Ennostar cautious about sales outlook for 2Q22
LED maker Ennostar will likely see its revenue disappoint in the second quarter of 2022 due mainly to shipment disruptions amid COVID lockdowns in China, according to company chairman Lee Biing-jye......»»
Rising popularity of older iPhone models drove down average selling prices in June quarter
A metric used to gauge iPhone sales performance suggests a decrease in the average selling price in the June 2024 quarter due to the popularity of older models.iPhone 15 PlusApple stopped reporting iPhones' Average Selling Price (ASP) in 2018. Howeve.....»»
Xbox console sales continue to crater with massive 42% revenue drop
Xbox Series X/S sales seem to have peaked early in 2022. Enlarge / The tumbling continues. Microsoft's revenue from Xbox console sales was down a whopping 42 percent on a year-over-year basis for the quarter ending in J.....»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
iPhone dominates top 10 smartphones list for Q2 2024
The iPhone is continuing to dominate the list of the top smartphone sales in the second quarter, but the overall position has weakened slightly compared to Q2 2023.The iPhone 15 Pro models were second and third in the listIn the second quarter, Apple.....»»
Ford freshens the 2025 Maverick with features customers have clamored for
Ford hopes the new powertrain option — plus a larger center screen, new tech and updated design elements — will help the Maverick maintain sales momentum, especially among first-time Ford buyers......»»
Carvana"s "mousetrap": Analysts expect higher Q2 sales and room to seize more
Carvana could top Wall Street's expectations for a 3 percent quarter-over-quarter sales volume increase, BTIG analyst Marvin Fong wrote......»»
The iPhone 16 will launch without headline AI features, risking disappointed buyers
The iPhone 16 will launch without some of the headline Apple Intelligence features – which are arguably the biggest reason for most to upgrade to the new models. While Apple is taking an understandably cautious approach here, the company runs t.....»»
From scandals to slowdown, Toyota"s top 5 challenges in key earnings report
Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»
TD Cowen raises AAPL target to $250 on AI and China sales
Investment analyst firm TD Cowen predicts that Apple Intelligence will bring a modest boost to the iPhone 16 range, but be much more significant in 2025, by when China sales are expected to have returned to growth.Render of the iPhone 16 rangeAhead o.....»»
Automakers reverse course on EV targets
Cooling sales growth, high vehicle prices and uncertain political outcomes have forced automakers to pivot......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
16% of organizations experience disruptions due to insufficient AI maturity
While sysadmins recognize AI’s potential, significant gaps in education, cautious organizational adoption, and insufficient AI maturity hinder widespread implementation, leading to mixed results and disruptions in 16% of organizations, accordin.....»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Most automakers predict missed EV sales goals, slower transition in Kerrigan survey
The majority of automaker executives who participated in the 2024 Kerrigan OEM Survey said the transition to EVs will be slower than initially projected in the U.S......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Intel is losing ground to AMD
Intel's market share has decreased to 71.9% in the third quarter of 2024. It remains the global leader in processor sales, but is steadily losing ground to AMD......»»
Android switchers boost iPhone Sales -- but not for the iPhone 15
Over the years, Apple has benefited greatly from Android users switching to iPhones. The models that the switchers are picking now is a short-term strategic challenge for Apple, but a long-term gain.Android switchers boost iPhone Sales — but not fo.....»»
Apple"s batterygate settlement fund didn"t have enough money to pay a $92.17 check
So much for being the world's most valuable company. An iPhone "batterygate" settlement check has bounced and allegedly because of insufficient funds.The bounced check that will bring down Apple. (Source: First Coast News)Maybe those falling sales i.....»»
When is the next Steam sale?
The best time to buy PC games is during the Steam sales, but when exactly is the next one? We'll let you know how long you have to save up for the next sale......»»
Battery sales keep Tesla profitable in Q2 as EV sales still slumped
Tesla's status as a growth stock will require some explaining if this keeps up. Enlarge / Will investors care that Tesla's car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket v.....»»