Tag Archives: sales

Apple’s App Store sales increased 24% last year, despite investigations

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 …

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Wearable tech saw record sales in first quarter, analysts say

Market analysts at IDC are pointing out strong sales in the wearable tech category, with device shipments reaching 104.6 million units in the first quarter of 2021. That’s 34.4% more than the year before, and the first time first-quarter sales for gadgets like smart watches, connected eyeglasses and fitness trackers have topped 100 million. Interestingly, IDC notes that though industry titans like …

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Microsoft will soon give PC game developers a greater share of sales

In an effort to bring more games to Windows 10, Microsoft is updating its store terms to give PC game developers a larger share of game sales. Starting Aug. 1, developers will take home 88% of their sales revenue.  Typically, developers take home about 70% of profits from each game sold on various platforms. But recently, that’s been changing: Like …

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Samsung gets boost from Galaxy S21 in first quarter

Samsung benefited from a rebound in its mobile unit and continued demand for home appliances during the pandemic, offsetting lower earnings in its semiconductor business. The Korean electronics giant said Wednesday its overall operating profit for the three-month period ended March 31 climbed 45% to 9.38 trillion won ($8.45 billion). Sales in its mobile business increased 13% year over year …

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Samsung expects first

Samsung expects a healthy jump in its first-quarter profit, probably due to strong demand for computers and home appliances during the pandemic. The Korean electronics giant said Tuesday its profit for the three-month period ended March 31 would come in at about 9.3 trillion won ($8.3 billion), an increase over the year-ago period of 44%. The company also expects to …

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Switch marks best quarter, Animal Crossing: New Horizons sells 31 million copies

The Nintendo Switch overtook the 3DS in lifetime sales in the last quarter of 2020, Nintendo’s latest financial earnings report revealed Monday, with the hybrid console hitting 79.87 million units sold since 2017. The 3DS has sold 75.94 million units since 2011. The Switch still hasn’t beaten the Wii’s 101.6 million sales, and lags behind several of Nintendo‘s handhelds: The …

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Apple’s iPhone 12 led to largest revenue and profit in company history

Apple’s iPhone sales surged to their highest point ever, as eager fans snatched up the company’s new iPhone 12 during the holiday shopping season, despite the continued spread of the coronavirus. The three months of Apple’s fiscal first quarter included the launch of its new series of phones, ranging from the $699 iPhone 12 Mini to the $1,099 iPhone 12 Pro Max. They weren’t …

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Apple’s record quarter leads rebound of phone shipments in Q4

Global smartphone shipments bounced back in the fourth quarter from the sales slump caused by the outbreak a year ago of the coronavirus pandemic, according to figures released on Wednesday by market researcher IDC. And much of that rebound can be credited to Apple. Vendors shipped 385.9 million handsets during the quarter, a 4.3% increase over the year-ago period in …

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iPhone sales fell 20% ahead of iPhone 12 launch, but Apple isn’t worried

Apple’s iPhone sales plummeted 20% as consumers awaited the release of its iPhone 12 amid the continued spread of the coronavirus pandemic, which has upended lives, disrupted business and slowed manufacturing across the globe. But Apple executives said they aren’t terribly worried about it. That’s primarily thanks to Apple’s delay releasing the iPhone 12, creating a fluke in financial reporting that artificially made the …

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Is iPhone 12 a smash hit? Apple may offer its first hint this week

Apple’s iPhone 12 is winning praise for its new design, strengthened screen and better cameras. Now we’re about to learn if that’s enough to sell a phone that starts at $799 in the middle of a global pandemic and economic catastrophe. On Thursday, Apple is due to report results for its fiscal fourth quarter, and Wall Street analysts on average …

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