iPhone SE Refresh to Launch in India First, Q1 2018 Release Expected: Report

iPhone SE, the 4-inch smartphone Apple released last year for emerging markets like India, may see a refresh early next year, according to a report that cites the company’s supply chain. The report adds that India will be the first market to receive the new iPhone SE before it is made available more broadly, and it will be manufactured […]

ITC’s cigarettes business lit up Q1 results but cess hike a wet blanket

ITC Ltd’s June quarter results give an idea of what might have been had the government not sharply hiked the cess on cigarettes. Cigarette sales rose by 6.6% from a year ago, while this segment’s profit rose by 9%. This was in a period when destocking by dealers led to most consumer companies reporting lower […]

PC Shipments Drop 9.6 Percent in Q1, Gartner Reports

Bad times continue for desktop computers. According to a recent Gartner report, worldwide personal computer shipments fell 9.6 percent to 64.8 million units in the first quarter of 2016. Mikako Kitagawa, principal analyst at Gartner explained, “The deterioration of local currencies against the U.S. dollar continued to play a major role in PC shipment declines. […]

PC Shipments Drop 9.6 Percent in Q1, Gartner Reports

Bad times continue for desktop computers. According to a recent Gartner report, worldwide personal computer shipments fell 9.6 percent to 64.8 million units in the first quarter of 2016. Mikako Kitagawa, principal analyst at Gartner explained, “The deterioration of local currencies against the U.S. dollar continued to play a major role in PC shipment declines. […]

Facebook Q1 Shows Massive 52 Percent Growth Year Over Year

Skeptics expecting the Facebook success story to end will have to wait. The company reported a 52 percent revenue growth and tripled its quarterly profits in the first three months of 2016. Facebook’s impressive growth coincides with Apple’s drop in sales for the first time in 13 years this quarter. What’s also interesting is that […]

Alibaba reports soar in sales Q1 2016, Its fastest growth in a 12 months

chinese language e-commerce massive Alibaba’s revenue surged 39 percentage yr-on-yr inside the firstthree months of 2016, the organization stated Thursday, its fastest boom inside the last four quarters. sales hit CNY 24.18 billion ($3.75 billion or kind of Rs. 24,942 crores) for the three months to March, it saidin its quarterly results assertion, defying both […]

TSMC Sees Drop in Q1 Profits Due to Delayed Shipments

Top chipmaker Taiwan Semiconductor Manufacturing on Thursday reported a plunge in quarterly profits after a powerful earthquake delayed shipments, and slashed its outlook for the next three months. The world’s biggest tailor-made microchip maker by revenue said first-quarter net income fell to TWD 64.78 billion (roughly Rs. 13,318 crores), down 18 percent from a year […]

Indian Startups Raised $1.73 billion in Q1 2016, Says Xeler8

Indian startups have raised $1.73 billion (roughly Rs. 11,471 crores) across 344 deals from 312 investors in the first quarter of 2016, a significant uptick in terms of deal volume and total investment size against the last quarter, analysis from startup deal intelligence platform Xeler8 has revealed. E-commerce, SaaS (software as a service) and health-tech […]