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Apple quarterly sales fall 13%, further drop expected in Q2
2016-04-26 23:04:00| Telecompaper Headlines
(Telecompaper) Apple has reported a drop in revenues for its fiscal second quarter to March, as economic weakness in some countries and the slower smartphone market dampens sales of its devices. Quarterly revenues fell 13 percent year-on-year to USD 50.6 billion, at the low end of the company's guidance of USD 50-53 billion. Net income dropped to USD 10.5 billion or USD 1.90 per share from USD 13.6 billion or USD 2.33 per share. Apple shipped 51.19 million iPhones in the three months to March, down 16 percent from a year earlier and 32 percent less than in the December quarter. To appease shareholders, the company announced a 10 percent increase in the quarterly dividend and increased its share buyback authorisation to USD 175 billion from USD 140 billion.
January US auto sales expected to fall after snowstorm
2016-02-02 18:02:33| Auto Dealers - Topix.net
U.S. auto sales were expected to fall in January because of the East Coast snowstorm, but analysts say demand remains strong and buyers will likely head back into dealerships this month. J.D. Power and Associates forecast a 4.5 percent sales drop from a year ago to just under 1.1 million cars and trucks.
AG Barr FY sales expected to slip 1.5%
2016-01-29 12:14:00| Daily beverage news and comment - from just-drinks.com
Soft drinks maker AG Barr has warned that its full-year sales are likely to come in behind the previous year, citing a challenging first six months of 2015.
Record global auto sales expected in 2016: Scotiabank
2016-01-13 18:59:45| Canadian Plastics Headlines
21 million cars expected to sell in the U.S. in 2016, but sales in Canada will be flat. The post Record global auto sales expected in 2016: Scotiabank appeared first on Canadian Plastics.
Tags: auto
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US auto sales expected to hit an all-time high in 2015
2016-01-09 04:26:39| Auto Dealers - Topix.net
Sales helped to produce record profit reports at GM and Ford earlier in the year. Strong performance from the all-new Lincoln MKX, with 2,960 vehicles sold, contributed to a 77 percent increase compared with a year ago.
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