This system uses the Microvision PicoP display.
Sunday, June 30, 2013
Friday, June 28, 2013
Presentation from Microvision's Stockholder Meeting
Tablet computer available with projector
Not nearly as nice as a Microvision projector, but I think people will be enthusiastic with the concept.
It's available on Amazon
It's available on Amazon
Wednesday, June 26, 2013
Concept Phones Sites
These look like good places to get a front row seat on what's up and coming from the cell phone world.
GSMDome.com
Conceptphones.com
If anything looks amazing, I'll put in a link to it.
The gaming phone concept looks like a great place for picoprojection.
Gaming Phone
new feature?
I'll be looking for more information about this particular designer: Liam Quinn
GSMDome.com
Conceptphones.com
If anything looks amazing, I'll put in a link to it.
The gaming phone concept looks like a great place for picoprojection.
Gaming Phone
new feature?
I'll be looking for more information about this particular designer: Liam Quinn
Friday, June 21, 2013
My Price Target is Low...
This is an interesting enough read, I'm posting it before I've read it entirely.
The price target here... $1,200-$1500...
After reading this through, I think the analysis is good, I think the amount he expects Microvision to earn for each projector is very optimistic, however.
Mirro's Blog
The price target here... $1,200-$1500...
After reading this through, I think the analysis is good, I think the amount he expects Microvision to earn for each projector is very optimistic, however.
Mirro's Blog
Thursday, June 20, 2013
Wednesday, June 19, 2013
Tuesday, June 18, 2013
The Future of Lighting Is Lasers
An interesting post on Microvision's website.
http://www.microvision.com/displayground/innovation/researchers-discuss-lasers-as-the-future-of-lighting/
http://www.microvision.com/displayground/innovation/researchers-discuss-lasers-as-the-future-of-lighting/
Instagram gets Video..
Microvision thought it would be worth Publishing
http://techcrunch.com/2013/06/17/source-instagram-will-get-video-on-june-20/
Microvision thought it would be worth Publishing
http://techcrunch.com/2013/06/17/source-instagram-will-get-video-on-june-20/
New (released) Patent by Delphi mentions Microvision
New Patent by Delphi mentions Microvision
Note that the Patent was filed last year -- only released yesterday. By my understanding, it was released earlier than it had to be. (I've been told that patents can be held for 18 months before they must be made public.)
Publication date | May 16, 2013 |
Filing date | Oct 31, 2012 |
Links to the patent.
Microvision is mentioned in the 3rd Paragraph of the detailed description
Delphi Automotive website
Monday, June 17, 2013
Apple working with Automakers
Apple working with Automakers to deeply embed their OS7
This could be excellent news. Microvision has a proven means to deliver information in automobiles.
Apple working with vehicle makers to deeply embed iOS 7 Maps and Siri services, sources say
Tuesday, April 30, 2013 · 11:01 am · 24 Comments
“Apple is working with car makers to deeply embed iOS’s Maps and Siri services into cars, according to these people,” Gurman reports. “While companies sell accessories to place iPhone and other iOS devices on cardashboards for easy access to Apple Maps’ turn-by-turn navigation, Apple wants to break into the space with its own solutions.”
Gurman reports, “According to people familiar with the plans, Apple is working with car makers on updated versions of car center consoles that could attach to iOS devices like the iPhone. Specifically, an iPhone could be plugged into a car and an optimized, redesigned version of Apple Maps will appear on the car’s built-in display instead of a proprietary GPS system found in many cars.”
Much more in the full article here.
Related articles:
Apple expands its automotive push, seeks to grow its iOS vehicle integration team – March 6, 2013
General Motors’ Chevrolet Sonic, Spark first to offer iPhone, iPad, iPod touch users Siri Eyes Free integration – February 14, 2013
Honda and Acura to deliver Apple’s Siri Eyes Free on select 2013 vehicles – January 30, 2013
Hyundai becomes 10th vehicle maker to integrate Apple’s Siri ‘Eyes Free’ tech – January 7, 2013
GM to integrate Apple’s ‘Eyes Free’ Siri technology starting with Chevy Sonic, Spark – June 19, 2012
Harman CEO on Apple for Automotive: ‘Apple is a partner, not an adversary’ – June 13, 2012
Nine auto makers partner with Apple for ‘Eyes Free’ Siri integration – June 12, 2012
Mercedes-Benz integrates Apple’s Siri personal assistant into its vehicles – February 28, 2012
Apple expands its automotive push, seeks to grow its iOS vehicle integration team – March 6, 2013
General Motors’ Chevrolet Sonic, Spark first to offer iPhone, iPad, iPod touch users Siri Eyes Free integration – February 14, 2013
Honda and Acura to deliver Apple’s Siri Eyes Free on select 2013 vehicles – January 30, 2013
Hyundai becomes 10th vehicle maker to integrate Apple’s Siri ‘Eyes Free’ tech – January 7, 2013
GM to integrate Apple’s ‘Eyes Free’ Siri technology starting with Chevy Sonic, Spark – June 19, 2012
Harman CEO on Apple for Automotive: ‘Apple is a partner, not an adversary’ – June 13, 2012
Nine auto makers partner with Apple for ‘Eyes Free’ Siri integration – June 12, 2012
Mercedes-Benz integrates Apple’s Siri personal assistant into its vehicles – February 28, 2012
Categories: News
Friday, June 14, 2013
VARIOUS LINKS WITH LITTLE EXPLANATION
Iphone 6 Trailers (Conecpts, not real, some of them involve some projector thinking)http://www.youtube.com/watch?v=b_WXjuhZlNw
SAMSUNG HALF CAMERA HALF SMARTPHONE
http://tinyurl.com/k6u57n5
Ford working with Microvision... The speaker is From Microvision.... listen closely. If you want to fast-forward to the Ford Mention, go to 4:40http://www.youtube.com/watch?v=TVVLtsR55LM&feature=related
Bad news for Apple Could be good news for Microvision
If they really have to do something spectacular to attract new customers or upgrades, projectors are ready!
