Posts tagged as: sales

RIM quarterly report shows optimism, investors savvy with the performance until BB10 launch

Research in Motion was up in the stock market on Wednesday afternoon after it released the second quarter report. The second fiscal term, ended September 1, showed optimistic view of the company compared to year-earlier quarter. Although the company announced a loss in EPS of 27 cents a pop, it was better than the 40-cent […]

Red Hat releases quarterly report, shares down 2.6 percent in the afterhours

Red Hat, Inc. shares were down 2.6 percent in the afterhours trading Monday after the company released the report on second quarter ended August 31. Red Hat missed on the analyst estimates by a penny on earning per share. The report was bittersweet for investors as the EPS lagged behind both last year’s earning and […]

Tesla lowers 2012 sales amid supply chain issues

Electric car maker Tesla lowered its sales expectations for 2012 after the supply chain issues remained mainly unsolved. Tesla makes plug-in electric vehicles mostly sports cars and now a luxury sedan called Model S. However, due to a demand of more sophisticated and mostly customized components, the supply chain has been disrupted, which eventually has […]

5 Million unit sales for Apple is promising, previous estimates were unrealistic, say experts

Apple’s new smartphone, the iPhone 5, has received mixed reviews from experts at Wall Street. Though the handset is quite an elegant piece of electronics, its new Maps app has been lacklustre and the debut sales did not go as planned. Prior to the release at retail stores, analysts expected iPhone to sell in tune […]

Apple misses initial sales figures over the weekend, down in the stock market

Apple shares were down Monday for the first time in eight days after the company released report on first weekend of iPhone 5 sales. Apple sold 5 Million units of the handset in three days after it broke the ice on Friday at Apple retail stores. The analysts had expected more sales from the smartphone […]

Apple shares cross 700 dollar mark on the release of iPhone in stores

Apple is running a hot streak. First the court case win on the legal grounds and now customer confidence win the market. The company set a new trend of all-time highs five days running and after a break of one day it hit another record high in the stock market. The shares were at $700.07 […]

Western Digital and Seagate lower their revenue expectations for the current quarter

Western Digital and Seagate Technology announced their expectations for the current quarter ending September 30. Both companies lowered their estimations on sales and shipments due to lack of demand in global market. Western Digital and Seagate are the suppliers of hard disc drives to PC makers and also sell the storage products as standalone sells. […]

Apple’s LTE-supportive iPhone 5 outlines new game plans among US-carriers

Apple’s new iPhone 5 will spring a cut throat competition in the US, where wireless carriers are going one another tooth and nail. The new handset fresh from Cupertino has 4G LTE wireless technology support and the likes of AT&T, Sprint Nextel and Verizon Wireless are marketing their services to be superior. Although the main […]

Apple investors brace for more turbulence

(Reuters) – Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble territory and was […]

Apple tactics in China iPad deal unusual: experts

(Reuters) – Proview Electronics, the firm trying to stop Apple Inc from using the iPad name in China, has a plausible claim over the unusual methods Apple used to conceal its identity when attempting to acquire Proview’s trademarks, according to several legal experts. But Apple also has some strong defenses against a lawsuit Proview filed last […]

Mobile phone sales fell 10% in Spain, still highest in EU

The economic crisis in Europe affected at all levels of consumption in the continent, including mobile telephony. The handset sales in 2011 registered its first significant drop since the start of the recession, a decline in sales of 10% over the previous year. But the proportion of so-called smartphones or high-end phones increased by 30%, […]

Sunny Leone tops Indian porn movie sales

Sunny Leone tops Indian porn movie sales The Indo-Canadian porn star, Sunny Leone, might have not won the ‘Bigg Boss 5’ reality show but she is certainly raking in a lot of money in India. As per the reports from the distributors, the Indian grey markets are fully flooded with the pirated CDs and DVDs […]


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