January 23, 2017: Silicon Motion reports Q4 EPS of $0.95 versus the $0.89 estimate. Revenue also beat coming in at $144.2 million versus the $142 million estimate.
The President and CEO Wallace Kou said, “Strength from our SSD controllers was however offset by seasonally weak eMMC controller sales and SSD Solutions project transitions. For (Read More….)
A weekly Saturday night financial show that attempts to predict market direction for the week ahead by looking at a variety of technical and fundamental indicators. This week’s show includes commentary on the Fed’s first and only rate hike in 2016, Eli Lilly’s long-acting Basal Insulin that’s now available in the US, takeover rumors circulating (Read More….)
June 17, 2016: Reportedly Apple iPhones were found to have violated Chinese rival’s parent LOL. That’s rich folks. The king of patent rip-offs China, who allowed fake iPhones to be sold for years, is now accusing Apple of violating China patents. So much for big-cheese Tim Cook’s visit to China recently.
iPhone 6 (Read More….)