«We expect switcihing activity to escalate and the challengers to resume more
aggressive share gains following the iPhone X launch,» Jonathan Chaplin at New Street Research wrote on Thursday.
Not exact matches
The introduction of unlimited plans from Verizon Communications and AT&T, as well as continued
aggressive competition from Sprint, combined with a pullback of promotional activity by T - Mobile as it focuses on growing free cash flow, has resulted in declining market
share gains.
Finally, GM's quick repayment of the loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a market for those stocks into which the government would presumably sell its
shares. There is even some nefarious language in the rescue packages requiring the government to sell off its
shares within specified, relatively
aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity
gains market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost of its written - off contributions and creating a budgetary
gain).
, but with
aggressive competitors like Apple, Samsung and Microsoft, that
share won't be easily
gained.
Competitors such as Walmart, Target, and Dollar General have been strategic and
aggressive in
gaining market
share.
As for VOF itself, it trades on a 0.81 Price / Book multiple, despite an
aggressive & ongoing
share buyback programme — I see plenty of
gains ahead in terms of NAV growth & discount compression, as Vietnam continues to leverage & benefit from its labour / cost export advantage, and (just as importantly) its burgeoning domestic consumer economy.
The long - term goal for Apple has to combine both unit shipment growth (likely requiring meaningful market segment
share gains) and average selling price growth (through a broader portfolio of products and
aggressive product and feature segmentation) to keep the iPhone business as a growth engine for the company.