Bidness ETC - GoPro Plans To Reach New Heights In 2QFY15

The action camera makers are expecting to report higher revenue growth as compared to the sales it made in the previous quarter.

GoPro camera business has been working towards making its sales boost right upwards since quite a long time and analysts believe that the action camera makers have been doing a magnificent job that has been showing in the increase in sales that the company recently witnessed in the first quarter of the current financial year. It has been proved by the camera producing company that all the strategies that have been adopted have turned out to be extremely profitable for it.

This statement can be verified by the number of sales the company was seen doing in the first financial quarter of 2015 where it beat the estimations and predictions of the equity analysts by a mile. The estimations made by the analysts of Wall Street were also proved to be wrong and analysts believe that that the speed the camera makers have seemed to be working upon, it will soon become of the biggest camera producers in the country.

The recent earnings for the first quarter that were announced by GoPro turned out quite positively with the earnings per share coming around at $0.52 beating predictions of $0.24 of the WSJ. On the other hand, the action camera manufacturers sold around 1.3 million action cameras in totality which helped the revenue of the firm increase as much as to $363 million. If the first quarter of 2014 is taken into consideration, it will be seen that an increase of a massive 54% has been recorded in the rise of the revenue per quarter.

Furthermore, the gross margin of GoPro (GPRO) sales also witnessed an increment from the first quarter of the previous year to around 45.1% which was recorded to be coming around at 40.9% in the past.

GoPro has given a guidance report for the second financial quarter of the current fiscal year where the revenue is expected to come around better $300-$400 million, which will see an upgrade by 59% as compared to the year before.

As for the EPS for 2Q, the expected amount per share has been expected to come in between $0.24-$0.26. The estimates and guidance that has been given by the company are much more than what analysts have been expecting from the firm which indicates that arise is bound to take place in the sales of the firm and it also shows that it believes that by the end of the second quarter, GoPro stock will be boosting its revenue growth and earnings with a huge difference as compared to the growth it witnessed in the previous quarter.

Bidness ETC - Here's What You Need To Be A Part of Google Inc

Certain that can make you a Google employee are here.

Google Inc. the search engine giant is one of those companies that have one of the most diverse portfolios. The company has undertaken several ventures that have contributed positively to their growth and performance. Likewise, Google stocks are also doing fairly well making their position to strengthen even more in the market.

The trajectory at which Google is growing is merely because of the fact that they value human resource. Any organization that wishes to flourish certainly needs to give the right amount of confidence to their workers so that they take such initiatives that help the company achieve its target.

Despite how appealing a job at Google might seem, there are certain traits that are required in a Google employee so if you think you have it all in you then Google is your next job destination.

Firstly, those who wish to be a part of Google that has and will continue to change lives globally need to understand that fitting the culture of the company is extremely important. Google is one of those companies that despite massive growth still wish to govern like a bunch of startups interconnected to one another rather than operating like a corporation.

The strategy helps them to remain focused to their goal and not get baffled by the glamor of their progress.

However, according to Laszlo Bock, the chief official heading human resource, those who qualify for an interview with Google do not really need to be nervous because they think they won’t be able to fit in. the only thing they are required to do is push out ideas that might add to the company’s portfolio and will help them thrive growth.

One of the most important things for them is the person so don’t wear a suit to make an impression.

To sum it all up, Google considers two things when they are actually deciding if an individual is a perfect fit for the company or not. These things are “intellectual humility” and “conscientiousness” which he mentioned in an interview.

Bock explains this by saying, at many places “cultural fit” is primarily dealing with candidates like him. However, at Google the case is slightly different where they expect individuals that add something new to the company. They do not need conventional ideas but require something different and innovative. Apart from this, conscientiousness is extremely important because it gives the employee ownership coupled with intellectual humility that gives the dignity to an employee to actually admit that something lacked or went wrong.

Bidness ETC - Microsoft Seeks To Establish Manufacturing Plants In India

Microsoft wishes to establish its manufacturing plants in India amid increase on import taxes.

Microsoft Corporation is considering various possibilities regarding establishing its own manufacturing plant in the Indian market since the local government has been making trade fairly difficult in the region. According to officials, the company finds it extends out of budget to import smartphones. The company understands the potential of the Indian smartphone market that is growing on a fast pace.

MSFT has taken several moves to rebrand itself in the region after it acquired the business of Nokia."We're evaluating that (local manufacturing) constantly in terms of what our local footprint is.”

According to Weber, "We continue evaluating that across the globe, including India while he highlighted the company’s future plans and endeavors. Microsoft has the honor of being the largest software provider across the globe which initially acquired Nokia for $7.5 billion which was signed the previous year. At that point if time the company had the opportunity to buy Nokia's manufacturing plant situated in Chennai but could not do so since the project was dealing with a tax dispute that remains unresolved to date.

The problem has now aroused for multinational companies that initially used to import smartphones and other merchandises since the taxes have been raised to a great extent. The reason behind increasing taxes is to promote and bolster the native brands.

Microsoft is not the only company that wishes to establish its manufacturing plants in the Indian market whereas local manufacturers are also trying to house their plants in India only to minimize cost. This includes top-notch smartphone manufacturers like Micromax, Karbonn, and Lava. This is not it but global companies like Xiaomi, Asus and Samsung have also shown similar interests in order to bolster and maximize production.

Microsoft understands that there is immense competition in India. For the same reason, the company has decided to offer prices that will be very low to match industry demands. The company has also mentioned that its 4G LTE and 3G smartphones will be priced at significantly low rates in order to attract buyers. Operators offering 3G and 4G LTE packages will also be contacted to promote their packages through Microsoft smartphones.

Hence, in a nutshell, Microsoft products and services are on the right track since the market they wish to conquer has numerous growth opportunities. The strategy they are deploying by offering affordable smartphones is extremely wise and will help them promote the brand in the region. A manufacturing plant will help the company a lot since they will manufacture locally and minimize costs which will help the Indian economy as well.