EV discounting solely path to offset inventory logjam on sluggish personal gross sales

Personal EV uptake stays sluggish leaving enterprise consumers dominating the all-electric automobile market, based on April figures from the UK manufacturing business whose downgraded forecasts will imply it misses the Authorities’s zero-emissions targets for this 12 months. Even so, electrified automobiles continued to drive market development, based on information revealed by the Society of Motor Producers … Read more

Apple and Samsung dominated international smartphone gross sales in Q1 2024

In a nutshell: Apple and Samsung had been the best-selling smartphone producers within the first quarter of 2024, collectively occupying each spot on Counterpoint Analysis’s newest international high 10 listing. iPhones captured 4 of the highest 5 positions, conceding solely the fifth spot to Samsung’s Galaxy S24 Extremely. On the high of the stack is … Read more

Europe passenger automotive gross sales: the EV cool-down is such a twisted story!

The European Car Producers’ Affiliation (ACEA) publishes month-to-month European passenger automotive registration statistics. Ranging from 2022, these statistics turned extra related as a result of they take into consideration the most important powertrain varieties. I problem you to dive into the numbers and debunk the assertions that EV gross sales are on the snapping point. … Read more

Electrical automotive gross sales document their finest ever begin to a 12 months

Electrical autos recorded their finest ever begin to the 12 months, new information present, as extra individuals look to develop into extra environmentally pleasant. Some 17 per cent of latest automotive gross sales had been electrical between January and April this 12 months, pushing gross sales over 100,000 in 2024, in keeping with New AutoMotive, … Read more

Synthetic intelligence might rev up Apple’s iPhone gross sales

Apple — and traders — want to synthetic intelligence to extend shopper and enterprise curiosity in its choices, notably in iPhone, but additionally in Mac, iPad, Apple Watch, HomePod, Apple TV, and Imaginative and prescient Professional. Ben Glickman for The Wall Avenue Journal:‎ Analysts are more and more optimistic that Apple’s nascent AI choices, which … Read more

Apple Q2 2024 earnings: Analysts’ expectations exceeded however iPhone gross sales down

Apple on Thursday introduced its second quarter 2024 earnings, posting income of $90.8 billion for the quarter, a 4 % decline yr over yr, and quarterly earnings per diluted share of $1.53, which is one cent greater than final yr. The corporate reported $23.6 billion in revenue. Apple beat the analysts’ predicted income of $90 … Read more

Apple’s income drops, web gross sales of iPhone and iPad plunge

Apple reported quarterly income of $90.8 billion, which was down 4% yr over yr, because it famous a drop within the web gross sales of iPhones, iPads, and wearables up to now one yr. Whereas it surpassed low expectations, Apple introduced a file $110 billion inventory buyback. In the meantime, its income from iPhone … Read more

AI iPhones might brighten up Apple gross sales

Unlock the Editor’s Digest at no cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. Till now, Apple chief govt Tim Prepare dinner has been slightly reluctant to speak about synthetic intelligence. Throughout firm earnings calls he would solely proffer obscure statements about considerate funding. On Thursday, Prepare dinner … Read more

Apple’s China iPhone Gross sales Draw Focus Earlier than Earnings

Barclays expects weak iPhone gross sales Channel checks at Barclays counsel “barely higher” iPad and Mac revenues will assist offset weak iPhone income, in accordance with a current observe. The agency stated Wall Road estimates for Apple are too excessive, with analysts underestimating the continuing weak spot in China. “Our newest checks additionally point out … Read more