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  "documentTitle": "Monolithic Power Systems (MPWR)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2019-10-09 00:00:00",
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  "notes": "Uses a combination of LinkedIn data and company financial reports to perform a 'bridge' analysis to isolate core consumer performance.",
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      "kind": "callout",
      "text": "2018: \"Revenue from the consumer market decreased $5.6 million...\" 2017: \"Revenue from the consumer market increased $36.0 million...\"",
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      "text": "Per an employee LinkedIn disclosure, Microsoft is $100m of sales, which conveniently equates to ~17% of LTM sales of $606m. Ex: Microsoft sales, we estimate the consumer segment is down 53%.",
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      "text": "LinkedIn profile snippet for Sr. Global Account Manager at Monolithic Power Systems",
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      "text": "Consumer Sales: -53%",
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      "text": "Per an employee LinkedIn disclosure, Microsoft is $100m of sales, which conveniently equates to ~17% of LTM sales of $606m. Ex: Microsoft sales, we estimate the consumer segment is down 53%.",
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      "text": "2018: “Revenue from the consumer market decreased $5.6 million, or 3.0%, from the same period in 2017. This decrease was primarily due to softness in demand for high volume consumer-related products, particularly those sold in the greater China region.” 2017: “Revenue from the consumer market increased $36.0 million, or 23.4%, from the same period in 2016. This increase was primarily driven by higher demand in gaming and home appliance products.” — MPWR",
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      "text": "Source: LinkedIn; Source: MPWR financials",
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      "kind": "title",
      "text": "Undisclosed Consumer Customer Dependence Reveal Core Consumer Business Is Crashing",
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