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HTC posts net loss of TWD 8 bln in Q2

2015-08-06 10:40:00| Telecompaper Headlines

(Telecompaper) HTC reported a net loss of TWD 8.0 billion in the second quarter, versus a profit of TWD 2.3 billion a year earlier, hurt by a sharp fall in sales and an asset impairment charge of TWD 2.9 billion. HTC said it suffered from weak demand at the high end of the Android smartphone market as well as lower-than-expected sales in China. Revenues nearly halved, to TWD 33.0 billion from TWD 65.1 billion a year ago. The gross margin dropped to 19.3 percent from 22.2 in the year-earlier period and 19.7 in Q1 this year. HTC said it started a company-wide focus on reducing costs and optimising the use of resources. It continues to invest in new product areas though, notably virtual reality, where it plans to launch the HTC Vive glasses later this year. For the third quarter, the company forecast a further slide in sales, to TWD 19-22 billion compared to TWD 41.9 billion a year earlier. The gross margin is estimated at 19.0-19.5 percent and EPS at a loss of TWD 5.51-5.85.

Tags: net posts loss htc

Apple gains market share in Europe, loses in the US in Q2

2015-08-05 10:14:00| Telecompaper Headlines

(Telecompaper) Apple returned to growth in the smartphone market in the second quarter in Europe's five largest countries, while losing share in the US, according to the latest figures from Kantar Worldpanel ComTech. Apple's gains were the strongest in the UK of the five European markets, adding 5.5 percent points year-on-year to reach 34.1 percent of smartphone sales. Android's share in the UK fell by 6.1 points to 53.2 percent. In Spain, Italy, Germany and France, Android still had over 70 percent of the market, with as much as 88 percent in Spain, up 3 percent points from a year earlier. In the US, Apple's market share fell by 2.3 percent points year-on-year to 30.5 percent, while Android gained 3.4 points to reach 66.1 percent. Kantar estimates that both Samsung and LG increased their shares sequentially in the period in the US and together took 78 percent of all Android sales. LG especially performed well, doubling its share of the US market and also for the first time acquiring more first-time smartphone buyers than Samsung. Forty-three percent of all Android buyers in the US mentioned a 'good deal on the price of the phone' as the main purchase driver for their new device, while the size of the screen was the main factor driving Android sales in Europe. Microsoft's Windows Phone also showed some gains in the quarter, adding 4.1 percent points in both Germany and Italy to reach respectively 10.5 and 14.2 percent of smartphone sales. Its share in the US was up 1.1 points to 3.0 percent in Q2. Apple also posted strong gains in China, taking just over a fifth of sales, up by 7.3 points from a year ago. Android's share in China fell to 79.0 percent from 84.3 a year ago. Huawei's Honor brand led sales in China, Kantar said, while Meizu also posted a strong increase in market share. In Japan, Apple also grew, by 2.7 points to 42.2 percent of sales, while Android fell to 54.4 percent from 59.6 a year ago.

Tags: in us share market

Two Airlines Near Buy Points After Surging Q2 Profits

2015-08-05 01:16:01| Airlines - Topix.net

And while a few former leaders like , new to the Spotlight screen, is a commercial airline headquartered in St. George, Utah, that provides more than 3,500 daily scheduled flights in North America. The stock narrowly topped a 17.30 buy point on Tuesday.

Tags: buy points profits airlines

The web grows 25% for West Marine in Q2

2015-08-04 23:03:40| Mobile Homes - Topix.net

B2B e-commerce is larger than retail e-commerce in transaction volume. Read key data on industry sales, trends in marketing and web content, technology investment, and more.

Tags: in web west marine