are a bunch of hypocrites serving their own agenda.
JMHO,
vg_future
From Motley Fools article
The deal should make a healthy contribution to InterDigital's results.
Probably they know more than what IDCC has communicated in its PR about the license. Could be just due diligence on the author's part. Anyway, would love to see these type of deals while we wait for the big fish.
-vg_future
Pegatron could be considerable for us next quarter as well. From a PR this morning
http://www.forbes.com/sites/timworstall/2013/11/11/apples-pegatron-the-iphone-5c-assembler-shows-how-tough-it-can-be-to-supply-the-company/?partner=yahootix
snippet from the articel above....
Pegatron Corp. booked record third-quarter revenue on Monday, buoyed by orders for the iPhone 5C as it became the primary supplier the smartphone for the first time.
I am surprised none of our analysts are projecting positive NEWS for IDCC based on this. So, it doesn't matter even if 5C orders have been reduced (as published in NEWS/rumors recently), it should still be better than what we are receiving today from them. Apple arbitration will add further fuel to this growth.
JMHO,
vg_future
Thanks GBR. Probably they should have penalties for frivolous arbitration claims and have the parties sign them as a part of license agreement. Maybe a clear definition around what constitutes "frivolous" would go a long way.
-
JMHO,
vg_future
Raktino, thanks for the explanation. It is kind of confusing when it comes to the TA...I was suspecting that some MM is manipulating it to their strategy (agenda), but it could simply be some computer doing it intelligently. How unfortunate!
-vg_future
Wow! they took away what we got yesterday and more with 1/10th volume...down almost $1.25 on a volume of little over 100K. I am not sure if anyone can act to stop this manipulation.
Sorry for venting...couldn't help.
-vg_future
Surprising that nobody is looking at the positive impact of Apple expanding the iphone supplier footprint to others in China (Wistron and others who are licensed with IDCC). Probably I shouldn't be surprised because there is not accountability on the firms that put out false NEWS and then correct it without mentioning the positive story and no analysts jumping in to support the stock.
Enough venting. Goodluck to all longs!
-vg_future
When will this low volume manipulation stop? Look at how the stock is dragged down into RED under low volume. Hope it changes one day.
Conspiracy theory. Are these big companies playing a game of patent setup? They start suing each other to cause enough noise to make the whole patent system useless?
Rockstar suing google and others sounds like a joke.
IMHO,
vg_future