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Angry Birds maker posts loss despite jump in sales

10 months, 23 days ago
HELSINKI, Finland: Finland's Rovio Entertainment, creator of the popular smartphone game Angry Birds, on Thursday posted a loss for the third quarter despite rising sales, as it increased its investments with a view to boost its winnings in…

iPhone X sales: Apple nears trillion-dollar in market cap

11 months, 13 days ago
SAN FRANCISCO: AppleInc Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were "off the charts," but it might be the company's market capitalization…

India’s top court bans firecracker sales before Diwali

1 year, 7 days ago
NEW DELHI: India's top court ordered a temporary ban on the sale of firecrackers in New Delhi on Monday, ahead of the Diwali festival that leaves the city shrouded in toxic smog. The decision comes a little over a week before Diwali --…

Nintendo returns to profit on mobile gaming

1 year, 8 months ago
OSAKA: Nintendo Co Ltd on Tuesday reported its first quarterly profit in a year as its nascent mobile games division started to bring in revenue, though not enough to prevent weak console software sales dragging down its annual earnings…

Apple Airpods overtake wireless headphones sales in 2016

1 year, 9 months ago
Apple started the sale of the wireless AirPod headphones in December, after a two-month delay when they were first announced in September during the launch of the latest iPhone. The long-awaited AirPod, which is priced at $159, capped …

US Black Friday: more shoppers but less spent per head

1 year, 10 months ago
WASHINGTON: The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains, an industry group said Sunday. More than 154 million people made purchases during the…

Xiaomi says shrinking smartphone sales won’t hit the company

1 year, 10 months ago
BEIJING: Sharp drops in smartphone sales for China's Xiaomi Inc will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior…

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

1 year, 11 months ago
MUNICH: BMW wants to boost sales of electric cars by two-thirds next year to 100,000 vehicles as the luxury automaker is offering more battery-powered models, Sueddeutsche Zeitung reported, citing Chief Executive Officer Harald Krueger.…

Apple’s holiday surprise: big sales, not so big profits

1 year, 11 months ago
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. The world's…