We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dolby, Samsung Tie Up to Bring Dolby Atmos on Mobile Devices
Read MoreHide Full Article
Dolby Laboratories, Inc. (DLB - Free Report) recently announced its collaboration with Samsung Electronics Co., Ltd., to introduce Galaxy S9 and Galaxy S9+ mobile devices with Dolby Atmos experience.
The Dolby Atmos experiences will be available on these mobile devices, creating powerful moving audio experience via headphone and built-in speakers. Also, Dolby has plans to expand the powerful audio experiences in additional devices for improving consumer experience. Notably, Galaxy S9 and Galaxy S9+ owners can now enjoy a more enveloping soundfield, greater subtlety and nuance, crisper dialogue as well as consistent playback volume for various contents.
Our Take
Dolby has continued its long-standing partnerships with industry frontrunners like Netflix Inc. (NFLX - Free Report) and Amazon.com, Inc. (AMZN - Free Report) . In fact, in 2017, Netflix had started streaming in Dolby Atmos and currently offers combined Dolby Vision and Dolby Atmos experience to its global subscriber base. We believe that the company’s lookout for bringing new audiovisual experiences to the market presents an opportunity to grab a greater market share.
However, this Zacks Rank #4 (Sell) company’s shares have been witnessing a dismal run on the bourse, of late. In the past three months, Dolby's shares have declined 0.6% against the industry’s gain of 2.9%.
Meanwhile, free and proprietary sound technologies are being increasingly adopted by clients. Going forward, the company apprehends that competitors will soon freely enter this space with other offerings, thus threatening its market share. Also, Dolby anticipates lower recoveries in broadcast business in fiscal 2018 to offset other growth drivers and hinder growth.
Soft sales of PCs, DVD, Blu-ray and home theater equipments in fiscal 2018, might affect the company’s top-line growth as well. This apart, maturity of the digital cinema market exposes Dolby to a number of risks that includes pricing competition and development of cheaper products by competitors.
Sony has surpassed estimates in the trailing four quarters, with an average positive earnings surprise of 79.8%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Dolby, Samsung Tie Up to Bring Dolby Atmos on Mobile Devices
Dolby Laboratories, Inc. (DLB - Free Report) recently announced its collaboration with Samsung Electronics Co., Ltd., to introduce Galaxy S9 and Galaxy S9+ mobile devices with Dolby Atmos experience.
The Dolby Atmos experiences will be available on these mobile devices, creating powerful moving audio experience via headphone and built-in speakers. Also, Dolby has plans to expand the powerful audio experiences in additional devices for improving consumer experience. Notably, Galaxy S9 and Galaxy S9+ owners can now enjoy a more enveloping soundfield, greater subtlety and nuance, crisper dialogue as well as consistent playback volume for various contents.
Our Take
Dolby has continued its long-standing partnerships with industry frontrunners like Netflix Inc. (NFLX - Free Report) and Amazon.com, Inc. (AMZN - Free Report) . In fact, in 2017, Netflix had started streaming in Dolby Atmos and currently offers combined Dolby Vision and Dolby Atmos experience to its global subscriber base. We believe that the company’s lookout for bringing new audiovisual experiences to the market presents an opportunity to grab a greater market share.
However, this Zacks Rank #4 (Sell) company’s shares have been witnessing a dismal run on the bourse, of late. In the past three months, Dolby's shares have declined 0.6% against the industry’s gain of 2.9%.
Meanwhile, free and proprietary sound technologies are being increasingly adopted by clients. Going forward, the company apprehends that competitors will soon freely enter this space with other offerings, thus threatening its market share. Also, Dolby anticipates lower recoveries in broadcast business in fiscal 2018 to offset other growth drivers and hinder growth.
Soft sales of PCs, DVD, Blu-ray and home theater equipments in fiscal 2018, might affect the company’s top-line growth as well. This apart, maturity of the digital cinema market exposes Dolby to a number of risks that includes pricing competition and development of cheaper products by competitors.
Stock to Consider
A better-ranked stock from the same space is Sony Corp Ord sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Sony has surpassed estimates in the trailing four quarters, with an average positive earnings surprise of 79.8%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>