sales

Foxconn Posts Record Profit Despite First-Ever Sales Decline

For the first time since it went public in 1991, Foxconn reported a year-on-year decline in revenue in 2016 that it attributed to weaker demand from Apple, according to a new report from the Wall Street Journal. The company’s revenue fell 2.81 percent in the year despite a 9.76 percent year-on-year increase in December. Foxconn’s decline in annual...

BlackBerry Smartphone Market Share Has Reached 0%: Gartner

According to a new report from Gartner, BlackBerry is now capturing 0.0 percent of the worldwide smartphone market. The report notes that Apple has just passed Samsung as the world's top smartphone seller. Gartner shows Canadian smartphone company BlackBerry, once the king of the mobile phone crowd, is now taking in 0.0481 percent of the...

Pokemon Go Reaches $250 Million in Revenue Since its Launch

According to a new report from the Financial Times, the creators of Pokemon Go have earned more than $250 million in revenue since the game launched. The report suggests that the game will eventually reach $1 billion in sales. Niantic claims that every one in five players makes an in-app purchase in the game, according...

Apple Stock Dips on Reports of Slowing iPhone Growth

Apple’s stock price suffered a sudden drop amid reports that the company had reduced iPhone production for the next quarter. The exclusive report from the Japanese Nikkei claims that Apple made that decision in the light of slowing iPhone sales (via Business Insider). Ever since the iPhone 6s and 6s Plus were launched, various reports have...

Apple Watch Sales Expected to Reach 12M in 2015

According to analyst Daniel Ives of FBR & Coby, Apple is predicted to ship 6 million Apple Watch units in the three-month holiday shopping period, with the total Apple Watch sales reaching 12M since its launch in April 2015, AppleInsider reports. While Apple has not yet revealed specific sales figures for the Apple Watch, it has however...

Apple Watch Already Generates More Revenue Than Microsoft Surface

In a statement made to the Associated Press, Apple CFO Luca Maestri suggested that the revenue from the Apple Watch amounted to well over the $952 million increase between the second and third quarter of 2015. “Some analysts noted that Apple reported $2.6 billion in revenue from the company’s “Other Products” segment, which includes the...

How to Estimate the First Apple Watch Sales Figures

While iPhone figures carry the highest priority in Apple's quarterly earnings call (scheduled for today after the markets close), today marks the first time the company will report on Apple Watch sales. Given the fresh launch of its wearable, all eyes are on Apple's report and hints at possible sales figures. Don't expect Apple to...

Nuclear Deal Means Apple Could Soon Sell Products in Iran

Today, U.S. President Obama announced a deal with Iran to curb the country’s nuclear capabilities in exchange for lifting sanctions on the country. This is a move that could open the door for some U.S. businesses. According to a report from The Wall Street Journal, Apple and several other companies have been in touch with...