Q3 2020
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- News
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Meta’s VR Headsets and AI Glasses Cost the Company $4.4 Billion in Q3 2025
Meta posted $56 billion in revenue for Q3 2025, up 26 percent year-over-year, but its Reality Labs division recorded a $4.4 billion loss, despite strong AI glasses sales. The unit, which handles Quest headsets and AR glasses, has now amassed over $70 billion in total losses since 2020, underscoring Meta’s continued struggle to make its metaverse ...
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Maruti Suzuki India's Profit Falls 48% To Rs. 1,011 Crore In Q3 FY2022
Maruti Suzuki India's net profit for the October to November 2021 period stood at Rs. 1,011 crore, compared to the Rs. 1,941 crore profit achieved during the same months in 2020, the company saw a 48 per cent decline in Q3 FY2022 profits.
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Samsung Leads Q3 Global Smartphone Shipments, Apple Beats Xiaomi Amid Market Slowdown: IDC
The latest IDC data suggests that worldwide smartphone shipments declined 6.7 percent year over year. This decline is largely attributed to the supply chain and component shortages faced in the industry. Samsung’s shipments declined from 80.4 million in Q3 2020 to 60.9 million Q3 2021. Its YoY market share reduced from 22.7 percent to 20.8 percen...
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Apple Leads Global Tablet Market in Q1 2021, Basic iPad Models Bestsellers: Counterpoint
Counterpoint claims that while the YoY tablet shipments grew 53 percent globally, it came down by 22 percent from last quarter. The Q4 2020 numbers were significant, and Counterpoint claims that the tablet market reached a five year high during that period. The Q1 2020 period, is said to be off season for tablets.
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Royal Enfield's Parent Company Eicher Motors' Net Profit Skids In FY2021
Royal Enfield sold 6,09,403 motorcycles in the financial year (April 2020 to March 2021), down 13 per cent from 6,97,582 motorcycles sold in FY2020.
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Hero MotoCorp Net Profit Rises 39 Per Cent In Q4 FY21
Hero MotoCorp sold 15 per cent fewer units than the preceding quarter (October to December 2020) with sales of 15.68 lakh two-wheeler units.
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Notebooks Lead Total PC Shipment in India in Q4 2020, Dell Shipped Most Units: IDC
Indian PC market in Q4 2020 grew 27 percent year-on-year (YoY) according to data by International Data Corporation (IDC). Between October and December, 2.9 million PCs were shipped, marking a decline when compared to Q3 2020.
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Vi Unlimited High-Speed Night Data Launched With Rs. 249 and Above Recharge Packs
Vi (Vodafone Idea) has announced unlimited high speed night-time data between 12am and 6am. It is for customers who recharge with unlimited daily data packs of Rs. 249 and above.
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Royal Enfield's Parent Company, Eicher Motors' Net Profit Up 7 Per Cent In Q3 FY2021
For the quarter ended December 31, 2020, total revenue from operations stood at Rs. 2,828 crore, and net profit at Rs. 533 crore.
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Mahindra's Net Profit Grows 42% To Rs. 1,268 Crore In Q3 FY2021
Mahindra & Mahindra (M&M) has released its financial results for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, the company's consolidated net profit stood at Rs. 1,268.23 crore, a massive 42 per cent growth compared to Rs. 891.54 crore profit registered by M&M during in Q3 FY2020.
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PlayStation 5 Sales Reached 4.5 Million in 2020, Sony Reports 20 Percent Increase in Profits
Sony sold 4.5 million PlayStation 5 units till December 31, 2020. The company shared its financial report for Q3 2020 wherein it reported 20 percent increase in profits in Q3 2020, compared to Q3 2019.
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Maruti Suzuki India's Net Profit Grows 24% To Rs. 1,941 Crore In Q3 FY2021
Maruti Suzuki India, the country's largest car manufacturer, has released its financial results for the third quarter of Financial Year 2020-21 (Q3 FY21). In the quarter that ended with December 31, 2020, the company's net profit stood at Rs. 1,941 crore a good 24.1 per cent growth compared to the same period last fiscal year, when it registered a ...
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Reliance Jio Added 25.1 Million Customers in Q3, APRU Increased to Rs. 151
Reliance Jio added 25.1 million customers in the Q3 ending December 31. The company released its financial performance report for wherein it shared a churn rate of 1.63 percent was caused by continuing impact of COVID-19 and malicious campaigns against the company.
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Apple, Xiaomi Lead Q3 as TWS Segment Becomes Top Driver of Wearable Growth in 2020: Counterpoint
The Counterpoint report predicts that the annual TWS shipments are expected to grow 83 percent to 238 million units, while smartwatches will weather subdued category spending to increase two percent to tip the 100-million mark.