http://www.thestreet.com/story/11899482/1/absolutely-terrifying-news-for-apple.html
Mentioned Recently in an Investor Site
MVIS mentioned at the bottom.
http://longshortsqueeze.wordpress.com/2013/06/10/a-tale-of-two-look-alikes-that-inherently-doing-the-same-thing/
another investor site... about halfway down.
http://www.thestreet.com/story/11871535/1/ezchip-my-struggling-core-holding-may-see-better-days.html
Other Stuff with no explanation...
another investor site... about halfway down.
http://www.thestreet.com/story/11871535/1/ezchip-my-struggling-core-holding-may-see-better-days.html
Other Stuff with no explanation...
http://www.latimes.com/business/autos/la-fi-hy-automotive-electronics-growth-20130529,0,3085999.story
http://www.nttdocomo.co.jp/english/New Chief Financial Officer
New CFO's former company
IPhone 6 Marketing
(This is NOT a real ad, but it's someone's vision of what is to come.)
Accuvein - http://www.accuvein.com/
Patent by Accuvein -- which mentions Microvision...
I'm not sure about the extent of Microvision's involvement....
I asked the Investor Relations person at Microvision if they are working with Accuvein and got an "I don't know." It's entirely possible they aren't, but I think the projection wouldn't work without a laser projector. I'll certainly welcome input from anyone who knows.
Stuff from the Microvision Investors Meeting
I saw prototypes of embedded or accessory Microvision projectors yesterday.
In a Kindle Fire® tablet . --- You want one... I mean REALLY you WANT one. This tablet had a picture as good as my TV at home, showing a screen nearly as big as my TV at home in a dimly lit room... (It wasn't a brightly lit room, but it was not dark.
attached comfortably to a Samsung phone --- with as good a picture as the other!
In each of the tablets they were able to embed the projector without any change to the form factor (they cut a little hole in the side, installed the projector and sealed it up... there's no bump or anything.
Video of Kindle Fire prototype
A summary of the stockholder meeting. (Talked to this guy & gave him a lift home)
Q&A -- from another attendee.
http://investorvillage.com/smbd.asp?mb=1549&mn=17086&pt=msg&mid=12852612
The key players are happier than I've ever seen them... and they acknowledged that they are.
Just before the main presentation, the CEO grabbed my arm (I've met him enough times that he recognizes me) and said something to the effect of "I feel like the anchor lines have been cut and I have my jet pack on."
There was an interesting pop in the stock this morning that I suspect strongly was an bout of insider buying.... (It's only suspicion at this time, but the timing, and the way the trade was conducted looks like an insider buy footprint... I'll watch for an SEC document release.)
Microvision Number Crunching
Disclaimer
This is ALL hypothetical... it is all speculative. I don't know how much Microvision expects to make from each projector, I don't know that Microvision could possibly be in the X-Box. We do know, for a variety of reasons that Microsoft and Microvision aren't strangers however. In some places I've included the reasons for my choice of numbers, in other places I've chosen numbers that simply "seem reasonable."Peter
Funny, I mentioned this to one of the other investors at the meeting yesterday... he had brought his son... and as I was going through this he elbowed his son saying "see?! I'm not alone or crazy!"
Could there be an XBox with PicoP inside?
Did a little number crunching this morning....
If you haven't seen the introductory video for the Xbox one, you should watch it. There are strong Hints that Illumiroom will be part of it, there's news that if Illumiroom will be part of the Xbox world it will be in ALL of them. (they had trouble with adoption of the kinect, because it was an add-on. ALL Xbox Ones will be shipped with the Kinect... so it's likely that if illumiroon is going to be part of the XBox one, they will include it with all of the boxes they ship.)
