Tag Archives: sales

Huawei Surpasses Apple in Global Smartphone Sales, Takes Second Spot: Counterpoint

As Apple prepares to launch its next flagship device – probably iPhone 8 – on September 12, Chinese smartphone maker Huawei has surpassed Apple for the first time in global smartphone sales consistently for June and July. With August sales looking strong for the Chinese vendor, a hat-trick for Huawei, which is now at second spot after South Korean giant Samsung, could be on the… Read More »

iPhone 8 Launch on Track, Signals Apple; Reports Strong iPhone Sales

Apple on Tuesday delivered surprisingly strong fiscal third-quarter earnings and signalled that its upcoming 10th-anniversary phone lineup is on schedule, driving the stock up 6 percent to an all-time high in after-hours trading. The stock climbed above its intraday record high to $159.10 after the company reported better-than-expected iPhone sales, revenue and earnings per share. The stock price move was… Read More »

Facebook’s Oculus Fights Sales Ban for Virtual-Reality Headset

Facebook wants a federal judge to let it continue sales of its virtual-reality headsets even though a jury said the social-media giant’s Oculus unit stole another company’s computer code. ZeniMax Media’s request for a court order blocking sales of unspecified models of the Oculus Rift, which is priced at $600 (roughly Rs. 39,000) with controllers, follows a $500… Read More »

Intex targets Rs 520-crore sales with 25 new mobile phone launches

Home-grown mobile manufacturer Intex Technologies (India ) Ltd has set a sales target of Rs 520 crore with launch of 25 new mobile handsets lined up over the next three months. The new models to be launched between June and August comprise 16 smartphones and nine feature phones. The smart devices will be 4G-compliant and will be priced… Read More »

Xiaomi Mi Home Rakes in Rs. 5 Crores Sales Revenue in First 12 Hours

HIGHLIGHTS Xiaomi opened its Mi Home offline store in Bengaluru on May 20 The company says it had a sales revenue of Rs. 5 crores The company also plans to open 100 more store in India in next 2 years Chinese tech company Xiaomi has a lot of hopes pinned on its own foray into the offline market… Read More »

Macy’s sales slide stokes fears for US department stores

Shares in Macy’s have plunged after the US department store owner said quarterly sales slid 7.5%. Although some of the decline was due to stores being closed, like-for-like sales fell a worse than expected 4.6%. Chief executive Jeff Gennette said the company, which also owns Bloomingdales, did not have its “head in the sand”. However, Macy’s also expected… Read More »

Shake Shack shares fall after sales go cold

Shares of burger and milkshake chain Shake Shack sank by as much as 15% in after-hours trading after it posted an unexpected sales decline. The fast food company said revenue at existing stores fell 2.5% after cold weather in the US Northeast hurt sales. Profits were $2.3m (£1.8m) in the quarter, up 55% year-on-year. Chief executive Randy Garutti… Read More »

Apple iPhone and iPad sales drop

Apple: it launched an ad called “Sticker fight” for the iPhone 7 in March The tech giant sold 50.8 million iPhones making $33.2bn (£25.7bn) in revenue. The number of devices sold dropped 1% year on year from 51.2 million. However, revenue from iPhone sales was up 1% from $32.9bn. IPad sales dropped 13% year on year in the… Read More »

Qualcomm Said to Have Blocked Samsung Exynos Chip Sales to Other Handset Makers

Samsung has been one of the handset makers that has been using Qualcomm chipsets for years now. Though, Samsung has been prevented from selling its in-house Exynos chipsets to other handset makers by none other than Qualcomm, claims a new report. Samsung has been consistent with its own Exynos-series of processors which get refreshed every year though one… Read More »

GoPro’s Sales Resume Growth, but Still Miss Expectations

GoPro Inc’s revenue increased less than expected in the holiday quarter and its sales growth forecast for the current-quarter also fell short of expectations, hurt by shrinking demand for the company’s body-mounted point-of-view cameras. GoPro also forecast a steep sequential drop in gross margins for the current quarter, sending the company’s shares tumbling nearly 14 percent in extended… Read More »