-
Why Does China Continue To Be Apple's Weakness?
Sunday, August 27, 2017 - 3:53pm | 962Apple Inc. (NASDAQ: AAPL) reported thumping fiscal year third-quarter results, with beats all around. Earnings per share, revenues, services revenues and iPhone shipments all exceeded expectations. Given that the fiscal third quarter is a seasonally weak one for Apple, expectations were muted...
-
Q1 Checks Suggest Fitbit No Longer Owning The Wearables Market
Tuesday, June 6, 2017 - 9:54am | 287Citigroup analyst Stanley Kolver reiterated a Sell rating for Fitbit Inc (NYSE: FIT) with a price target of $5. The analyst is concerned by slipping wearables market share, currently at 12 percent after the first quarter and down from 23 percent year over year. The former No. 1 in the market...
-
Facebook Has A New Virtual Reality Chief
Thursday, January 26, 2017 - 2:17pm | 370Facebook Inc (NASDAQ: FB)'s co-founder and CEO Mark Zuckerberg said in a public post on his Facebook page that the computer scientist Hugo Barra will lead all of its virtual reality initiatives, including Oculus Rift. Who's Barra And What Will He Bring To Facebook's VR? As noted by Recode, Barra...
-
If You Think ZTO Is Big, Check Out These 4 Massive Chinese IPOs On The Horizon
Monday, October 31, 2016 - 8:40am | 472ZTO Express Inc. (NYSE: ZTO) made a disappointing IPO debut on Thursday, falling 15 percent from its IPO price in its first day trading. Nevertheless, the company’s $19.50 IPO price values the Chinese delivery service provider at a staggering $14 billion. ZTO marked the largest Chinese IPO in...
-
Get Ready To Hear Xiaomi's Name A Lot
Friday, October 7, 2016 - 11:16am | 347Xiaomi, the China-based electronics company, is looking to make its splash in the American market. Up first: its $69 streaming video box called Mi Box that is built on Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google Android TV that will be sold mostly through Wal-Mart Stores, Inc. (NYSE: WMT...
-
Xiaomi May Have Just Beaten Apple's iPhone 8 To The Punch With This Key Feature
Tuesday, September 27, 2016 - 12:36pm | 282Apple Inc. (NASDAQ: AAPL) executives may go back to the drawing board to redesign the iPhone 8. According to BGR, China-based Xiaomi introduced two new smartphones, the Xiaomi Mi 5 and Mi 5s Plus. Both phones sport an all-metal body and many iPhone-like features, including a similar screen,...
-
Global Wearable Markets Jump 26.1% In Q2; Fitbit Retains Lead While Apple Sinks
Tuesday, September 6, 2016 - 2:29pm | 394Wearable device shipments jumped 26.1 percent to reach 22.5 million in the second quarter of the current year, according to IDC. The growth came amid Apple Inc (NASDAQ: AAPL)'s 56.7 percent year-over-year drop in unit shipments, while Fitbit Inc (NYSE: FIT) retains its lead with 28.7 percent year-...
-
Within 5 Years, A Majority Of Americans Will Own A Chinese Smartphone
Monday, August 22, 2016 - 11:20am | 491Recode detailed last week how China-based Huawei is looking to conquer the American market with its attractive $399 smartphone, the Honor 8. Related Link: If Apple Can Target Chinese Market, Chinese Companies Can Target The U.S. Market Huawei, one of China's most notable smartphone manufacturers...
-
The 'Apple Of China' Might Be In Trouble
Tuesday, August 16, 2016 - 12:13pm | 303Xiaomi, China's answer to Apple Inc. (NASDAQ: AAPL) is in "serious trouble," at least according to Business Insider. The Chinese firm not only compete against Apple's iPhone devices in China with a $225 smartphone, but also launched a laptop that holds its ground against Apple's Macbook Air and...
-
Is The IPO Market Set To Heat Up?
Monday, August 8, 2016 - 4:16pm | 218While the IPO market has been struggling recently, the market is starting to shift, however, and with the recent success of Twllio Inc(NYSE: TWLO)'s recent public offering we could see several new tech IPOs in the near future. The number of companies going public hit a 7-year low in Q1 of 2016,...
-
Xiaomi Takes On Another Tech Behemoth With 2 New Launches
Wednesday, July 27, 2016 - 3:34pm | 441Chinese giant Xiaomi seems to be after all the big names in tech. Last year, the company took on GoPro Inc (NASDAQ: GPRO) with an action camera that retailed at half the price of its U.S. competitor’s price. Now, the firm is at it again with two new launches: an affordable ($225), yet...
-
Will QUALCOMM's Snapdragon 821 Chip Power 2016 Nexus Phones?
Tuesday, July 12, 2016 - 10:29am | 361Google, owned by Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), will reportedly power its 2016 Nexus smartphones with the newly announced Snapdragon 821 processors from QUALCOMM, Inc. (NASDAQ: QCOM). A report from Android Police explained, "Based on information from multiple and reliable sources, we...
-
Apple Is Getting Killed In China
Wednesday, July 6, 2016 - 11:37am | 268Apple Inc. (NASDAQ: AAPL) is far from being the most popular company among smartphone users in China. According to Bloomberg, Apple is now the fifth most popular smartphone manufacturer in the largest overseas market. Out of every 100 smartphone sold in China in May, on average 10.8 of them were...
-
GoPro And Red Bull Finally Tie The Knot; Shares Spike
Tuesday, May 24, 2016 - 3:51pm | 301Shares of GoPro Inc (NASDAQ: GPRO) were trading up more than 5 percent on Tuesday afternoon, driven by news of a new multi-year, global partnership with Red Bull. As per the agreement, the companies will cooperate in product innovation and content production, distribution and promotion, as GoPro...
-
Apple Investors: Don't Freak Out About A Slowdown In China
Tuesday, May 3, 2016 - 5:01pm | 585Investors of Apple Inc. (NASDAQ: AAPL) shouldn't be concerned over slowdown in China, according to a note from Sterne Agee CRT's Rob Cihra. Apple And China Apple revenue from China fell 26 percent in its March quarter versus 71 percent growth a year ago. Cihra added that China...