PowerShares QQQ ETF

We prefer EV-to-EBITDA and PCF over the other multiples when comparing valuation of media conglomerates with different structures.

In this part, we’ll discuss the company’s upcoming opportunities and potential threats.

AMD and Intel seem to have a duopoly in the PC processor and server market, with Intel accounting for more than 80% share in the PC processor space and a 99% share in the server space.

Any defects found in Nvidia’s products would incur significant costs. Greater risks would arise if a defect were found after commercial shipment had begun.

In the third week of December, Amazon added 3 million new Amazon Prime members. Amazon Prime members receive video streaming services and free package delivery.

Kraft Heinz had a coverage ratio of 0.87x at the end of 3Q15, whereas McCormick & Company and Mondelēz had coverage ratios of 10.2x and 56.1x, respectively.

Kraft Heinz plans to reinvest savings from cost initiatives into its brands and to refocus its strategic vision on innovation.

The US accounted for 67% of Kraft Heinz’s fiscal 2014 pro forma sales, with Canada and Europe each contributing 10% of total sales.

Kraft Heinz faces competition from a huge number of players in the food market, but product differentiation is low between its competitors.

Comcast (CMCSA) has two primary business segments, Cable Communications and NBCUniversal.

The advertising revenues for Comcast’s (CMCSA) NBCUniversal Cable Networks and Broadcasting Television business are susceptible to advertising cyclicality and program ratings.

The advertising revenues for Comcast’s NBCUniversal Cable Networks and Broadcasting Television segment are susceptible to advertising cyclicality and program ratings.

QCT is Qualcomm’s (QCOM) core business, generating close to 67% of revenues in fiscal 2015. But the capital-intensive nature of the business makes it less profitable.

The smartphone growth cycle will reach its maturity stage at the end of this year. For the first time, it’s showing single-digit worldwide growth, according to IDC.

Call of Duty: Black Ops II, a three-year-old game, witnessed engagement growth on a quarter-over-quarter basis to nearly 12 million monthly active users in 3Q15.

Western Digital (WDC) and Micron (MU) held 10.2% and 5.1% of the market share, respectively, in the enterprise SSD space.

The QQQ ETF has an expense ratio of 0.20%, and its average daily volume of shares traded is $4.7 billion. The price to-earnings ratio of QQQ is 18.53x.

Micron’s strategy for coping with competition is to reduce its manufacturing costs. It currently has higher manufacturing costs than Samsung and SK Hynix.

Micron expanded its product portfolio from 64-kilobit DRAM chips in 1980 to NAND Flash Memory devices in 2004, to SSDs in 2007, to NOR Flash Memory in 2011.

Apple (AAPL) is starting an annual iPhone Upgrade Program for its new iPhone models at Apple’s US retail stores starting September 25, 2015.

Google’s (GOOG) market share in the mobile ad space is expected to fall to 31.70% in 2017. In contrast, Facebook’s market share is expected to grow.

On August 20, 2015, Oracle (ORCL) announced the acquisition of Maxymiser. The financial details of the deal weren’t disclosed.

We live in the “Information Age,” where a huge amount of data is generated every second and storage systems are needed to store this data.

Cloud is moving into a second wave of adoption. Organizations are leveraging cloud to fuel innovation, growth, and disruption.

Cisco credits Meraki for the acceleration in revenue growth for Cisco’s commercial segment. Cisco’s year-over-year revenue growth for this segment rose to 11% in 4Q15.

In 2Q15, Tesla’s gross profit margin was 22.3%—much higher than other that of established automakers. Tesla expects to post net profits on GAAP in 2020.

Yields on TIPS remain close to 0%, making them unattractive for some. However, considering that inflation rates could go up and remain there, these securities look attractive.

The NASDAQ’s 5000 level is not like the tech bubble. Earnings have grown multifold, making current valuations sane.

Tesla Motors is involved in the design, development, manufacturing, and sales of electric vehicles and advanced powertrain components for electric vehicles.

During the fourth quarter of 2014, Eminence Capital lowered its stake in eBay (EBAY). The company accounted for 2.55% of the fund’s 4Q14 portfolio.

In November 2013, Cisco responded to the SDN trend by introducing its application-centric infrastructure (or ACI).

Bioware, an operating division of Electronic Arts (EA), made Disney’s (DIS) Star Wars: The Old Republic, the fastest-growing subscription MMORPG in history.

Electronic Arts’ (EA) EA Studios encompasses studios and development teams that create games and related content, franchises, and services.

The main reason for Amazon’s gross margin increase was the increasing proportion of third-party sellers who sell their products on Amazon.

Average revenue per user (or ARPU) is another important metric for Internet companies. It provides an idea of how well a company can monetize its user base.

Applied Materials’s management is hopeful that the Wafer Fab Equipment spending is expected to increase to 20% in fiscal 2014, with much higher spending in 2015.

Integrated device manufacturers and foundries use Applies Materials’s semiconductor manufacturing systems to build and package memory, logic, and chips.

Oracle’s expanded cloud platform includes new functionality for big data analytics, integration, process management, Java Platform Standard Edition, and Node.js for server-side JavaScript.

Short-term wholesale funding refers to a bank’s use of short-term deposits from other financial intermediaries—like pension funds and money market mutual funds. It uses the short-term deposits to invest in longer-term assets—like loans to businesses. Using these short-term funds to invest in longer-term assets causes a timing mismatch between assets and liabilities.

The NASDAQ’s upstart image and all-electronic trading platform have attracted more technology-based companies. Many of these companies didn’t qualify to list on the NYSE when they originally went public.