sales
- Technology
Paris-based Ubisoft's stock drops ~15% after the company slashed its forecasts, reported "markedly and surprisingly slower" holiday sales, and delayed games (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times: Paris-based Ubisoft’s stock drops ~15% after the company slashed its forecasts, reported “markedly and surprisingly…
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IDC: global used and refurbished handset sales rose 11.5% YoY to 282M in 2022, predicted to rise to 413.3M after 10.3% compound annual growth until 2026 (Paul Kunert/The Register)
Paul Kunert / The Register: IDC: global used and refurbished handset sales rose 11.5% YoY to 282M in 2022, predicted…
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Sources: Tata Group's WeChat-like super app Neu is expected to generate sales of ~$4B in the year to March 31, missing the $8B goal set at the start of 2022 (Anto Antony/Bloomberg)
Anto Antony / Bloomberg: Sources: Tata Group’s WeChat-like super app Neu is expected to generate sales of ~$4B in the…
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Kuo: Apple canceled the 4th gen iPhone SE, in which it planned to debut its own 5G modems; the cancelation could be due to poor sales of mid-to-low-end phones (Mitchell Clark/The Verge)
Mitchell Clark / The Verge: Kuo: Apple canceled the 4th gen iPhone SE, in which it planned to debut its…
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German grocery delivery app Flink, one of the last independent services, had €400M in 2022 sales and expects to be profitable in 2023; Flink has raised $700M+ (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times: German grocery delivery app Flink, one of the last independent services, had €400M in 2022…
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Report: AMD, Intel, Nvidia, and others are slashing their orders with TSMC, with the contract manufacturer's Q1 2023 sales projected to decrease by 15% QoQ (Anton Shilov/Tom's Hardware)
Anton Shilov / Tom’s Hardware: Report: AMD, Intel, Nvidia, and others are slashing their orders with TSMC, with the contract…
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Huawei has exited "crisis mode" following US restrictions and expects ~$91.5B in 2022 revenue, unchanged from 2021, due to growing telco infrastructure sales (Dan Strumpf/Wall Street Journal)
Dan Strumpf / Wall Street Journal: Huawei has exited “crisis mode” following US restrictions and expects ~$91.5B in 2022 revenue,…
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CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD Group: US sales of VR headsets fell 2% YoY to $1.1B as of early December (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC: CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022;…
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A look at the Central African Republic's decision to adopt bitcoin in September 2021 and launch its own "Sangocoin" currency, which has stalled after weak sales (Ben Hunte/VICE)
Ben Hunte / VICE: A look at the Central African Republic’s decision to adopt bitcoin in September 2021 and launch…
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Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company battles slowing sales from COVID-19 disruptions (Financial Times)
Financial Times: Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company…
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