Illumiroom
If you haven't seen the introductory video for the Xbox one, you should watch it. There are strong Hints that Illumiroom will be part of it, there's news that if Illumiroom will be part of the Xbox world it will be in ALL of them. (they had trouble with adoption of the kinect, because it was an add-on. ALL Xbox Ones will be shipped with the Kinect... so it's likely that if illumiroon is going to be part of the XBox one, they will include it with all of the boxes they ship.)
Illumiroom
There's a good reason to think that an MVIS projector (or more than one) MAY be in the Xbox one... and that is that the image is always in focus, even with things that are a different distance from the lense. This isn't something that a projector that needs an optical focus can do well (or at all... I suppose it's possible that they could do this with a computer -- I admit I don't know this.. but I don't think that if it's possible it would be easy.)
The X-Box 360 began production 69 days before it was launched. (That's short time) --- so there's no guarantee you'll get any warning!! [ http://en.wikipedia.org/wiki/Xbox_360#Reception_and_sales, http://money.cnn.com/2006/07/05/commentary/column_gaming/index.htm?section=money_latest, ]
So I commence crunching...
The original x-box 360 sold 10,000,000 units in its first year, to crunch numbers, we'll assume the same number as the original x-box.
Let's guess that MVIS can earn $7/each. (I think it will be more, but let's keep it low. I do admit that this number is simply selected as reasonable. When their product becomes a commodity, it will be less than this, but it could be more than this at first.... at under $100/unit to OEMS, they will be looking at using it.)
that's 70,000,000 income to MVIS (in a year.) divide that by 25,000,000 shares. That's $2.80/share in earnings.
Put a PE ratio of 40 on those earnings... MVIS = $112/Share.
Put a PE ratio of 60 on those earnings.... MVIS = $168/Share.
Put a PE ratio of 60 on those earnings.... MVIS = $168/Share.
I don't think MVIS will earn so little per box...(multiple projectors) I suspect it will be more like $21/box or $210,000,000 in earnings or $8.4/share
Put a PE ratio of 40 on those earnings.... MVIS = 336/share
Put a PE ratio of 60 on those earnings.... MVIS = 504/share
Put a PE ratio of 60 on those earnings.... MVIS = 504/share
They mentioned field of view a lot... trying to focus in a room that has stuff in it means lasers....
Oh, and with numbers like that.... a PE ratio of 60 is low...
These numbers do NOT include cellphones, portable games, tablets or cars....
This is ALL speculation.... although I do know that there's a fantastic product out there, that manufacturers are looking into it, and that it's been successfully implemented as an embedded product.
Enjoy the ride.
Peter
A Previous Number Crunching Exercise:
The company doesn't need to be the only player in the market of small projectors or even the predominant one to reward holders significantly.
For the exercise I've only looked at the smartphone market, but I know that it will be a significant part of the potential market, but certainly not the only market, portable gaming, automotive and other things that we haven't even thought of may be significant parts of the market.
Assumed Microvision can reach 10% of the smartphone market... assume $7.00/phone of Microvision profit. I can imagine it being higher, or lower, but $7 seems reasonable.)
The PE ratio selected is 40. Yes it's arbitrary. Growth companies... Microvision will be considered one under this scenario, often get PE ratios that are huge. ( At the original time of writing -- LNKD is currently over 800, FB is over 1,500, many blue chip companies trade in the 20's, dividend plays in the tens. 40 is very conservative for a growth company with new technology.
Microvision Shares Float 25,240,000
Smartphone sales 2011 717,000,000
Projector sales for phones 71,700,000 units
Profit/phone $7
Company profit $501,900,000
Earnings per share $19.89
PE Ratio 40
Stock price target 795.40 (Based on above numbers.)
Market Cap 20,076,000,000
The company could miss all these numbers significantly, and still make stockholders a lot of money. For example, if we're way off on the profit/phone number and it's $1, this scenario (all other numbers staying the same) still gets us a stock price of 113. If the numbers are right, with the exception of the PE ratio, and the PE ratio reaches a still reasonable number of 80, the stock price/share will be over $1500.
We are at the place where the stock should start to move, the biggest impediment to implementation.. the lack of direct green lasers is all but solved. The technology doesn't have to be perfect to be popular.. this technology can help make computers cheaper to acquire, since for many people a smart phone sized unit would be all they need or want, and Asia is a huge marketplace crammed with people that fit that description.
I'm interested in respectful criticism or comments....
Peter
Here's where I got the information about smart phone sales in 2012: I'm sure conflicting statistics can be found.
Here's where I got the information about smart phone sales in 2012: I'm sure conflicting statistics can be found.
A link about the Recent Apple Investor's Conference.
http://bits.blogs.nytimes.com/2013/06/10/live-blog-apple-conference-keynote/?src=twr
Microvision's Facebook post
https://www.facebook.com/MicrovisionInc?hc_location=stream
Ford
It is known that Microvision is working with Fordhttp://www.ford.com/cars/fusion/features/#page=Feature28
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