Tag Archives: Demand

iPhone 7 Opening Weekend: T-Mobile, Sprint Report Strong Demand

US wireless carriers Sprint Corp and T-Mobile US Inc said on Tuesday they received strong pre-orders for Apple’s iPhone 7, sending shares of the world’s most valuable listed company up 3 percent. Sprint said pre-orders were up nearly four times, compared to last year. Pre-orders also rose nearly four times at T-Mobile, compared with its next most popular iPhone. However, ... Read More »

Samsung Says Galaxy Note 7 Demand Beats Supply

Tech giant Samsung said on Wednesday stronger-than-expected demand for the new Galaxy Note 7 is causing supply constraints globally, suggesting strong initial sales for the premium device. “As pre-order results for the Galaxy Note 7 have far exceeded our estimates, its release date in some markets has been adjusted,” Samsung told Reuters in a statement. The world’s top smartphone maker ... Read More »

iPhone SE Demand Outstripped Supply Last Quarter, Says Tim Cook

Apple reported its latest quarterly earnings on Tuesday where it announced that global iPhone sales were marginally above expectations. Apple said it sold 40.4 million iPhone units in the April-June quarter, down 15 percent from the year-ago quarter but slightly more than the average analyst forecast of 40.02 million. iPhone sales in India were up 51 percent. The newest member ... Read More »

TSMC Sees Demand Grow in Q3 as Customers Gear Up for Holiday Sales

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker and an Apple Inc supplier, said it expects a third-quarter pick-up as customers stock up on chips for new launches in time for the year-end holiday season. Revenue for July-September is expected to reach between TWD 254 billion ($7.93 billion) and TWD 257 billion, up from the second quarter’s TWD 221.81 ... Read More »

Apple Encryption Fight Could Escalate With Demand for ‘Source Code’

The latest filing in the legal war between the planet’s most powerful government and its most valuable company gave one indication of how the high-stakes confrontation could escalate even further. In what observers of the case called a carefully calibrated threat, the US Justice Department last week suggested that it would be willing to demand that Apple turn over the ... Read More »

Apple Challenges FBI’s iPhone Demand as ‘Oppressive’

Apple on Thursday asked a court to quash a judicial order that would force the company to help the Justice Department unlock an iPhone used by one of the San Bernardino attackers, arguing that the order imposed an “unprecedented and oppressive” burden on the tech giant. The motion to vacate was the latest step in a high-stakes legal battle that ... Read More »

Indian Smartphone Market Seen to Be Maturing With Falling Demand: Survey

Country’s smartphone market is showing signs of maturity as lesser number of consumers are planning to buy new devices in the next one year, says a survey. “Smartphone market has reached maturity…the percentage of consumers planning to purchase a smartphone in the next 12 months has dropped from a peak of 80 percent in 2014 to 68 percent,” the survey ... Read More »

Gold Discounts in India Hit Record Highs as Demand Falters

Mumbai: Indian gold traders say they are struggling to draw buyers despite offering record discounts over rallying international prices, as consumers wait to see if rates can fall further after the federal budget this month. The bullion industry expects the government to cut the record 10 percent import duty on gold in the annual budget for 2016/17 that will be ... Read More »