iPhone Sales In China Tumble 19% In Worst Quarter Since 2020

Sales of Apple's lucrative iPhone slumped 17 percent last quarter, the biggest drop on record, as weak demand in China took a toll. Apple, however, expressed hope the worst is over......»»

Apple will report quarterly earnings today, May 2, after market close. Investors are expecting a slowdown in China iPhone sales. CFOTO/Future Publishing/Getty ImagesApple reports second-quarter earnings on Thursday.Investors will be looking for upda.....»»

Apple is expected to see a year-over-year sales decline in the March quarter, as both its flagship iPhone and the crucial China market are facing challenges. read more.....»»

The iPhone maker is scheduled to disclose first-quarter results on Wednesday after the closing bell. Anton Novod.....»»

Taiwan's flexible PCB makers in the supply chain of Apple devices have seen demand turn strong in the second quarter of 2020 to support robust sales of second-generation iPhone SE, new iPad and MacBook models, according to industry sources......»»

South Korea's Hyundai Motor Co said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%......»»

Bayerische Motoren Werke AG (OTC: BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. read more.....»»

Bayerische Motoren Werke AG (OTC: BMWYY) registered a significant slump in its first-quarter vehicle sales due to slowdown in China, Europe and U.S. economic activity. What Happened The group, which includes BM.....»»

BEIJING, China and TEL AVIV, Israel, March 30, 2020 /PRNewswire/ -- .....»»

E&R Engineering has recently enjoyed an influx of short lead-time orders from China's semiconductor industry, which will be buoying its sales performance during the second quarter of 2020, according to the Taiwan-based automation equipment maker......»»

China-based makers produced 9,951 new energy vehicles and sold 12,908 units in February 2020, decreasing 82.9% and 75.2% respectively on year, according to China Association of Automobile Manufacturers (CAAM)......»»

German sportswear group Puma on Wednesday said it expected China's coronavirus outbreak to hit its sales and profits in the first quarter but it still hopes to reach its targets for 2020......»»

Motherboard and graphics card sales in China are expected to plunge 50% or more in the first quarter of 2020, according to sources at local channel distributors, who also expressed pessimism about the sales outlook for the second quarter......»»

MediaTek is likely to post a revenue decline of as much as 15% sequentially in the first quarter of 2020, due mainly to a collapse in demand from China's handset market, according to market sources......»»

TSMC currently has no plans to revise its sales and margin guidance for the first quarter of 2020, according to the pure-play foundry, which also disclosed non-production staff at its China-based wafer fabs will return to work on February 10......»»

KFC licensee Yum China said it could report an operating loss in the first quarter and take a significant hit to sales and productivity due to a coronavirus outbreak in China, after it was forced to shut nearly a third of its stores......»»

Tesla Inc (NASDAQ: TSLA) scored top- and bottom-line beats in its fourth-quarter earnings and projected a significant sales increase for 2020, but tha Latest Ratings for T.....»»

GOTHENBURG, Sweden, Jan. 30, 2020 /PRNewswire/ -- "Our organic sales growth continued in the fourth quarter and it was particularly good to see the strong performance of our three largest markets - the US, China and Germany," says Mattias Pe.....»»

Apple has reported sales for its fiscal 2020 first quarter - ended December 28, 2019 - reached US$91.8 billion, rising 9% from the year-ago quarter to hit an all-time record, driven by strong sales of the iPhone 11 series and wearables......»»

Tech giant reports iPhone sales that outperformed consensus estimatesCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 01/27/2020)Related Stocks: AAPL, BRK.A, BRK.B,.....»»