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January US Auto Sales To Jump As Top Automakers Expect Better Year Ahead

2013-01-30 13:40:02| Auto Dealers - Topix.net

The top automakers expect a robust 2013. That's the upshot from analysts who expect double-digit sales increases over last year following the best December since the 2008-09 recession.

Tags: top year january auto

 

Lenovo mobile sales jump 77% to USD 1 bln

2013-01-30 11:37:00| Telecompaper Headlines

(Telecompaper) Lenovo reported sales for its fiscal third quarter to December up 12 percent from a year earlier to USD 9.4 billion. Net profit rose 34 percent to USD 205 million, and operating profit was up 26 percent to USD 243 million. The company finished the period with net cash of USD 4.2 billion. Lenovo said its Mobile Internet and Digital Home (MIDH) revenues, which includes smartphones, tablets and smart TVs, accounted for a record 11 percent of company revenue in the quarter, with sales up 77 percent year-over-year to USD 998 million. For the first time, its smartphone business in China was profitable, and Lenovo estimates it had a 12.3 percent share of the Chinese market. The company's global PC shipments outpaced the market contraction and grew 7.9 percent, giving it a 15.9 percent market share. Lenovo recently realigned its product development and supply chain organizations to create two new groups: the Lenovo Business Group, which will focus on mainstream PCs, mobile internet and digital home products; and the Think Business Group, which will focus on Think-branded products targeting high-end consumers and enterprises.

Tags: sales mobile jump usd

 
 

Equipment Dealers Jump Into the Auction Market

2013-01-29 22:43:27| ENR.com: Headline News

The do-it-yourself auction strategy can both maintain valued customers and groom future buyers.

Tags: market jump equipment auction

 

Twitter Also Sees Jump in Government Requests for User Data

2013-01-29 02:36:05| PC Magazine Software Product Guide

Twitter today released its second transparency report, as well as a standalone site where this data will live from now on.

Tags: user data jump government

 

Amazon seen regaining profitability in Q4 as sales jump

2013-01-29 01:00:00| Total Telecom industry news

Analyst expects Kindle Fire tablet to have reduced impact on online retailer's operating margins.

Tags: sales jump amazon profitability

 

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