Tag Archives: Q2

Thinner new-car margins drag down Sonic Q2 earnings

Sonic Automotive Inc.’s net income tumbled 47 percent to $12.1 million in the second quarter, the publicly traded dealership group said Friday. Squeezed new-vehicle margins were largely to blame, executives said, due to competitive pricing pressure, automakers’ trying to limit incentives and a glut of nearly new off-lease cars. An ongoing economic slump in the oil patch states, such as ... Read More »

Apple, Chinese Smartphone Makers Help Toshiba Return to Profit in Q2

Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese smartphone makers. That boom in demand has been a blessing for Toshiba, which is seeking to recover from a $1.3 billion accounting scandal by turning itself into a company more focused on chips, nuclear energy and ... Read More »

Lenovo Nabs Second Spot in Indian Smartphone Market in Q2 2016, Says IDC

Lenovo now holds the number two position in India in terms of value, surpassing past Apple, Micromax, and Oppo with a market share of over 9 percent, according to a report by IDC for Q1. The Chinese tech giant also stands at the third position in terms of smartphone shipments, with a 7.7 percent market share. Samsung and Micromax hold ... Read More »

iPhone, iPad Had Higher Failure Rates Than Android Counterparts in Q2 2016: Study

When it comes to reliability and performance, Apple iPhones and iPads are failing more often than Android smartphones, a study has revealed. According to the study global data security firm Blancco Technology Group, iOS devices had a 58 percent failure rate while Android smartphones reported an overall failure rate of 35 percent in the second quarter of 2016. It is ... Read More »

Indian Smartphone Market Grew 17.1 Percent in Q2 2016: IDC

The Indian smartphone market registered a healthy 17.1 percent growth over the previous quarter this year and a marginal 3.7 percent growth over the second quarter of 2015, market research firm International Data Corporation(IDC) said on Friday. According to the IDC’s “Quarterly Mobile Phone Tracker”, smartphone market revived after declining for two successive quarters by registering 27.5 million units of ... Read More »

Android Captured 97 Percent Smartphone Market Share in India in Q2 2016: Strategy Analytics

Research firm Strategy Analytics on Thursday said that Google’s mobile operating system Android captured 97 percent of the total smartphone market share in India in terms of shipments, to retain its top position during the second quarter of 2016. “Android shipped 29.8 million smartphones in India in Q2 2016, growing an impressive 28 percent annually from 23.2 million units in ... Read More »

Hindalco Shares Hit 52-Week High On Alcoa’s Q2 Earnings

Analysts expect Hindalco to report strong numbers after Alcoa beat Q2 estimates Hindalco shares jumped over 5.5 per cent to their 52-week high of Rs. 136.20 on Tuesday, tracking strong numbers of Alcoa, which is the world’s third largest producer of aluminum. Hindalco was the top gainer in the Nifty50 index. Alcoa on Monday posted better than expected second quarter ... Read More »

Samsung Galaxy S7 Beats Apple iPhone 6s Sales in Q2 2016 in the US: Report

It is safe to say Samsung’s latest flagship entries Galaxy S7 and Galaxy S7 Edge and have been received well by both customers and critics alike, and now a market research report indicates that sales of Samsung’s flagships were better than Apple’s current flagships iPhone 6s and iPhone 6s Plus in the US market in Q2 2016. According to latest ... Read More »

Audi Q2 Spotted Testing Sans Camouflage in Europe

Audi Q2 Spied Earlier this month German luxury car maker, Audi officially unveiled its newest crossover-SUV – Audi Q2 at the 2016 Geneva Motor Show. The Q2 is the smallest offering in the Q family and is likely to go on sale later this year. Recently a couple of Audi Q2s were spotted testing without camouflage on European roads indicating ... Read More »

2016 Geneva Motor Show: Audi Q2 Sub-compact Crossover Revealed

Audi’s Q family of SUVs has just grown further as the German auto giant has officially revealed the new Q2 sub-compact crossover at the ongoing 2016 Geneva Motor Show. As Audi describes it, the baby Q is an urban type vehicle for everyday driving and recreation, uniting a progressive design with a high level of functionality. In effect, the Q2 ... Read More »