Apple will shift a quarter of its iPhone production to India in the next two to three years, according to a Wall Street Journal report. That means that more than 50 million iPhones a year will be built in India. China will remain by far the biggest iPhone producer in the world, but Apple is […]
Read MoreWhat you need to know NVIDIA is one of the biggest graphics card manufacturers in the world. During the company’s latest financial report, it announced that it brought in revenues of $13.51 billion for Q2 2023. This 101% revenue increase YOY for Q2 is mainly due to its generative AI GPU products. The American technology […]
Read MoreApple today held its third earnings call of 2023, covering the second calendar quarter of the year. During the call, Apple CEO Tim Cook and Apple CFO Luca Maestri shared tidbits on recent product sales, services results, future plans, and revenue impacts. We’ve highlighted the most interesting parts of the call below for those who […]
Read MoreBoth TSMC and Samsung Foundry appear to have lost some semiconductor revenue in the first quarter of 2023, but even so, the balance between the two market leaders has shifted in favor of TSMC. Market researchers at TrendForce estimate that Samsung Foundry’s market share stood at 12.4% n Q1 2023, down from 15.8% in the […]
Read MoreApple today announced financial results for its second fiscal quarter of 2023, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $94.8 billion and net quarterly profit of $24.1 billion, or $1.52 per diluted share, compared to revenue of $97.3 billion and net quarterly profit of $25.0 […]
Read MoreSamsung announced its Q1 2023 earnings today and the results aren’t that impressive. The company has posted its lowest profit in 14 years as its chip division struggled and lost $3.4 billion. The company’s mobile division did better, though, posting a 3% operating profit increase compared to the same period last year. Samsung has given […]
Read MoreApple plans to release a new MacBook Air series in the second quarter of 2023, according to Taiwanese supply chain publication DigiTimes. “The first quarter of 2023 is expected to see Apple’s MacBook shipping low, but the second quarter will see the release of a new MacBook Air series, according to industry sources,” reads a […]
Read MoreApple’s rumored 27-inch external display with mini-LED backlighting is no longer expected to launch in the first quarter of 2023, according to display industry analyst Ross Young, who has a very good track record with rumors about future Apple products. Young today informed MacRumors that he has not seen any signs of the display entering […]
Read MoreApple today held its first earnings call of 2023, which covers the fourth calendar quarter of 2022. During the call, Apple CEO Tim Cook and Apple CFO Luca Maestri shared several interesting tidbits about recent product sales, services results, and more, and we’ve highlighted the most interesting parts of the call below. AI On the […]
Read MoreSony has finally resolved the supply issues for the PlayStation 5 and the proof is in the pudding – or rather its financial report for the last three months of 2022. The company sold 7.1 million PS5 consoles, a massive increase from the 3.9 million it managed a year prior. This boosted the Games & […]
Read MoreThe IDC Smartphone Tracker reported a pretty subpar record of worldwide smartphone shipments for Q4 2022 as the market contracted by 18.3% to 300.3 million shipments. All five major brands faced double-digit declines on the yearly basis compared to Q4 2021 and the total figure represents the largest quarterly decline. The big Q4 decline in […]
Read MoreWorldwide smartphone shipments suffered their worst quarterly drop on record over the holiday period, according to IDC, and Apple was not immune to the cooling consumer demand amid the global economic downturn. The research firm estimates that Apple shipped 72.3 million iPhones in the December quarter, down year-on-year from 85 million units, representing a 14.9% […]
Read MoreGoogle’s new Pixel 7 and 7 Pro smartphones, along with the Pixel 6a released earlier last year still don’t have 5G support in India, even though they are officially sold there. In Google’s defense, Apple only recently updated its 5G-capable phones to support India’s network and so did Samsung. Still, the search giant is falling […]
Read MoreNo business is immune to the global macroeconomic environment and despite being sufficiently diversified, Samsung isn’t insulated from the challenges either. The company’s recent quarterly results have reflected the challenges that it continues to face in the market. There’s consensus among experts that it’s only going to get worse before it gets better. Samsung is […]
Read MoreThe fourth quarter of 2022 this week becomes the first with no new Mac models in 22 years as previously anticipated devices like the next-generation MacBook Pro and Mac Pro models have apparently been pushed out to 2023. Historically, Apple released at least one new Mac model every year in the fourth quarter that runs […]
Read MoreWhat you need to know The latest Destiny 2 community event, an Eliksni Quarter-themed quest called “A Rising Tide” that aims to improve the location, has been completed by players in a single day. This was possible thanks to a powerful glitch that allows players to get infinite Treasure Coordinates, one of the currencies that […]
Read MoreAmid declining smartphone shipments to India throughout Q3 2022, Samsung closed the gap on Xiaomi and became the only smartphone brand — among the top 5 — to have experienced annual growth. The Korean tech giant also continues to lead combined handset shipments (smartphones + feature phones) in India with an 18% market share. Market research shows that […]
Read MoreSony Group Corporation released its earnings report for thе fiscal quarter ending on September 30 and it reveals the company sold its 25 millionth PlayStation 5 console during the period. Sony reports 3.3 million PS5 console shipments for the July – September period and it expects to sell 18 million units in total for 2022 […]
Read MoreMac revenue is set to take a significant hit in the first fiscal quarter of 2023, Apple CFO Luca Maestri said during today’s earnings call. Maestri was providing guidance on December quarter earnings, and he said that Mac sales will be down year over year next quarter because of the strong December 2021 Max lineup. […]
Read MoreFor the last several years, Apple has not provided breakdowns of the number of iPhones, Macs, and iPads sold, keeping analysts, customers, investors, and others in the dark on exact device sales. This has led analysts to attempt to estimate product shipments, and as the Q3 quarterly Mac numbers confirm, it’s a very inexact process. […]
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