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Shopper Sentiment Drops in Q2

2015-07-24 07:00:00| Happi Breaking News

But still higher than than Q2 2014 finds IRI MarketPulse Surveys.

Global smartphone shipments increase 11.6% in Q2

2015-07-23 17:42:00| Telecompaper Headlines

(Telecompaper) Global smartphone shipments rose 11.6 percent year-on-year in the second quarter to 337.2 million, according to market researcher IDC. This is the second highest quarterly total on record, with growth sustained after a strong Q1 by robust demand in many emerging markets. IDC said more affordable smartphones, often from local vendors, were driving the growth in the market, rather than the premium smartphones from the likes of Samsung and Apple. The market researcher noted as well that new vendors are joining the market every quarter in order to capitalise on the local demand, with IDC now tracking over 200 smartphone brands in its reports. The shift to low-cost smartphones was underlined by the contraction in the feature phone market, with total mobile phone shipments down by 0.4 percent in the second quarter to 464.6 million units. The top five vendors included three from China: Huawei in third place with an 8.9 percent share of the global smartphone market, up from 6.7 percent a year ago; Xiaomi with a 5.3 percent share or 17.3 million phones sold; and Lenovo, with a 4.8 percent share, down from 8.0 percent year ago pro forma for its takeover of Motorola. Samsung remained the top vendor, with an estimated share of 21.7 percent of shipments, down from 24.8 percent a year ago. Apple was in second place, taking a market share of 14.1 percent, up from 11.7 percent in the year-earlier period.

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Surging new drug sales highlight strong Bristol-Myers Q2

2015-07-23 16:20:43| Biotech - Topix.net

Surging sales for new cancer, heart and hepatitis C medicines helped drugmaker Bristol-Myers Squibb Co. beat Wall Street expectations, and it boosted its 2015 profit forecast.

Tags: sales strong drug highlight

ARM increases dividend 25% after strong Q2

2015-07-22 09:20:00| Telecompaper Headlines

(Telecompaper) ARM Holdings reported second-quarter revenues up 15 percent year-on-year to USD 357.1 million and improved its adjusted operating margin to 52.9 percent from 48.9 a year ago. The company's pretax profit jumped 39 percent to GBP 94.7 million or 5.42 pence per share, and ARM increased its interim dividend by 25 percent to 3.15 pence per share. Over 3.4 billion ARM-based chips shipped in the second quarter, up 26 percent year-on-year. This helped drive a 31 percent increase in ARM's processor royalty revenue. The company also added new licences in the quarter, with a record 54 processor licences signed for a broad range of applications, from biometric sensors for mobile payments to automotive engine control. ARM said market conditions point to a small sequential increase in industry revenues in the next quarter, while its own revenues may grow faster due to increasing royalty per chip in mobile devices and the expanding market beyond mobile. Assuming macroeconomic uncertainty does not further impact consumer spending, ARM expects its revenues in dollars for full year 2015 to be in line with current market expectations.

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