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Apple Forecasts Strong Sales Growth as iPhone Demand in Asia Rebounds
Apple said Thursday it expects revenue growth of up to 16 percent in the March quarter, exceeding forecasts on strong iPhone demand, a rebound in China, and faster momentum in India. The outlook follows a holiday-quarter earnings beat, with CEO Tim Cook describing demand for the latest iPhones as “staggering,” easing worries of a prolonged hard...
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iPhone Air Production Reportedly Remains Unchanged Amidst Speculation of Manufacturing Cuts
A new TD Cowen investor note contradicts earlier claims that Apple is cutting iPhone Air production. The firm reports that Apple’s plans remain unchanged, with 3 million units set for Q3 2025 and 7 million for Q4 2025, while overall iPhone 17 builds are projected at 54 million and 79 million, respectively. TD Cowen notes that production adjustmen...
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Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
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Tariffs Aren't Keeping Walmart From Attracting Shoppers And Outpacing Target
Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.
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EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
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Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery
Apple has forecast relatively strong sales growth as the firm approaches AI more cautiously than many of its peers. Despite the AI rollout stumbles, Apple's overall sales and profits were boosted by stronger-than-expected sales in its fiscal first quarter of iPads and Macs, where new chips helped persuade customers to upgrade.
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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
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Heineken Beer Sales Increase But Hazy Days Ahead
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.
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Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
-
Apple Forecasts Strong Sales Growth as iPhone Demand in Asia Rebounds
Apple said Thursday it expects revenue growth of up to 16 percent in the March quarter, exceeding forecasts on strong iPhone demand, a rebound in China, and faster momentum in India. The outlook follows a holiday-quarter earnings beat, with CEO Tim Cook describing demand for the latest iPhones as “staggering,” easing worries of a prolonged hard...
-
iPhone Air Production Reportedly Remains Unchanged Amidst Speculation of Manufacturing Cuts
A new TD Cowen investor note contradicts earlier claims that Apple is cutting iPhone Air production. The firm reports that Apple’s plans remain unchanged, with 3 million units set for Q3 2025 and 7 million for Q4 2025, while overall iPhone 17 builds are projected at 54 million and 79 million, respectively. TD Cowen notes that production adjustmen...
-
Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
-
Tariffs Aren't Keeping Walmart From Attracting Shoppers And Outpacing Target
Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.
-
EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery
Apple has forecast relatively strong sales growth as the firm approaches AI more cautiously than many of its peers. Despite the AI rollout stumbles, Apple's overall sales and profits were boosted by stronger-than-expected sales in its fiscal first quarter of iPads and Macs, where new chips helped persuade customers to upgrade.
-
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
-
Heineken Beer Sales Increase But Hazy Days Ahead
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.
-
Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
