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US economic growth slows sharply

2016-01-29 15:31:42| BBC News | Business | UK Edition

The US economy grew at an annualised rate of 0.7% in the fourth quarter of last year, official figures show.

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Apple revenue growth slows to 2% in latest quarter

2016-01-26 23:30:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal first quarter to December 2015 up just 2 percent year-on-year to USD 75.9 billion. The sales were at the low end of its forecast of USD 75.5-77.5 billion. Apple blamed the slower growth on the strong US dollar, saying revenues would have risen 8 percent at constant exchange rates. At constant rates, revenues were up 18 percent in Europe and 17 percent in greater China, while falling 1 percent in the Americas and 4 percent in Japan. The company's net profit rose to USD 18.4 billion or USD 3.28 per share, from USD 18.0 billion or USD 3.06 per share a year earlier, and Apple maintained its quarterly dividend at 52 cents a share. While Apple said it set a new record for iPhone sales in the quarter, after the launch of the iPhone 6s in September, unit sales of the smartphone were unchanged year-on-year at 74.78 million and revenues were up just 1 percent compared to the same quarter a year earlier. iPad sales fell 25 percent year-on-year to 16.12 million, and sales of Mac computers were down 3 percent over the same period to 5.31 million units. For fiscal Q2, Apple forecast a sharp slowdown in sales to USD 50-53 billion and a gross margin of 39.0-39.5 percent compared to 40.1 percent in Q1.

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China Car Sales Growth Slows Further

2016-01-12 10:41:57| Auto Dealers - Topix.net

China's car sales in 2015 reached a new high but growth slowed further, as a cooling domestic economy took a toll on demand in the world's largest auto market. China sold 21.1 million passenger cars-sedans, sport-utility-vehicles and minivans-last year, up 7.3% from a year earlier, government-backed China Association of Automobile Manufacturers said Tuesday.

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Chile's pay TV subscriber growth slows in Q3 2015

2016-01-11 21:30:20| Digital TV News

Chiles Subsecretaría de Telecomunicaciones (Subtel) has released pay TV statistics to the end of September 2015. Pay TV subscribers increased from 2,772,585 in September 2014 to 2,924,140, up 5.5% year-on-year. The total number of additional pay TV subscribers in the third quarter was less than 10,000, much lower than in previous quarters.

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