Garmin Admits Profit Will Drop In 2020
Garmin Australia who last reported a $4.4 million profit on revenues of $176 million are facing several challenges including Coronavirus supply issues... Read More
Global Data Highlights Top Trends & Concerns For Consumer Electronics
A major concern for consumer electronics companies continues to be the impact on sales, profits and supply-chains as a result on the... Read More
Qualcomm Plays Down Expectations For Sales Growth, Despite 5G Rollout
Qualcomm Inc. has played down expectations for sales growth next quarter, claiming the profits from the introduction of smartphones capable of using... Read More
Disney+ Subscribers & Profit Boom Ahead Of Expectations
In New York, Walt Disney’s new streaming service Disney+ has reached 26.5 million paid subscribers by the end of 2019, surpassing expectations... Read More
‘Counterfactual Disclosure?’ Myer Shareholders Did Not Suffer Loses
Myer shareholders won’t be taking home any extra cash today after the Federal Court ruled they did not suffer any financial loss... Read More
Flogged Greenlit Attempts Come Back With $1 Billion Offer
Greenlit Brands, who reported a near half million annual loss yesterday, is understood to be in the works for a public offering... Read More
Switch Lite Sells 1.95m Units In 11 Days
Nintendo has blown away analyst expectations and doubled its profits from a year ago based on the strong debut of the gaming... Read More
Microsoft Tops Projections Despite Slowing Sales
Microsoft has topped Q1 analyst projections, posting double-digit gains in sales and profits thanks to solid earnings in Azure cloud programs and... Read More
Hisense Profits Fall As They Come Under Pressure In TV Market
Hisense Australia, who have been under pressure in the TV market due to falling margins has reported a slump in profits despite... Read More
Samsung Expects Q3 Profits To Drop 56%
Samsung has reported that due to the downturn in global memory chip prices, the company is expecting its third-quarter operating profit to... Read More