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03.11.26 - 01:06
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As sales slow, carmakers in China turn to overt marketing tactics and face controversy (SCMP)
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Chinese carmakers' marketing tactics are under the spotlight after a controversy surrounding a comment by an Xpeng employee drew harsh criticism from middle-aged consumers.
The incident comes as regulators step up quality checks on the reliability of automotive companies, according to industry officials and analysts.
During a live-streamed new model launch ceremony on October 15, an Xpeng product manager used the term “Lao Deng” – a slang term referring to middle-aged people who appear to be......
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03.11.26 - 01:03
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Apple Flat After Mixed Results: Strong iPhone Sales Offset By Weak China Revenue, Declining Margins And Buybacks (ZeroHedge)
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Apple Flat After Mixed Results: Strong iPhone Sales Offset By Weak China Revenue, Declining Margins And Buybacks
As we previewed earlier, today's AAPL earnings report will be the first for Apple with new CEO John Ternus in charge. He technically has shared responsibility over the quarter, with his start date taking place on Sept. 1. But the quarter actually began several weeks before then when Tim Cook, now executive chairman, was still in the CEO's office. We'll be paying close attention to Ternus's opening statement, when he'll have his first extended chance to make an impression on Wall Street. As we also noted, some of the key things to pay attention to will be: how much of the call is led by Ternus, how many questions he answers, how much he hands off to CFO Kevan Parekh and if COO Sabih Khan will be on the call ( which would be a first). As BBG notes, when Steve Jobs was CEO, Tim Cook - then COO - partook and led most of the company's earnings calls. Given Ternus's lack of bu...
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03.11.26 - 00:57
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Apple: iPhone-Geschäft treibt Umsatz auf Rekordniveau (Spiegel)
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Die Erwartungen wurden noch übertroffen: Apple hat im vergangenen Quartal seinen Umsatz auf 114,5 Milliarden Dollar gesteigert, vor allem dank Smartphones. Mit seinem Ausblick enttäuscht der Konzern allerdings... --- Der Apple-Quartalsumsatz stieg den Angaben zufolge im Jahresvergleich überraschend deutlich um zwölf Prozent auf 114,5 Milliarden Dollar.. --- Ternus sagte dem Wirtschaftssender CNBC, beim ersten aufklappbaren Modell des Konzerns, dem iPhone Duo, gebe es weiterhin Engpässe. Beim Verkaufsstart im Oktober vor wenigen Wochen waren die Liefertermine für das mehr als 2000 Euro teure Gerät schnell in den Januar gerutscht.. --- Mit dem Ausblick für das laufende Quartal enttäuschte der US-Konzern jedoch: Apple-Aktien gaben daher im nachbörslichen Handel an der Wall Street rund vier Prozent nach..
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03.11.26 - 00:42
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Marvell pays up for Lumentum, 33 times forward earnings, to match Broadcom on lasers (Digitimes)
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Marvell Technology's agreement to buy Lumentum Holdings would give the custom chip designer its own supply of indium phosphide (InP) lasers, one of the scarcest components in AI data center networking, and make it one of the few suppliers spanning both the electrical and optical sides of the link. The deal positions Marvell more directly against Broadcom as connections inside AI clusters move from copper toward optics packaged alongside processors and switches....
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03.11.26 - 00:30
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Apple posts stronger-than-expected revenue in first earnings report for new CEO John Ternus (The Guardian)
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Result for the company, which earned $30.71bn and exceeded analysts' expectations, bucked downward trend for tech firmsApple Inc posted stronger-than-expected revenue in the fiscal third quarter, giving John Ternus, the new CEO, an upbeat start to his tenure, which began in September. The solid results bucked a downward trend for tech giants this quarter, as companies including Alphabet, Amazon and Intel had disappointing quarterly results.“Apple's strong earnings come in the wake of a recent tech sell-off, as investors question the enormous cost and uncertain returns of the AI boom driven by Apple's big tech counterparts,” said Jacob Bourne, an Emarketer analyst, adding that record iPhone revenue and strong growth in China demonstrate the resilience of Apple's business. Continue reading......
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02.11.26 - 23:54
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Apple Sales Meet Estimates, China Is a Weak Spot (Bloomberg)
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Apple posted September quarter revenue that narrowly topped analysts' estimates, even as sales in the key Chinese market fell short of projections. Revenue rose 12% to $114.5 billion during the fiscal fourth quarter, which ended Sept. 26, the company said in a statement. Analysts had estimated $113.5 billion on average, according to data compiled by Bloomberg. The quarterly report — the first under new Chief Executive Officer John Ternus — offered a mixed picture to investors. Sales growth decelerated from a 16% clip in the June quarter, and results from Apple's iPad and wearables businesses were particularly weak. But the iPhone, the company's biggest moneymaker, remained strong. Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech, joins to discuss the results. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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02.11.26 - 23:48
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iPhone Duo Sales To Hit 7M in 2026, Predicts IDC Sr. Director (Bloomberg)
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IDC Senior Director of Data & Analytics Nabila Popal says Apple's iPhone results beating analyst expectations were not surprising. IDC's preliminary shipment data showed iPhones outperforming a smartphone market that had suffered a historic 21% decline in calendar Q3, while Apple's shipments fell only 4%. She speaks with Kailey Leinz & Ed Ludlow on "The Close." (Source: Bloomberg)...
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02.11.26 - 23:30
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Equitable Holdings Swings To Q3 Profit (AFX)
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WASHINGTON (dpa-AFX) - Equitable Holdings, Inc. (EQH), a financial services holding company, on Monday reported a profit for the third quarter of 2026, compared with a loss in the prior-year quart......
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