Parade expects sales rebound in 2H23
High-speed transmission chip specialist Parade Technologies expects its revenue to rebound in the second half of this year when shipments for customers' new products kick-off......»»
Stripe withholding $100K from popular Mac utility developer
The developer of the NotchNook app for the MacBook Pro isn't getting paid, with Stripe allegedly closing an account and preparing to refund approximately $100,000 in sales.Stripe is withholding $100k from NotchNook developer Io.CafeIO.Cafe developed.....»»
South Korea may get the iPhone 16 at the same time as the US
For the first time since the iPhone 3GS, South Korea may get the iPhone 16 in September, at the same time as the US.Queues for the opening of the Apple Hongdae store. Apple's smartphone launches tend to consist of day-one sales in a few key territori.....»»
iPad Pro updates ignite consumer interest, giving a giant boost to sales
Customers are opting for the high-end iPad Pro models, driving an increase in sales and renewed interest in Apple's tablet line.iPad Pro refresh helped Apple beat earnings expectationsIn May 2024, Apple launched new iPad Pro and iPad Air models, feat.....»»
PlayStation sales are down, but more players are using PS Plus
Sony reported that PlayStation hardware sales are down year over year, but it's not all bad news......»»
Stripe withholding $100k from popular Mac utility developer
The developer of the NotchNook app for the MacBook Pro isn't getting paid, with Stripe allegedly closing an account and preparing to refund approximately $100,000 in sales.Stripe is withholding $100k from NotchNook developer Io.CafeIO.Cafe developed.....»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
DARCARS Honda and owners face civil charges for alleged deceptive sales practices
DARCARS denies the allegations filed in a Maryland Attorney General statement of charges in July......»»
Rivian to report Q2 earnings after cutting costs, reaching $5 billion deal with Volkswagen
Rivian's second-quarter sales rose 9 percent to 13,790 despite a factory retooling in April to cut costs and freshen the R1T pickup and R1S crossover for the 2025 model year......»»
After slowdown last year, Carvana could again hit 400,000 used-vehicle sales in 2024
Carvana is starting to grow again and moving to capture used-vehicle market share, CEO Ernie Garcia said......»»
Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall
Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»
Nintendo Switch Sales Figures Fall in Latest Report
The company's mobile and intellectual property division also felt a significant downturn. The post Nintendo Switch Sales Figures Fall in Latest Report appeared first on Phandroid. While the Nintendo switch has mostly remained a popular vi.....»»
Apple"s third quarter 2024 results show return to growth, with Wall Street beat
Apple's third-quarter financial results have improved considerably compared to 2023, with sales figures across every aspect of the company beating Wall Street expectations.Apple CEO Tim CookApple has disclosed its quarterly financial results for Q3 2.....»»
Berkshire Hathaway may have continued its streak of selling off Apple stock
Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes.Warren Buffett [Berkshire Hathaway]Apple stock has had an int.....»»
Pricing, interest rates temper sales rebound
Overall growth is expected to slow in the second half after sales rose 2.2 percent in the first six months of 2024. Analysts say high interest rates and borrowing costs as well as elevated prices are preventing more robust demand......»»
Magna, in unusual step, lowers 2026 outlook on EV uncertainty, contract assembly woes
Magna International took the unusual step of lowering its outlook for its 2026 financial performance as it grapples with automakers reducing, postponing or canceling electric vehicle plans amid soft sales growth......»»
Seating supplier to cut jobs in Detroit after truck discontinuation
Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Apple reports record revenues despite stagnant iPhone sales
CEO Tim Cook spent much of the earnings call hyping Apple Intelligence. Enlarge / Apple CEO Tim Cook. (credit: Lionel Hahn/Getty Images) Apple reported its earnings results for the third quarter of the 2024 fiscal year,.....»»
Meta’s next AI model to require nearly 10 times the power to train
Mark Zuckerberg expects the compute requirements for next year's Llama 4 to be "10 times" that of last month's Llama 3......»»