The Bedford Report Provides Equity Research on Motricity and Sky-mobi
NEW YORK, NY, Aug 22, 2011 (MARKETWIRE via COMTEX)
— Technology firms focused on diversified communication services are seeing secular growth provide new markets and business. Many companies within the sector are fighting hard for position in these new markets through acquisitions and marketing tactics. The Bedford Report examines the outlook for companies in the Diversified Communication Services Industry and provides equity research on Motricity, Inc and Sky-mobi Limited.
Google’s acquisition of Motorola Mobility led to a surge in takeover speculation throughout the diversified communication services industry. As companies get larger and experience diminishing returns in their core business, they are showing a willingness to utilize their large resource pools to acquire smaller firms in a race to diversify and to build their reach.
Reports from Bloomberg argue the Google-Motorola deal highlights the allure of a company’s patent portfolio. Google will gain ownership of Motorola’s 17,000 patents and 7,500 pending patents.
The Bedford Report releases regular market updates on the Diversified Communication Services Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns.
According to its website, Motricity possess four patents. The company’s most recent patent “Method and system for delivering contextual content to a mobile device” targets mobile content to a mobile device based on the context of where and how a user discovers the content. Motricity said its loss for the April-June quarter was $4.3 million, or 9 cents a share, compared with a loss of $11.6 million, or $1.95 a share, a year ago.
Sky-mobi Limited is a mobile application store in China in which the company operates mobile social games and provides applications and content with social network functions to its registered members. Sky-mobi said it expects RMB 164-167 million ($25.6-$26.1 million) in revenue for the first quarter.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks.