Items tagged with Sales

China is a big place. Not only that, but a huge market. Apple products have become all the rage over there, and based on Apple's latest quarterly earnings, it's seeing a huge amount of profits come from that nation. Clearly, it's a priority for Apple to sell as many wares as possible there, and finally, the 'new iPad' will be launching in China. Starting July 20, those in China will be able to grab the Retina-equipped iPad that has long since been available in many other nations. Why so late? There was a spat between Apple and Proview over naming rights and other such legalese, but evidently that's... Read more...
It's really not a great time to be in retail consumer electronics sales. Or maybe it's just not a great time to be Best Buy. The United States' largest consumer electronics retailer hasn't had a great year, with its CEO stepping away and sales / profits sliding. Now, it's taking measures to ensure that it doesn't slip too far behind, and that's bad news for select employees. The company has just confirmed a 1.4% employee cut, representing 2,400 jobs. This is following the company's announcement that it would have to close 50 lower performing stores in the U.S. Best Buy will cut 600 of those jobs... Read more...
Things are looking good for Samsung -- really good, actually. The latest reports in the world of mobile make no bones about it: Apple and Samsung are eating up profits in the smartphone world, and at least in terms of sheer moneymaking, it's a two-horse race here. Apple's clearly doing well, and has been for years, but now reports are suggesting that Samsung could be ready to post a "record quarterly profit" on Galaxy Phone sales. The Galaxy line of smartphones, from low-end to high-end, have become hugely popular all over the world, and are quickly becoming one of the faces of Android. Reportedly,... Read more...
Samsung has a goal of selling 10 million Galaxy Note devices by the end of this year. It's only March, and the manufacturer is already half way to reaching that goal. Near the end of February, Samsung confirmed that it had sold more than 2 million Galaxy Notes worldwide. Just one month later, Samsung claims sales have reached 5 million units. When we reviewed the Samsung Galaxy Note, we found a lot of features that we really liked about the device. The biggest drawback to us was the fact that its large size made us feel awkward holding it to our ear like a phone. The pen technology and added features... Read more...
Apple this week announced it sold more than three million new iPad devices since its launch on Friday, March 16 through Monday, March 19, an impressive figure that proves there's still a rabid fan base for these things. The new iPad's big new feature is its Retina display, one of the main points of emphasis along with adding support for 4G LTE. Apple also touted the new A5X processor, which is still a 1GHz dual-core CPU but with quad-core graphics, and improved 5MP "iSight" (rear-facing) camera. "The new iPad is a blockbuster with three million sold?the strongest iPad launch yet," said Philip Schiller,... Read more...
Samsung's rolling in the dough after posting a profit of 5.3 trillion won in 2011, or $4.73 in U.S. currency, representative of a staggering 79 percent year-on-year growth rate. Smartphone sales have been for key for Samsung, and despite ongoing litigation with Apple over patent infringement claims, Samsung's shipped more mobile phones in 2011 than Apple did iPhones, according to data by IHS iSuppli. "Despite intensified competition amid the global economic slowdown, our Telecommunications businesses continued to post solid earnings with an enhanced line-up of high-end smartphones, resulting in... Read more...
If there were any lingering doubts about Apple CEO Tim Cook being capable of keeping the momentum going that Steve Jobs initiated before his untimely death, go ahead and toss them out the window. Apple last night announced quarterly revenue of $46.33 billion and quarterly net profit of $13.06 billion, both record numbers for the Cupertino outfit and up from $26.74 billion and $6 billion (respectively) in the same quarter one year prior. It doesn't stop there. Apple acted like the Incredible Hulk locked in a record store and the only way out is to Hulk-smash records. The company sold 37.04 million... Read more...
Yikes! On a day already filled with wild mobile news (AT&T and T-Mobile breaking up, anyone?), here comes another bombshell. The International Trade Commission has just ruled in favor of Apple in a patent dispute with HTC. The result? A ban on select HTC phones imported in the U.S. The decision reportedly stated that "HTC violated two claims tied to Apple patents and that the ban will take effect next April. However, HTC will be allowed to import some products in order to fulfill repair claims on phones that have already been purchased, and can have the ban lifted if the company shows it has... Read more...
Cooling their jets? No way. While pundits were quick to declare Apple's iPhone 4S as nothing more than a rehashed iPhone 4 with a few new tricks, the general populace hardly sees it that way. While the company has sold 1+ million phones on opening weekends before, they've never moved this many. After a weekend's worth of sales, Apple announced that 4 million of their new 4S phones were sold. Yes. 4 Million. With an "M." That's more than a little crazy when you consider the realities surrounding this launch. It took well over a year to get the 4S onto shelves, and just about everyone following Apple... Read more...
According to a London-based analyst with research firm Strategy Analytics, which itself is based in Boston, MA, Samsung may have sold more smartphones than both Nokia and Apple globally in Q2. The analyst, Neil Mawston, claimed in an e-mail response that Samsung sold an estimated 18 to 21 million smartphones this past quarter due to Samsung’s strong worldwide market presence and demand for Android-based devices. Sales data in a Bloomberg story outlining Mawston’s response suggests Nokia sold roughly 16.7 million units in the same time frame, to Apple’s 20.3 million. Using... Read more...
Previously, we told you that analysts were expecting Motorola to report weak sales of its new Xoom tablet.  Now, the official numbers are out, and they're not as bad as some analysts predicted. In fact, during its first-quarter earnings report, Motorola said it shipped 250,000 Xoom tablets in the first month the device was available. The tablet, which was the first to ship with Google's Android Honeycomb OS, went on sale in late February. Although Motorola's sales numbers may not compare to Apple's initial numbers when shipping the iPad, the sales numbers for the Xoom are respectable. Over... Read more...
AT&T may not be one with T-Mobile USA yet, and they may be battling Verizon Wireless for iPhone 4 domination, but that's apparently not stopping the company from dominating on the financial front. The carrier just announced their most recent quarterly earnings, and they're extremely impressive. They saw a 10.2% revenue growth in the wireless sector, along with record net additions and smartphone sales. They managed to beat expectations in most regards, with consolidated revenues of $31.2 billion representing an uptick of over $700m compared to a year ago. AT&T also saw their best-ever Q1... Read more...
It may strike some of you as shocking, but it's really not too much of a surprise: more smartphones were sold in the last quarter than actual PC computers. Even three years this would have been a huge, huge deal, but these days? Smartphones are everywhere, and they're still becoming more and more important and in-demand. PCs, meanwhile, aren't nearly as "hot" of an item, and many people are learning that they can delay new PC purchases and continue using the machine they already own to check email, check up on news and compose Word documents. Phones, however, are more like an accessory. Something... Read more...
It's hard to compete against Apple. A few years back, SanDisk's CEO stated that no one could "out iPod the iPod," and to this day, everyone that has tried hasn't succeeded. Even Microsoft has let the Zune family die down, despite spending tons of cash marketing it as a major iPod competitor. Apple has just been on fire over the last decade, and hardly anything from Cupertino has been more successful than iTunes. It didn't take long for iTunes to trump Wal-mart as America's largest seller of music, and now that it is expanded internationally, who knows what record iTunes will grab next. It's clear... Read more...
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