Jahanara Nissar

After an initial surge in the China domestic market in September/October, the availability of the Huawei’s highly publicized Mate60 premium smartphone seems to have largely melted away. Why? We believe Huawei may not have been able to sustain supply of its Kirin9000 modem chip. And why is that? We believe it is due to inadequate […]

A quarter ago when we raised our FY25 eps estimate to ~$12 (link) and with consensus estimates at ~$7, we felt it appropriate to value the stock at $150 by applying a 12x multiple, in the upper half of historical range. With the stock having hit out PT, and with Street eps estimates now likely […]