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Apple reports flat iPhone sales
2016-01-27 01:00:00| Total Telecom industry news
U.S. device maker warns iPhone shipments are expected to fall in the current quarter.
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LG posts Q4 loss on flat smartphone sales
2016-01-26 08:29:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported improved operating profit for the fourth quarter compared to a year earlier, as better margins in TVs and home appliances helped offset losses at its mobile phone business. The company's operating profit rose 27 percent year-on-year to KRW 349 billion. Sales were still down 4.7 percent to KRW 14.56 trillion, and the bottom line was a net loss of KRW 141 billion, due to losses at LG Display. At the mobile phone business, sales were flat year-on-year at KRW 3.8 trillion, and the operating margin was a negative 1.2 percent, the second consecutive quarter in the red. Worldwide, LG shipped a total of 15.3 million smartphones in the quarter, contributing to a total of 59.7 million units in 2015, a slight increase from the 59.1 million in 2014. LG said it expects the smartphone marketplace to be increasingly competitive in 2016 amid new premium models from competitors and further price competition in the mass-market tier. The introduction of two new flagship models and a more cost-competitive value chain is expected to improve the company's profitability in 2016.
Plug-in electric car sales: New Volt surges, old Leaf flat
2016-01-22 18:36:31| Auto Dealers - Topix.net
At long last, a handful of lucky customers in selected areas drove home in brand-new 2016 Chevrolet Volts in October. Sometime this month, full pricing and availability for the 2016 Nissan Leaf with its 107-mile range will be revealed.
A step ahead - there is nothing flat about Brown Thomas shoe sales
2016-01-13 05:59:54| Footwear - Topix.net
A virtual shoe tsunami is about to hit Brown Thomas in Grafton Street, Dublin, with a roll call of four designer shoe boutiques in the coming months There's nothing like designer heels and high-end flats to make a style statement: the recession is over and shoppers are back spending. Shopper demand for this season's key footwear styles of wedges, flats, espadrilles and loafers underlines consumer confidence and love of posh heels.
2016 can be a bubbly year for several beverage stocks, while others may go flat.
2015-12-31 08:07:05| Beverages - Topix.net
Beverage stocks didn't duplicate their 2014 performance, where they posted 17% average gains , but they were far from flat in 2015, gaining about 10%, according to Fidelity Investments . That performance was more than enough to beat the S&P 500 was one of the better funds to own in 2015, gaining more than 7% year to date.
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