Q2 Sales
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Hyundai's Net Profit Dips 15.5 Per Cent In Q2 FY25; Creta EV Launch Soon
Hyundai Motor India confirmed that the launch of Creta EV is barely months away, at a media call for announcing the Q2 FY2025 results.
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Nintendo Switch Games Will Be Playable on Switch Successor, Nintendo Confirms
The successor to the Nintendo Switch will support backwards compatibility with the Switch, Nintendo confirmed Wednesday. At a company briefing, Nintendo president Shuntaro Furukawa announced that Nintendo Switch software would be playable on the Switch 2.
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Smartphone Shipments in India Grew 7 Percent YoY in H1 2024: IDC Report
Smartphone shipments in India grew 7.2 percent year-over-year (YoY) in the first half (H1) of 2024 where 69 million units were shipped, according to a report by a market research firm. The second quarter (Q2) of the year saw 35 million smartphones being shipped, which was a 3.2 percent YoY rise over Q2 2023 shipments. The report added that the ...
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Audi India Reports Weak Sales In Q2 2024, Citing Supply Chain Disruptions
Audi India reports a 6% sales drop in Q2 2024 due to supply chain issues, yet sees long-term growth.
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Apple's iPhone Shipments in China Rebound With 12 Percent Surge in March After Price Cuts
Apple's iPhone shipments in China increased by 12 percent in March after the company and its retailers reduced prices, according to data from a research firm affiliated the Chinese government.
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India’s Wearable Devices Market Grew 53.3 Percent in First Half of 2023: IDC
Wearable devices market in India saw a robust 53.3 percent yearly growth in the first half of 2023, with shipping of 57.8 million units, according to data released by International Data Corporation (IDC).
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iPhone Sales Declined in Q2 2023 as Services Revenue Saw Record Growth With 1 Billion Subscriptions
Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the four...
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
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Nokia's Second-Quarter Profit Falls 37 Percent as US Phone Operators Slash Spending
Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.
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TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
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India's 5G Smartphone Shipments to Exceed 4G Shipments in 2023: Counterpoint Research
India's 5G smartphone shipments will reportedly exceed that of 4G shipments by the end of next year, driven by the mass adoption of the high-speed network and the rise in the sale of handsets in the lower-price bands. 5G data speed in India is expected to be about 10 times faster than that of 4G, with the network seen as vital for emerging technolo...
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Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
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General Motors Temporarily Halts Paid Advertising on Twitter After Elon Musk Takeover
General Motors said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company. The largest US automaker said it was "engaging with Twitter to understand the direction of the platform under their new ownership."
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Tata Motors Group Global Sales Up 33 Per Cent In Q2 FY2023
The Group posted cumulative wholesales of 3,35,976 units in the second quarter of the financial year.
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
-
Hyundai's Net Profit Dips 15.5 Per Cent In Q2 FY25; Creta EV Launch Soon
Hyundai Motor India confirmed that the launch of Creta EV is barely months away, at a media call for announcing the Q2 FY2025 results.
-
Nintendo Switch Games Will Be Playable on Switch Successor, Nintendo Confirms
The successor to the Nintendo Switch will support backwards compatibility with the Switch, Nintendo confirmed Wednesday. At a company briefing, Nintendo president Shuntaro Furukawa announced that Nintendo Switch software would be playable on the Switch 2.
-
Smartphone Shipments in India Grew 7 Percent YoY in H1 2024: IDC Report
Smartphone shipments in India grew 7.2 percent year-over-year (YoY) in the first half (H1) of 2024 where 69 million units were shipped, according to a report by a market research firm. The second quarter (Q2) of the year saw 35 million smartphones being shipped, which was a 3.2 percent YoY rise over Q2 2023 shipments. The report added that the ...
-
Audi India Reports Weak Sales In Q2 2024, Citing Supply Chain Disruptions
Audi India reports a 6% sales drop in Q2 2024 due to supply chain issues, yet sees long-term growth.
-
Apple's iPhone Shipments in China Rebound With 12 Percent Surge in March After Price Cuts
Apple's iPhone shipments in China increased by 12 percent in March after the company and its retailers reduced prices, according to data from a research firm affiliated the Chinese government.
-
India’s Wearable Devices Market Grew 53.3 Percent in First Half of 2023: IDC
Wearable devices market in India saw a robust 53.3 percent yearly growth in the first half of 2023, with shipping of 57.8 million units, according to data released by International Data Corporation (IDC).
-
iPhone Sales Declined in Q2 2023 as Services Revenue Saw Record Growth With 1 Billion Subscriptions
Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the four...
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
-
Nokia's Second-Quarter Profit Falls 37 Percent as US Phone Operators Slash Spending
Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.
-
TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
-
India's 5G Smartphone Shipments to Exceed 4G Shipments in 2023: Counterpoint Research
India's 5G smartphone shipments will reportedly exceed that of 4G shipments by the end of next year, driven by the mass adoption of the high-speed network and the rise in the sale of handsets in the lower-price bands. 5G data speed in India is expected to be about 10 times faster than that of 4G, with the network seen as vital for emerging technolo...
-
Elon Musk's SpaceX Buys Advertising Package for Starlink on Twitter
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. Companies including General Motors, General Mills, Mondelez International and Volkswagen AG paused advertising on the platform after Musk ...
-
General Motors Temporarily Halts Paid Advertising on Twitter After Elon Musk Takeover
General Motors said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company. The largest US automaker said it was "engaging with Twitter to understand the direction of the platform under their new ownership."
-
Tata Motors Group Global Sales Up 33 Per Cent In Q2 FY2023
The Group posted cumulative wholesales of 3,35,976 units in the second quarter of the financial year.
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