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Xiaomi, 8 More Chinese Companies Blacklisted by US Government Over Alleged Military Links
The US government has blacklisted Chinese smartphone maker Xiaomi and China’s third-largest national oil company CNOOC for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
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Meta’s VR Headsets and AI Glasses Cost the Company $4.4 Billion in Q3 2025
Meta posted $56 billion in revenue for Q3 2025, up 26 percent year-over-year, but its Reality Labs division recorded a $4.4 billion loss, despite strong AI glasses sales. The unit, which handles Quest headsets and AR glasses, has now amassed over $70 billion in total losses since 2020, underscoring Meta’s continued struggle to make its metaverse ...
-
Maruti Suzuki India's Profit Falls 48% To Rs. 1,011 Crore In Q3 FY2022
Maruti Suzuki India's net profit for the October to November 2021 period stood at Rs. 1,011 crore, compared to the Rs. 1,941 crore profit achieved during the same months in 2020, the company saw a 48 per cent decline in Q3 FY2022 profits.
-
Samsung Leads Q3 Global Smartphone Shipments, Apple Beats Xiaomi Amid Market Slowdown: IDC
The latest IDC data suggests that worldwide smartphone shipments declined 6.7 percent year over year. This decline is largely attributed to the supply chain and component shortages faced in the industry. Samsung’s shipments declined from 80.4 million in Q3 2020 to 60.9 million Q3 2021. Its YoY market share reduced from 22.7 percent to 20.8 percen...
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Apple Leads Global Tablet Market in Q1 2021, Basic iPad Models Bestsellers: Counterpoint
Counterpoint claims that while the YoY tablet shipments grew 53 percent globally, it came down by 22 percent from last quarter. The Q4 2020 numbers were significant, and Counterpoint claims that the tablet market reached a five year high during that period. The Q1 2020 period, is said to be off season for tablets.
-
Royal Enfield's Parent Company Eicher Motors' Net Profit Skids In FY2021
Royal Enfield sold 6,09,403 motorcycles in the financial year (April 2020 to March 2021), down 13 per cent from 6,97,582 motorcycles sold in FY2020.
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Hero MotoCorp Net Profit Rises 39 Per Cent In Q4 FY21
Hero MotoCorp sold 15 per cent fewer units than the preceding quarter (October to December 2020) with sales of 15.68 lakh two-wheeler units.
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Notebooks Lead Total PC Shipment in India in Q4 2020, Dell Shipped Most Units: IDC
Indian PC market in Q4 2020 grew 27 percent year-on-year (YoY) according to data by International Data Corporation (IDC). Between October and December, 2.9 million PCs were shipped, marking a decline when compared to Q3 2020.
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Vi Unlimited High-Speed Night Data Launched With Rs. 249 and Above Recharge Packs
Vi (Vodafone Idea) has announced unlimited high speed night-time data between 12am and 6am. It is for customers who recharge with unlimited daily data packs of Rs. 249 and above.
-
Royal Enfield's Parent Company, Eicher Motors' Net Profit Up 7 Per Cent In Q3 FY2021
For the quarter ended December 31, 2020, total revenue from operations stood at Rs. 2,828 crore, and net profit at Rs. 533 crore.
-
Mahindra's Net Profit Grows 42% To Rs. 1,268 Crore In Q3 FY2021
Mahindra & Mahindra (M&M) has released its financial results for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, the company's consolidated net profit stood at Rs. 1,268.23 crore, a massive 42 per cent growth compared to Rs. 891.54 crore profit registered by M&M during in Q3 FY2020.
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PlayStation 5 Sales Reached 4.5 Million in 2020, Sony Reports 20 Percent Increase in Profits
Sony sold 4.5 million PlayStation 5 units till December 31, 2020. The company shared its financial report for Q3 2020 wherein it reported 20 percent increase in profits in Q3 2020, compared to Q3 2019.
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Maruti Suzuki India's Net Profit Grows 24% To Rs. 1,941 Crore In Q3 FY2021
Maruti Suzuki India, the country's largest car manufacturer, has released its financial results for the third quarter of Financial Year 2020-21 (Q3 FY21). In the quarter that ended with December 31, 2020, the company's net profit stood at Rs. 1,941 crore a good 24.1 per cent growth compared to the same period last fiscal year, when it registered a ...
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Reliance Jio Added 25.1 Million Customers in Q3, APRU Increased to Rs. 151
Reliance Jio added 25.1 million customers in the Q3 ending December 31. The company released its financial performance report for wherein it shared a churn rate of 1.63 percent was caused by continuing impact of COVID-19 and malicious campaigns against the company.
-
Apple, Xiaomi Lead Q3 as TWS Segment Becomes Top Driver of Wearable Growth in 2020: Counterpoint
The Counterpoint report predicts that the annual TWS shipments are expected to grow 83 percent to 238 million units, while smartwatches will weather subdued category spending to increase two percent to tip the 100-million mark.
-
Xiaomi, 8 More Chinese Companies Blacklisted by US Government Over Alleged Military Links
The US government has blacklisted Chinese smartphone maker Xiaomi and China’s third-largest national oil company CNOOC for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
