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.
Thanks Ghors for the explanation. Were we #1 before NOK filed its petition to postpone? Just wondering if the judge yielded partially, but without letting it go completely to keep the pressure on the parties.
TIA,
vg_future
Is it possible that ITC found infringement, but twisted the DI to find no violation? I am hoping for sincere answers only.
My reading of the few lines that were posted says that they didn't touch the infringement part and they are going to modify/clarify another issue (most probably DI....hopefully not another victory for infringers). But, hoping otherwise as stated above.
I am also hoping that IDCC announces a tender offer for few million shares for around 50 bucks to show their support/faith....in place of their existing buyback program. They will be spending additional 40 million or so that could otherwise used to buy more shares in regular buyback, but it will be a good confidence booster.
TIA,
Vg_future
Fog1937, I understand...that is the reason I said that I don't want to do back seat driving or guessing. I also understand that Arima money is the issue, but the concern was the expenses that could have been flagged. Again, I am not privy to all the info...so, maybe they did what they can do and afforded what they can to the street. Sometimes it helps to be like few of the companies out there that low ball the estimates (particularly in instances like these where low balled numbers are also good NEWS) and beat the hell out of the estimates.
I don't write these kind of messages because I don't want the usual suspects/culprits on the board to jump on it and bash/thrash IDCC with their own agenda.
-vg_future
Unless the expenses were unexpected/unforeseen, failing to guide properly (atleast the expense part...arb money is out of their control anyway) is totally inexcusable. People making big bucks in the company should/would know how to manage street expectations. I don't want to do back seat driving (playing management role in my little head), but this management (or the finance guys in the mgmt team) can spoil even a wet dream...which, BTW, I thought is never possible. How can we sign a major company, earn lot of money and still get screwed when the earnings are reported.
Goodluck to all the true longs.
-vg_future
One of the Apple NEWS releases mentioned that iPhone 5C did really well in the last block buster quarter that they just announced results for. So, that should be a big plus for IDCC through Pegatron. But, someone in the market is still managing to manipulate IDCC everyday. I thought it would be up this morning. I think we have to wait for the results.
-vg_future
william_wallace, thanks for pointing it out. Just about to post the same.
IMHO. it is significant considering the fact that it is still being licensed as a part of the rest of IDCC patents. I am not sure if it is already separated or not, but when it does it might not have the discounts that are being offered as a part of the whole bucket of IDCC patents. So, more money.
-vg_future
Earnings on Aug 7th.
http://finance.yahoo.com/news/interdigital-announces-date-second-quarter-211500383.html
-vg_future
All, it is sad to see people holding IDCC to a different licensing standards when compared to QCOM.....global convenience vs US use only. It almost feels like a collusion to kill another budding QCOM. JMHO.
-vg_future
olddog967, thanks for the details. Sounds positive to me. Thanks.
-vg_future
in IDCC's favor or against. TIA.
-vg_future
Got it, thanks. I saw it in one of the rumors that iWatch has LTE capabilities to make it work away from the phone as well and hence asked. Anyway, we will find our in couple of months.
Thanks,
vg_future
Data_Rox, could you comment on the LTE capability of these smartwatches? Wouldn't that be royalty bearing?
TIA,
vg_future
Data_Rox, I understand what you are saying about iWatch, but from what I read it might have LTE capabilities.
-vg_future
Taiwan's Quanta to start mass production of Apple's IWatch....
While we wait on the ITC side show, there could be other important things happening in IDCC's world. Quanta is IDCC's licensee and I think we can expect money from here.
http://finance.yahoo.com/news/taiwans-quanta-start-mass-production-190157342.html
Goodluck All!
-vg_future
Okay, thanks. EOM.
olddgo967, clarification please...TIA.
Infringement and DI for all patents in question or Infringement reason/basis for one set and DI reason for another set of patents?
I appreciate your clarification.
-vg_future.
I think we crossed 50 during the CAFC hearing pertaining to NOK ITC case. We fell from there and then went over 50 and onwards to 80 when the "plan to sell IDCC" was announced. Ofcourse we crossed 50 first time during the 1999 peak.
So, we crossed 50 three times if I remember right.
-vg_future
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