[ad_1] Also, as “protective global trade practices” increase and customers are increasingly reluctant to buy new high-priced phones, Samsung will “introduce more competitive A series models in the second half” to take advantage of interest in the midrange models. It already announced plans to bring the Galaxy A50 and a few others to the US, […]
Category: earnings
Apple’s wearables and services made up for weak iPhone sales
[ad_1] But again that was to be expected. As the narrative goes, Apple — which can’t count on people splurging on pricey new iPhones the way they used to — is shifting to focus on its services business. It’s not hard to see why, either: in the last two quarters, iPhone sales have dipped significantly […]
Sony has sold 100 million PlayStation 4 consoles
[ad_1] Sony also revealed that for the first time, folks are buying more games via digital downloads than physical discs, marking a trend that’s been ongoing for a while now. Despite its half-decade age, PS4 sales have never really flagged until recently, with 17.8 million sold last year, down just 1.2 million over 2017. However, […]
Tesla’s losses narrow after a record-breaking quarter of car deliveries
[ad_1] That said, the loss was hardly unexpected: In its first-quarter update, Tesla made it clear that while the company should become cash-flow positive later this year, short-term losses were inevitable. Bear in mind, the company said that just after it posted a quarterly net loss of more than $700 million, so the $406 million […]
Snapchat had more than 200 million daily users last quarter
[ad_1] Not coincidentally, the redesigned Snapchat app that rolled out to all Android users last quarter has made an impact as well. Snap says that users are sending seven percent more Snaps with the new app, though it comes with the confusing caveat that this represents “the majority of Android devices used by new users.” […]
Netflix Q2 report points to price hikes for lower than expected growth
[ad_1] Netflix just released its financial results for the second quarter of 2019 (PDF), and a number that jumps out is that its service grew by 2.7 million subscribers. That’s a problem for shareholders because in its last report, the company predicted it would be up about 5 million in Q2, and in the US […]
YouTube offers tiered membership levels to boost creators’ revenue
[ad_1] Building off of Super Chat, which allows fans to pay for comments that appear at the top of a livestream, YouTube is adding Super Stickers. Users will be able to purchase animated stickers to share during live streams and premieres. YouTube is also adding more partners to its Merch shelf, so creators can now […]
Samsung expects another big slump in profits
[ad_1] While Samsung hasn’t explained what dragged it down this quarter, its performance early in the year suffered primarily due to a drop in memory chip sales. While its increased profits over the first quarter suggest that the Galaxy S10 and A-series launches helped, they weren’t popular enough to reverse trends. The tech giant certainly […]
GameStop cuts costs to deal with plunge in console sales
[ad_1] The retailer didn’t expect the situation to improve any time soon, either. It also unveiled a string of cost-cutting measures to stay afloat, including scrapping the company’s share dividend (potentially saving $157 million per year) and merging ThinkGeek’s online collecting sales with the main GameStop website. Just days earlier, GameStop had reshuffled its leadership […]
'Avengers: Endgame' will stream on Disney+ starting December 11th
[ad_1] The Disney Corporation held its Q2 2019 earnings call on Wednesday, taking the opportunity to announce that Avengers: Endgame, which has passed $2 billion is ticket sales in just 11 days, will arrive as a streaming exclusive to Disney+ on December 11… [ad_2] Source link