ARM Holdings Share Discussion Threads

[philanderer] 08/1/2016 17:39

Arm and Imagination slide on continuing Apple cutback concerns


Recent reports that Apple planned to cut iPhone production has put the company’s suppliers under pressure this week, and that trend is continuing.

The Nikkei in Japan said earlier in the week that Apple could cut production of the iPhone 6s and 6s Plus by about 30% in the March quarter compared to its original plans.

Last night two US suppliers to Apple issued warnings, with Radio Frequency chip supplier cutting fourth quarter revenues by 14% and audio chip company Cirrus unveiling a 10% decline.

This news has helped push UK chipmaker Arm down 14p to 954p while rival Imagination Technologies has fallen more than 5% to 118.5p and electronics group Laird is 0.1p lower at 325.5p. Liberum analyst Eoin Lambe said:

Cirrus stated that the weakness only came through late in the fourth quarter and will predominately impact the first quarter. [There is a] negative read to Laird (18% of revenue from Apple), Imagination (34% of revenue ) and Arm (around 7% of revenue). Imagination’s balance sheet may start to get tight.

[philanderer] 08/1/2016 17:05

Five in a row for -9.5% on the week , 1300p will take many months ;-)

[steptoes yard] 08/1/2016 12:14

Topped up on the arm economic moat at 951

[philanderer] 08/1/2016 09:43

08 Jan 16 Credit Suisse Outperform tp 1175p
08 Jan 15 Barclays Overweight tp 1250p

reiterations

[philanderer] 07/1/2016 20:22

....Dow really going for it -400 pts and counting

Five in a row for the uk tomorrow.

[philanderer] 07/1/2016 13:36

£40bn wiped off FTSE100 in 4 days this year ...... took all of 2015 to knock that off last year ;-)

[tonio] 07/1/2016 13:24

Hi, 'hope' not involved, its Automated Trading - the automated bit requires programming and they seem to rely on chartist patterns like h&s - as it seems to me, they sell to drive the share price down to the turning point given by h&s 'theory' then start buying. Overall market conditions have to be really bad to change the outcome and of course that may still happen.

[philanderer] 06/1/2016 23:28

"Amazon to Sell Its Own Brand of Chips Next to Wipes, USB Cables"


Amazon.com Inc. is expanding the products it makes and sells under its own brand with a foray into chips for computers and gadgets, adding to a portfolio of products that includes baby wipes, USB cables and batteries.

Annapurna Labs, a subsidiary of the Web retailer, announced Wednesday that it has developed a line of chips called Alpine to sell to manufacturers and data-center operators. The semiconductors are based on designs from ARM Holdings Plc and can be used to create products that handle Wi-Fi, stream video, run data centers, or be embedded in small, low-cost Internet of Things devices, the company said.

[philanderer] 06/1/2016 13:06

Shares in European microchip makers slump on Apple production cut rumours

Shares in European microchip makers faltered this morning amid reports that Apple is planning to slash production of its iPhone models.

The tech giant is expected to cut production of the iPhone 6s and 6s Plus by around 30pc this quarter, according to a Nikkei report.

The news triggered a 2.5pc dip in the Apple share price yesterday as it suggested inventories of the iPhone models launched in September had piled up in recent months.

This morning, UK-listed chip designers are also feeling the pain. Cambridge-based ARM Holdings - which makes products for Apple and Samsung - is poised for its worst day in three months - down 34p, or 3.4pc, to 969.6p.

David Madden, of IG, said: “Chip makers are heavily dependent on the smartphone sector and should production be cut at major producers like Apple the knock on effect will dent their business.

“The long-term outlook is also concerning because if a titan of technology like Apple is considering reducing output then android phone manufacturers are likely to do the same, which would compound the chip makers problems.”

Just last month, shares in Dialog Semiconductor slumped to their lowest level in a year after the company slashed its revenue targets. It blamed weaker-than-expected demand for chips in smartphones from customers, such as Apple and Samsung, for the move.

There has been growing concern in recent months that the smartphone sector is slowing down. In China, the world’s biggest market for smartphones, sales fell 4pc last year as economic growth cooled.

[philanderer] 06/1/2016 12:09

Sit on your hands Salpara .. 2016 is looking ugly

[salpara111] 06/1/2016 09:30

Nearly bought a stake after the last set of solid results.....rather glad that I held off!

[philanderer] 06/1/2016 09:05

At least that , more likely 850p if North Korea let another one off !

Hell of a start to the year for the markets.

Worse in 16 years for FTSE100

[tonio] 06/1/2016 08:30

Oops!
Clear head 'n' shoulders - peak at ~1130, shoulders ~1040, implying 950 as the possible turning point.

[philanderer] 05/1/2016 20:33

Apple is expected to cut production of its latest iPhone models by about 30% in the January-March quarter, compared with its original plans, according to Japanese news service Nikkei.

Inventories of the iPhone 6s and 6s Plus have piled up since its launch last September, production will be scaled back to let dealers go through their current stock, Nikkei added.

[philanderer] 05/1/2016 10:42

ARM Holdings plc (LON:ARM)‘s stock had its “neutral”; rating reaffirmed by equities researchers at Natixis in a report issued on Tuesday, MarketBeat reports. They presently have a 1000p target price on the stock.

[philanderer] 04/1/2016 18:08

Oh well , support around 975p ?

[rwauu] 04/1/2016 15:27

Looks like 2016 will be great for ARM! Everyone is going mobile. Forget laptops- tablet laptop hybrids coming!

[tudes100] 04/1/2016 11:25

from HL "Investment Times"
Smartphones pack vast computing power into tiny packages, but their big limitation is battery capacity. Computers were powered by the mains, so frugality of power usage was not a priority. ARM Holdings saw an opportunity and seized it.

ARM was spun out of Acorn Computers and is now valued at over £10bn. They design the processor circuitry for silicon chips and license the designs to manufacturers, who pay a royalty for each chip they make. Low power usage has won ARM an 85% market share for mobile microprocessors, and its designs are increasingly used elsewhere too.

Growth has impressed. Revenues are up thirty-fold since 1997 and twelve billion royalty-earning ARM-based chips were shipped in 2014. Volumes have compounded at 20% in recent years, and strong license sales promise further growth in royalties ahead.

Because it sells designs, ARM has no need for factories, meaning high margins and strong cash flow. The company has built up cash of almost £900m.

Track records like this are rare, and the market recognises this. But ARM is not as expensive as it was; it stands on a PE well below the 40x typical for ARM in recent years. Plenty of shares trade on lower ratings, but ARM has a unique market position in some of the world’s key technology growth hotspots.

[philanderer] 01/1/2016 09:36

Tipped by Hargreaves Lansdown according to Mail online