Aetna will give some customers and employees discounts on Apple's smartwatch, offering the potential that incentives from the insurance industry could boost sales of the technology giant's wearable device.
Samsung said on Sunday that it would be delaying the restart of sales in the country by three days until October 1st. The reason is apparently that the company needs more time and stock to speed up the completion of the recall in the country. The problem also seems to be compounded by the fact that Samsung believes the return of regular sales will cause a decline in the number of customers returning their phones.
The sales come as Samsung is recalling its flagship Galaxy Note 7 phone after reports of fires caused by faulty batteries.
T-Mobile CEO John Legere said iPhone 7 preorders hit record levels, totaling almost four times more that the prior record holder, the iPhone 6 in 2014.
With so many iPhones in use, the combination of replacement sales, adjunct sales (such as its Watch, which currently needs an iPhone to function) and services - its newest focus - has enough momentum to keep Apple profitable.
Better-than-expected demand for Samsung Electronics' new Galaxy Note 7 is causing supply constraints globally, the South Korean tech giant said on Wednesday, suggesting strong initial sales for the new premium smartphone.
Xiaomi is preparing to enter the US smartphone market "in the near future," employing the same online sales and social media marketing tactics that helped the six-year-old startup become China's largest privately funded startup.
Embattled chip vendor Marvell Technology reported a loss on declining sales for its fiscal second quarter in a belatedly filed financial report made Wednesday (July 27).
Samsung is rumored to be in exclusive talks with Apple about OLED supply, and could be set to ship panels as soon as 2017. LG will presumably miss out on supplying OLED screens for 2017 iPhones, but could be in a position to join the supply chain for 2018.
After a strong 2H16, TSMC's growth could slow in 2017 (JPMe 4% sales growth), due to already 100% share in iPhone 7 and lack of further customer traction at 10nm, said JP Morgan analyst Gokul Hariharan.
Nokia and Samsung have expanded their patent cross-licensing deal, leading Nokia to anticipate a significant boost to its licensing sales.
While we know nothing official about the next iPhone -- currently expected to be called the iPhone 7 -- all rumors and leaks suggest that it's going to be a pretty mediocre upgrade. But pent-up demand for a new iPhone from the two-thirds of owners who, by the time the new iPhone launches will be running hardware that's two or more years old, might buoy sales.
Samsung Electronics expects to post its most profitable quarter in more than two years because of strong sales of its flagship S7 line of smartphones.
Apple's low-cost iPhone SE appears to be cannibalizing sales of more expensive handsets, including the flagship iPhone 6S, says Nomura Securities.
Investor's Business Daily
The intellectual property tribunal said the iPhone 6 and 6 Plus looked too similar to the 100C model made by Shenzhen Beili, a small Chinese brand.
Although Skyworks posted revenue growth, it missed the estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.
Sluggish sales of Apple's iPhones are starting to hit Sony's bottom line, with the electronics company warning Tuesday that it expects the business that makes components for smartphones to post a wider operating loss.
Wall Street Journal
Amidst a phase of double-digit growth, Infineon reported a major reshuffle of its management board. Arunjai Mittal, responsible for the chipmaker's strategy development, sales and marketing, announced plans to leave the company. At the same time, the company announced to increase the top-level body from three to four members.
Although Skyworks posted revenue growth, it missed analysts' estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.
Bosch said revenue rose 44% to an all-time high of EUR70.6 billion ($79.9 billion) last year helped by sales of car safety and assistance systems but cautioned that momentum had slowed at the start of 2016.
Though Xilinx beat FQ4 estimates, it's guiding for FQ1 revenue to be roughly flat relative to FQ4's $571.1M. That implies sales will miss a $578.7M consensus.
Buoyed by strong sales of automotive chips and improved sales of devices for communications and industrial equipment, Texas Instruments Wednesday (April 27) reported higher than expected first quarter sales and profit and delivered a forecast for the second quarter that was within range of Wall Street's estimates.
Samsung Electronics said on Thursday that its first-quarter operating profit rose 12% from a year earlier, propelled by strong initial sales for its flagship Galaxy S7 smartphones.
Apple loves to brag about sales figures for all of its devices except one - the Apple Watch. When to comes to this device, Apple executives all clam up, claiming that to divulge sales figures for this device would somehow give its competitors some valuable information. So in the absence of official figures, analysts are left to fill that information vacuum, and the consensus is that sales are bad.
ASML forecast rising sales for this quarter, while predicting pressure on earnings as the introduction of new technology boosts costs.
TCL's net profit fell 92% on year to HK$14.25 million in the first quarter of 2016 as sales in China shrank sharply during its ongoing business transition. Revenue for the period fell 17 per cent, it said in a regulatory filing.
South China Morning Post
The improved outlook comes amid reports of strong sales of its latest flagship smartphone models, the Galaxy S7.
Multiple reports indicate Samsung's Galaxy S7 and S7 Edge are seeing stronger-than-expected initial sales.
The Samsung Galaxy S7 and S7 Edge have been on sale in global markets for a little while now, giving analysts just enough time to make some early predictions about how they expect the handsets to perform. Their data suggests that the new smartphones have registered healthy sales across the globe so far, boosting hopes of a turnaround in Samsung's mobile profits.
In 2015, the Bosch Group recorded sales of over 70 billion euros for the first time, according to preliminary figures. The company succeeded in increasing revenue by approximately 10% last year. Earnings also further improved.
STMicroelectronics said it will shut down its set-top-box chip business and eliminate or redeploy 2,000 jobs as Chief Executive Officer Carlo Bozotti seeks to cut losses at the unprofitable unit. Shares of Europe's biggest semiconductor maker jumped.
South Korea's No. 2 mobile carrier KT has suspended selling China-based Xiaomi's smartphone, industry sources said Wednesday, only two days after it started sales.
The Korea Times
Samsung Securities said on Dec. 13 that it trimmed Samsung Electronics' operating profit forecast for the fourth quarter by KRW300 trillion (US$253.91 million) to KRW6.8 trillion from the previous KRW7.1 trillion (US$6.01 billion) estimate due to sluggish sales in its component business.
Goldman estimates TSMC's Apple InFO business would take away only 2% of ASE's sales.
Applied Materials, the largest maker of machinery used to produce computer chips, rose the most since August after giving a first-quarter forecast that may meet analysts' estimates as orders from chipmakers showed signs of improvement.
US retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth.
One of the greatest risks to Apple's iPhone and iPad sales is its ability to secure enough DRAM (at a reasonable cost) when the inevitable shortage occurs in the future.
The investment firm has lowered its estimates for the component suppliers to Apple, in the wake of disappointing feedback regarding iPhone 6s sales from carrier surveys.
Net income in the period ended September 3 fell to US$471 million, or 42 cents a share, from US$1.15 billion, or 96 cents, a year earlier.