Tag Archives: sales

At nearly 15 years old, Apple’s iPhone remains one of the most popular consumer products of all time. During the holidays, the device helped Apple ring up record revenues and profits. And even now, with war overseas and nagging inflation at home, Apple’s fortunes are still largely tied to the its phones. The good news: People …

Two years ago, Apple was one of the first companies to warn that the COVID-19 pandemic was impacting global manufacturing. Now the tech giant may offer the first signs that things are improving. Apple will announce its earnings for its second fiscal quarter after market close Thursday. Usually, Apple executives who discuss the results with analysts on a public conference …

Samsung posted record revenue during its first quarter, boosted by strong sales of memory chips and its latest flagship phones. The Korean electronics giant said Wednesday that its revenue for the three-month period ended March 31 came in at 77.78 trillion won ($61.4 billion), an increase of nearly 19% over the same quarter last year. It’s the company’s third straight …

Verizon is upping its minimum wage, announcing on Monday that it will now pay at least $20 per hour to retail, sales and customer service teams nationwide. The company says that the new increase will automatically apply to new hires, while current employees will have their rates automatically adjusted.  For retail and inside sales — Verizon staff who work on …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Steve Zhao’s business was promising until last year. His company, Sandbox VR, had taken over a number of retail spaces, and people would visit so they could run around shooting zombies, crossing swords with treasure-chasing pirates or exploring distant planets as members of a Star …

Samsung expects its operating profit to surge in the second-quarter, likely fueled by higher chip prices and continued consumer demand for electronics during the pandemic. The company also said it benefited from a one-time gain. On Tuesday, the Korean electronics giant predicted its operating profit for the three-month period preceding June 30 would come in around 12.5 trillion won ($11 …

Windows 11 is the next version of Microsoft’s operating system, and it comes with a brand new design and some updated features. The company unveiled the new PC-powering software at a virtual event last week (here’s everything Microsoft announced). The Windows 11 beta download will be here in July, but for right now, the new operating system is only available …

On June 29, Apple reached its “14 years of iPhones” anniversary. And the company has now reached another milestone: Seven months after the iPhone 12’s launch, the tech giant has sold more than 100 million of the gadgets. Previously, the iPhone 11 hit 100 million sales within the first nine months.  Consumers seemed to enjoy the iPhone 12 Pro Max the …

Samsung’s wide selection of phones worked in its favor in the first quarter of the year, a report from analyst Gartner revealed Monday. The Korean company held more than 20% of the smartphone market, with more than 76.5 million phones sold. The figure matches the one reported by research firm Canalys in April. Gartner credited Samsung’s cheaper phones and its …

Apple’s App Store facilitated $643 billion in billings and sales during 2020, an increase of 24% over the previous year due in large part to the pandemic, according to an independent study from the Analysis Group released by Apple on Wednesday.  Growth was not consistent across every app category during the pandemic: While sales of digital goods and services rose …