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Chris Lau, Kapitall: As the holiday season approaches, investors may want to watch these stocks in the event of a Moto G release.
Many analysts have noted that a budget Moto G could put
Google’s (GOOG) Motorola unit on track to significantly boost unit sales. If numerous
reports prove true, then a Moto G could soon be had for £134.95 off contract (USD $215).
The Moto G will reportedly have these specifications:
With the premium phone market already saturated and being subsidized by carriers, the off contract market could be beneficial to suppliers.
Looking at CorningCorning recently unlocked shareholder value after Samsung said it would pay Corning an additional $1.4 billion for the LCD glass venture. Corning is already getting access to $1.2 billion in cash held by the venture it had with Samsung. Read more on Tech from Kapitall: Ghosts & Goblins: Should Other Game Publishers Fear Activision?
Corning expects to earn $0.33 per share on revenue of $2.1 billion in the third quarter. The company’s board also authorized a $2 billion share buyback through 2015.
Shares dipped from the $18.07 high in late October, after
Apple (AAPL)said it would use
GT Advanced Technologies’ (GTAT) sapphire. The material competes with Corning’s Gorilla glass.
In the chip space, Qualcomm forecast soft guidance. For fiscal year 2014, Qualcomm is expecting margins to be lighter in the premium smartphone segment. A high concentration of Samsung and Apple phones may be hurting profits. This is why growth in the lower tier phone segment would be good. A successful launch of Moto G could benefit Qualcomm.