editor's blog
Subscribe Now

Teenage scribblers

Many years ago the British Chancellor of the Exchequer (Finance Minister) referred to financial analysts as “teenage scribblers”. And they don’t seem to have grown up. Yesterday Samsung announced that it expected profits for the second quarter of the year to be yet another record at between $8.2 and $8.5bn. That’s right – eight point five billion dollars. $1.20 for every man, woman, and child on the face of the planet in just one quarter. The company’s shares promptly fell by 2.8%. That’s right as well – record profits and the company’s shares fell. Why? Because analysts had previously decided that the company was going to report higher profits. How much higher? About 3%.

The Financial Times commented that there were “fears that the world’s biggest smartphone maker could struggle to meet optimistic market expectations.” Not that they weren’t going to continue to make shed loads of profit. Not that they weren’t going to continue to innovate. Not that, despite the hyper-profits of Galaxy phones and tablets there are vast underlying markets across the board. The company is being punished for not meeting the teenage scribblers’ finger in the air estimates of what they were going to do.

It is a mad world my masters!

Leave a Reply

featured blogs
Apr 9, 2021
You probably already know what ISO 26262 is. If you don't, then you can find out in several previous posts: "The Safest Train Is One that Never Leaves the Station" History of ISO 26262... [[ Click on the title to access the full blog on the Cadence Community s...
Apr 8, 2021
We all know the widespread havoc that Covid-19 wreaked in 2020. While the electronics industry in general, and connectors in particular, took an initial hit, the industry rebounded in the second half of 2020 and is rolling into 2021. Travel came to an almost stand-still in 20...
Apr 7, 2021
We explore how EDA tools enable hyper-convergent IC designs, supporting the PPA and yield targets required by advanced 3DICs and SoCs used in AI and HPC. The post Why Hyper-Convergent Chip Designs Call for a New Approach to Circuit Simulation appeared first on From Silicon T...
Apr 5, 2021
Back in November 2019, just a few short months before we all began an enforced… The post Collaboration and innovation thrive on diversity appeared first on Design with Calibre....

featured video

Meeting Cloud Data Bandwidth Requirements with HPC IP

Sponsored by Synopsys

As people continue to work remotely, demands on cloud data centers have never been higher. Chip designers for high-performance computing (HPC) SoCs are looking to new and innovative IP to meet their bandwidth, capacity, and security needs.

Click here for more information

featured paper

Understanding the Foundations of Quiescent Current in Linear Power Systems

Sponsored by Texas Instruments

Minimizing power consumption is an important design consideration, especially in battery-powered systems that utilize linear regulators or low-dropout regulators (LDOs). Read this new whitepaper to learn the fundamentals of IQ in linear-power systems, how to predict behavior in dropout conditions, and maintain minimal disturbance during the load transient response.

Click here to download the whitepaper

featured chalk talk

TDK Magnetic Sheets For EMI and NFC Applications

Sponsored by Mouser Electronics and TDK

Today’s dense, complex designs can be extremely challenging from an EMI perspective. Re-designs of PCBs to eliminate problems can be expensive and time consuming, and a manufacturing solution can be preferable. In this episode of Chalk Talk, Amelia Dalton chats with Chris Burket of TDX about Flexield noise suppression sheets, which may be just what your design needs to get EMI under control.

Click here for more information about TDK Flexield Noise Suppression Sheets