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SMARTPHONE SALES DECLINE
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...- Apple raises prices of MacBooks, iPads as memory costs skyrocketApple has increased prices for its iPad and MacBook models due to escalating costs of memory and storage chips, a surge fueled by the AI in...
- A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...
- As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
- Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
- How a writer saved Rs 55,000 a year using 21 credit cards without paying interestA freelance translator uses 21 credit cards as a financial tool, saving Rs 50,000-55,000 annually by optimizing spending. Through meticulou...
- YouTube earns more from Xbox games than Microsoft: CEO Satya NadellaMicrosoft CEO Satya Nadella said that YouTube generates more revenue from Xbox games than Microsoft itself, highlighting a struggle to mone...
- Audio book platform Kuku files confidential papers for up to Rs 3,500-cr IPOKuku Technologies, operator of Kuku FM and Kuku TV, is planning a Rs 3,000 crore IPO. The company aims for a Rs 15,000 crore valuation. Fun...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...
- Rising prices may hit festive smartphone demand, dent annual sales by up to 30%: ReportSmartphone prices are rising in India. This could cause many buyers to delay purchases or buy used phones. Annual sales might drop signific...
- Rising prices may hit 54 pc of festive smartphone demand, denting annual sales by up to 30 pcIndian consumers may delay buying new smartphones or opt for used devices if prices continue rising. This trend could significantly impact ...
- Xiaomi brings in South Asia head to revive Indian operationsChinese smartphone maker Xiaomi is bringing in Alexander Tang to head its India business as it looks to revive falling market share and imp...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- India's consumption story changes track as OTT, travel and premium phones outpace staples: ReportThe report titled "The Great Consumption Shift" said, "Indian wallet has moved from cereal to data to OTT to mobiles," highlighting how Ind...
- OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
- At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
- Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
- Old stock turns gold for retailers as smartphone prices rise amid memory cost inflationAs memory prices experience inflation, the landscape of India's smartphone market is shifting. Retailers momentarily benefit from increased...
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