Tag Archives: quarter

Apple Sold 46.7 Million iPhone Units and 10.3 Million iPad Units Last Quarter

Apple Inc on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable strength across its growing line of products and services. The stellar earnings report came just as the iPhone X went on sale Friday morning in Australia. Long lines were forming… Read More »

UK economy grows by 0.6% in fourth quarter

Strong consumer spending helped the UK’s economy to grow faster than expected at the end of last year. The economy grew by 0.6% in the October-to-December period, the same rate as in the previous two quarters, according to an initial estimate from the Office for National Statistics. The figure indicates that the feared economic slowdown following the Brexit… Read More »

German economy slows in third quarter

Germany’s economic growth slowed in the third quarter of the year, dented by weaker exports, figures have shown. Europe’s largest economy grew by 0.2% between July and September, half the 0.4% rate seen in the previous three months. This was slower than economists had expected and well below the 0.7% rate recorded in the first quarter. “The development… Read More »

Microsoft only sold around 1.2 million Lumia phones in the April to June quarter

Although Microsoft hasn’t revealed how many Lumia smartphones it sold in the second quarter of this year through its regular quarterly financial results, the company has an SEC filing out today that clears that up. In the document, Microsoft mentions that in its fiscal year 2016 (which started on July 1, 2015, and ended on June 30 this… Read More »

iPhone SE Demand Outstripped Supply Last Quarter, Says Tim Cook

Apple reported its latest quarterly earnings on Tuesday where it announced that global iPhone sales were marginally above expectations. Apple said it sold 40.4 million iPhone units in the April-June quarter, down 15 percent from the year-ago quarter but slightly more than the average analyst forecast of 40.02 million. iPhone sales in India were up 51 percent. The… Read More »

Apple Extends iPhone Production Cut for Another Quarter: Nikkei

Apple Inc will continue its reduced production of iPhones in the quarter ending June in light of sluggish sales, the Nikkei business daily reported, citing parts suppliers notified of the plan. Apple apparently does not plan to make enough of the newly launched iPhone SE model, the Nikkeireport said. The company’s shares fell 1.8 percent to $110.05. Shares… Read More »

FTSE ends poor quarter with another drop

UK shares retreated on Thursday, ending a weak first quarter of 2016 on a downbeat note, although a recovery in mining shares helped it outperform euro zone indexes. Britain’s FTSE 100 .FTSE was down 28.27 points, or 0.5 percent, at 6,174.90 by the close. That left the index down 1.1 percent in 2016 as the first quarter drew… Read More »

LG G5 India Launch Confirmed for Next Quarter

LG on Friday announced that it will launch the G5 flagship smartphone in India in the next quarter. TheLG G5 has already wowed critics and users alike with its innovative removable battery and modular design, which expand the phone’s functionality. The modules or add-ons are called the LG Friends, meant to signify the companion devices that can be… Read More »

Twitter adds no new users in final quarter of 2015

Financial earnings report shows active users remaining at 320 million, despite predictions of rise to 323 million The number of active Twitter users failed to rise in the last three months of 2015, the social network has reported, as it continues to struggle. The micro-blogging site used its latest financial earnings report to announce that monthly active users… Read More »