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Hedge funds short smartphone stocks
23 February 2012
The behaviour of hedge funds indicates that they think smartphone profitability is on the decline, according to Data Explorers
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Data Explorers
short selling
smartphones
hedge funds
While short selling in Apple and Samsung remains absent,other smartphone manufacturers are being targeted ahead of The Mobile World Congress (MWC) next week.
The event will be a platform for new smartphone and tablet launches and the behaviour of hedge funds would indicate that they think smartphone profitability is on the decline.
“As the smartphone saturates the mobile phone market, cut-throat price competition amongst manufacturers limits their profitability and instead creates opportunity for the phone vendors,” said Data...
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