Month: February 2018
I was looking through gaming stocks and noticed that shares of Electronic Arts (ERTS) are trading at a much higher valuation than Activision Blizzard (ATVI). That made me wonder, Does Electronic Arts deserve to trade at a premium to Activision?
Electronic Arts is trading just under $20 per share. EPS estimates for 2010 are 43 cents per share and 62 cents for 2011. That equates to a 46 multiple on current years earnings and a 32 multiple for 2011. The 5 year growth rate is 12.8%, which is pretty optimistic considering the negative earnings growth of the past five years. Its tough to have faith in Electronics Arts management considering the poor operating efficiency. Management has graced us with a negative ROE and ROA over the past few quarters.
One of the bright spots for Electronic Arts is the companys storied brand name and solid balance sheet. Electronic Arts has cash cow franchises Madden NFL, The Sims, Battlefield, Rock Band, etc. The software developer has $1.78 billion in cash and no debt. The stock looks expensive using any valuation method including price to book and price to sales. Shares of Electronic Arts appear to be benefitting from improving trends in the video game industry. Video game sales rose 10% last month.
Activision Blizzard is trading just under $12.00 and has a expected EPS of 73 cents for 2010 and 82 cents for 2011. 2010s PE ratio is 16 and 2011s is 14.5. Earnings growth is estimated at 14.6%. Activision raised 1st quarter guidance last week due to strong sales from Call of Duty: Modern Warfare 2. While ROA and ROE are not very impressive, at least both numbers are positive for Activision. The management team has done a qualitative job at Activision with its acquisitions and ability to consistently grow the bottom line.
Compare this with Electronic Arts who has been trying to fix its internal problems for years. Activision has no debt and $3.25 billion in cash on its balance sheet. Shares are currently trading less than 1.5 times book value. Activision has a popular lineup of games including World of Warcraft, Call of Duty, Guitar Hero, and Starcraft.
Electronic Cigarette or E cigarette is an alternative for people who Cant quit Smoke and looking for an healthy alternative of traditional cigarettes. E cigarette is basically a battery powered device which Vaporize nicotine present in them without producing any toxic smoke. A smoker using Electronic cigarette basically Inhale the nicotine vapors without any toxic smoke. In This article I am going to discuss some Pros and cons of an electronic cigarette.
Pros of Electronic Cigarette :-
It doesnt produce any smoke So You can use it at any place. Also your family and people are you are saved from toxic smoke which is also known as passive smoking.
It is cheaper as compared to Traditional cigarettes especially after the initial purchase. You can save up to 40% in electronic cigarette after using it for 1 year
It is good for your health because it does not contain any tobacco.
You are inhaling Nicotine minus all toxic poisonous gases.
Since it is Battery Operated you dont need to carry any matches or lighters with you
A cartridge of electronic cigarettes is equal to 40 cigarette butts so you dont need to carry that much weight while you are traveling.
No Foul Smell Come from your mouth when you are using Electronic Cigarette.
It comes in lot of flavors like lemon , Hilton, Banana ,Rose giving a lot of options to select from .
Cons of an Electronic Cigarette: –
The initial investment which a person has to make for an electronic cigarette kit is pretty high.
Electronic Cigarette is still not approved by FDA( US Food and Drug Administration)
Electronic Cigarette is banned in lot of countries. Few of them are Thailand, Singapore, Finland and Jordan
When you compare the pros and cons, the pros of an electronic cigarette are much more than cons of an electronic cigarette .The Current market of Electronic cigarette is around $50 million and increasing at very high rate.
Electronic Cigarette Planet is the leading Online Retailer of E cigarette worldwide. Please Visit our Electronic Cigarette Planet Website for more details on e cigarettes.
The global consumer electronics market has witnessed rapid strides over the years. The market boasts of rapid expansion and is home to a wide array of products ranging from TVs, telecom equipments, home appliances, audio and video products and others. With the advent of globalization, the sales of consumer electronics products have risen, fostered by the diffusion of global boundaries. According to RNCOS latest report, Global Consumer Electronics Market Outlook 2015, the global consumer electronics market is expected to grow at a CAGR of more than 10% during 2012-2015.
The propelling global consumer electronics market is backed by factors like rapid technological development, a shift from analog to digital revolution, changing consumer preferences initiating innovation and rampant product developments on the part of the manufacturers pestering them to incorporate extensive marketing & distribution strategies, which have helped products like smartphones, tablets and selected High Definition (HD) products amongst some to outpace others on a global platform. These factors have also enabled countries like China to garner a majority share in the global consumer electronics market with fuelling market sales of the products like tablets and smartphones.
The report, Global Consumer Electronics Market Outlook 2015, authored to evaluate the global consumer electronics market thoroughly, provides a detailed analysis of the industry. It provides an insight into the consumer electronics market of major countries with a brief snapshot of their major players. It also provides a comprehensive analysis of various products on a global level. These products are further divided into sub segments to strengthen the analysis. Further, the report sheds light on the key trends and challenges affecting the market. Emphasis has also been laid on the assessment of key players along with their recent developments, to get a clearer picture of the market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM471.htm
Some of our Related Reports are:
– Global Semiconductor Market Forecast to 2015 (http://www.rncos.com/Report/IM391.htm)
– Global Consumer Electronics Market Forecast to 2013 (http://www.rncos.com/Report/IM260.htm)
– Booming Consumer Electronics Market in India (http://www.rncos.com/Report/IM157.htm)
Check Related REPORTS on: http://www.rncos.com/Computer%20&%20electronics.htm
About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
Gadget4Us.com is one of the fast-rising web stores online. It offers full range of electronic products, gadgets, cameras, game consoles, car accessories, computer accessories and many morejust name it, and youll have it! In fact, it has the biggest collection of the latest technological innovations and the latest model of all famous brands worldwide.
