6 posts and columns on Spencer Wang

Kindle Feels iPad’s Heat, Sees E-Reader Lead Going Up in Smoke

in News on November 30, 2010 at 4:15 pm PT

When Apple CEO Steve Jobs first announced the company’s new iBookstore and iBooks application for the iPad back in January, he said that while Amazon had done a great job with its Kindle e-book reader, Apple planned to “stand on their shoulders and go a little further.” And while that remark might have seemed like simple Jobsian bravado at the time, these days it’s looking downright prophetic. According to a new survey from ChangeWave, the iPad has doubled its share of the e-reader market since August and is now just 15 percentage points shy of the Kindle.

Just the Toilet Paper, Mayonnaise and Kindle for You Today, Sir?

in News on April 22, 2010 at 7:06 am PT

Amazon’s Kindle will soon make its brick-and-mortar debut. On Wednesday afternoon, Target said it will begin selling the e-reader this weekend, confirming rumors that have been circulating for a couple weeks.

Amazon’s Share of the E-Book Market: From 90 Percent to 35 Percent in Five Years

in News on February 17, 2010 at 3:48 am PT

Amazon’s dominance of the fledgling e-book market will be relatively short-lived. For while sales of digital books are growing, so too are the devices on which to read them. With Apple’s iPad heading to market this spring, Amazon is going to have a tough time holding on to the 90 percent share of the e-book market it currently claims.

YouTube’s Sea of Red Ink Downgraded to Great Lake Status

in Media on September 10, 2009 at 3:00 am PT

Remember when the analysts at Credit Suisse decided that YouTube was losing close to half a billion dollars a year? That was then–five months ago, to be precise–and this is now: Those same analysts estimate that Google’s video site is losing a mere…$410 million a year.
eightball

GOOG: Credit Suisse Ups Ests; But Sees Dings From Bing

in News on June 18, 2009 at 10:27 am PT

Credit Suisse analyst Spencer Wang this morning repeated his Outperform rating on Google, while increasing his price target on the stock to $475, from $400. He also lifted EPS estimates on the company: for Q2, he now sees $4.99, up from $4.48. For the full year, he goes to $21.07, from $19.78.

Comcast Shares Jump Ahead of Earnings Tomorrow A.M.

in News on October 28, 2008 at 3:32 pm PT

Comcast’s earnings get announced before tomorrow’s opening bell, but the company has a couple of things going for it that might be helping analysts predict what those numbers will look like. First, 70 percent of consumers prefer bundling, and currently only cable can offer it. Second, even as we head into a recession, broadband and video are considered “no more discretionary for most families than running water.”