Wireless Industry Performance Profile - June 2004
This report, published in June of 2004, exemplifies a financial analysis approach I applied to the wireless industry. The basic algorithm used in this report is founded on the application of trend line analysis and the computation of Bell curve standard deviation trend lines that bracket the expected higher and lower results of the principle trend lines. Armed with the deviation trend lines one can easily see if posted results are within expectations or not, and if not, how far away the results are from expectations. It's fundamentally an analytical approach to analyzing posted results and setting reasonable expectations for future results. In the report, this algorithm is applied to the major indices, such as the S&P 500, as well as the Wireless Holder Index, and also to a broader and more segmented analysis of the wireless industry. In applying the algorithm to the line items of a summed income statement representing industry sub-segments, we decipher industry trends of revenue, gross profit, costs, and income.