The overall design of the website is better. It is easy to navigate and products are well categorized. The color scheme is cooler to the eyes, although, it still needs more improvement but for sure, the administrators are always looking for ways to improve it. The site is appealing by nature.
The main purpose of the site is to sell electronic gadgets and the like, online. It serves its purpose well, even better than others because in the perspective of a buyer, price does matters. With Gadget4Us.com, they offer the lowest prices of every product. They can definitely do that because they are getting their products from the manufacturers. All the products have their corresponding screenshots which is very important for buyers. This website is well-recommended. Its good, really good!
Every aspect of the website works according to their expected functions including all the hyperlinks. Gadget4Us.com also offers a quick and easy transaction which also important to keep the buyers from coming back.
Now, this website is a web store therefore, it is not required to have more written contents. What is expected out of this site is pictures as well as descriptions and prices of each productthe site have served such necessity. All the products have pictures and descriptions with prices. While new products are presented on the same page as others, they are separated and placed at the last part of the page. And since they have a wide range of electronic gadgets, expect that they have plenty to offer than others.
With a clearer perspective, the website is a straightforward web store in which, at first glance, users will immediately know that the site is selling electronic and technology gadgets. On the other hand, the information is up-to-date so you can be sure that the products they offer are already out in the market. Also, the information is served according to product descriptions, so if a person looks for mp4 players, all the information about them will be served.
You can shop with ease from Gadget4Us.com therefore if you are looking for something you like, try to visit the site at Gadget4Us to see if you can have it for cheaper price. Im sure you could.
Refurbished Electronics offer great savings. However, they come with a shorter warranty. New electronics can be very expensive; but they come with a longer warranty. It really comes down to your personal preference.
Refurbished electronics advantages are too numerous to list in this single article. The price difference between new electronics and refurbished ones is probably the most important of all the advantages of refurbished electronics. However refurbished products do have their disadvantages also. -There is no benefit without cost and there is no cost without benefit.- We do not know who made this statement; but we know it has to do with economics.
This economics principle stands true when it comes to refurbished electronics advantages and disadvantages. Should you buy brand new electronics or refurbished electronics? Obviously, that is a question only you can answer.
In spite of the great price benefit that comes with buying refurbished electronics, some people still prefer to buy brand new even if that means more debt. Others would prefer to save the money and buy only refurbished electronics. It is all a matter of personal preference and opportunity costs. The best we can do is to point out some of refurbished electronics advantages and disadvantages. Refurbished Electronics: Advantages and Disadvantages
1. Refurbished electronics can be up to 80% cheaper than new ones. For example, a refurbished Samsung HP-R4252, 42- Plasma HDTV with turner and all the bells and whistles costs about $750.00. A new one costs about $3,200.00. That is a 76% off from the original price.Clearly these are some great refurbished electronics advantages.
2. If you were to add $249.99 for a 3 year extended warranty onto the already discounted price ; you would pay roughly one-third (1/3) of the original price. That is, [($750.00 + 249.99)/ $3,200.00]X100= 31%, roughly 1/3 of the price.
3. Refurbished electronics sport the exact same technology as new ones.
4. Other refurbished electronics advantages come in the form of reliability. These products are rigorously tested for optimum performance. They must meet the same factory specifications as new ones.
In our opinion, there is one disadvantage with refurbished electronics – the manufacturer warranty. You only have a 90-day warranty on refurbished electronics instead of the standard 1-year warranty.
While some people may fuss about that, we believe it is a fair deal. Since the refurbished item has been thoroughly tested and met factory specifications, nine months worth of warranty is served through the refurbishing process.
However, if you insist on having a longer warranty you can buy an extended warranty for 3 to 5 years ranging in price form $30.00 to $150.00 and up respectively. Note that even with the added extended warranty you still save a boatload of money.
So, buying refurbished electronics give you the opportunity to own a high end, late model electronic gadget without swiping away your life savings. Way to go! Buy refurbished electronics!
New Electronics: Advantages and Disadvantages
There is only one advantage in buying brand new electronics – The warranty. Unlike refurbished electronics, new items are sold with a 1-year warranty. You can buy a refurbished electronic, then buy an extended warranty for the peace of mind. You will still have a better deal.
The one year warranty that comes with the new item makes perfect sense. Manufacturers do not test every new product. They simply test a sample from a batch.
If the percentage of successful tests satisfied a pre-set standard; they assume that all products from the batch will work. The truth is there is no guarantee they will. That is why they give a full year warranty on them.
New items are only randomly tested. So they are susceptible to breaking down. For this reason, a longer warranty is offered on it. It is clear that refurbished electronics advantages outweigh new electronics advantages.
Our advice is simple; you don’t need to work your life away for a one year warranty. You can enjoy a greater peace of mind if you buy an extended warranty on refurbished electronics. Just remember:
Refurbished electronics are tech