Posts Tagged ‘Forecast’

Bharat Book Presents: OLED General Lighting Global Market Forecast (2013)

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HTC Q2 revenue forecast 55 percent higher than Q1, but still well below 2011′s numbers

HTC One X and One S_1020

2012 hasn’t been a great year for HTC financially, but things might finally be turning around as the company is forecasting a 55 percent revenue increase for Q2 of this year. Back on April 6th, the company reported unaudited revenues of NT$ 67.8 billion (about $ 2.3 billion), a 35 percent drop year-over-year, blaming poor sales of LTE handsets and stiff competition in Europe. Well, for Q2, the company says it’s expecting revenue of NT$ 105 billion (about $ 3.56 billion), a major increase, but still 15 percent lower than its NT$ 124 billion result from Q2 2011. HTC is also expecting higher gross and operating margins of about 27 and 11 percent, up from roughly 25 and 7.5 percent last quarter, a notable improvement, but again lower than its…

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Nintendo releases quarterly earnings report: 61 percent drop in profit, grim forecast

Nintendo released its latest quarterly earnings report this morning and, as with last quarter’s report, there’s not a whole lot to celebrate. The company posted profits of ¥40.9 billion (about $ 631.6 million) for the October – December period, representing a 61 percent quarterly drop. That’s especially disappointing, considering that this period has traditionally been strong for Nintendo, which had previously forecast an operating profit of ¥1 billion (around $ 12.9 million). Those forecasts have since changed, however, with the manufacturer now predicting a ¥45 billion ($ 580 million) operating loss for the full year, ending March 31st. Nintendo blames the poor showing to sagging 3DS sales, which have forced it to slash prices. Also on Thursday, President Satoru Iwata told reporters that his company plans to release its new Wii U console across the US, Europe Australia and Japan in time for the 2012 year-end holiday season. Read the report in full, at the source link below.

Nintendo releases quarterly earnings report: 61 percent drop in profit, grim forecast originally appeared on Engadget on Thu, 26 Jan 2012 02:53:00 EDT. Please see our terms for use of feeds.

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Intel cuts Q4 revenue forecast by $1 billion due to hard drive shortages

We’ve already seen quite a few companies lower their forecasts in the wake of the Thailand floods and subsequent hard drive shortage, and it unsurprisingly looks like Intel is no exception. The company issued a press release today advising that its fourth quarter revenue is now expected to come in at $ 13.7 billion, plus or minus $ 300 million, and not $ 14.7 billion (plus or minus $ 500 million) as previously expected. If you do the math, that means the company is taking around a $ 1 billion hit in revenue, due largely to a reduction in the worldwide PC supply chain that’s led to a drop in processor purchases. According to Intel, thing should begin to turn around in the fourth quarter, when it expects computer sales to be “up sequentially,” although it notes that hard drive shortages are expected to continue into the first quarter, with a recovery anticipated to take place over the first half of 2012. The company’s full statement is after the break.

Continue reading Intel cuts Q4 revenue forecast by $ 1 billion due to hard drive shortages

Intel cuts Q4 revenue forecast by $ 1 billion due to hard drive shortages originally appeared on Engadget on Mon, 12 Dec 2011 20:46:00 EDT. Please see our terms for use of feeds.

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Intel cuts Q4 revenue forecast by $1 billion due to hard drive shortages

We’ve already seen quite a few companies lower their forecasts in the wake of the Thailand floods and subsequent hard drive shortage, and it unsurprisingly looks like Intel is no exception. The company issued a press release today advising that its fourth quarter revenue is now expected to come in at $ 13.7 billion, plus or minus $ 300 million, and not $ 14.7 billion (plus or minus $ 500 million) as previously expected. If you do the math, that means the company is taking around a $ 1 billion hit in revenue, due largely to a reduction in the worldwide PC supply chain that’s led to a drop in processor purchases. According to Intel, thing should begin to turn around in the fourth quarter, when it expects computer sales to be “up sequentially,” although it notes that hard drive shortages are expected to continue into the first quarter, with a recovery anticipated to take place over the first half of 2012. The company’s full statement is after the break.

Continue reading Intel cuts Q4 revenue forecast by $ 1 billion due to hard drive shortages

Intel cuts Q4 revenue forecast by $ 1 billion due to hard drive shortages originally appeared on Engadget on Mon, 12 Dec 2011 20:46:00 EDT. Please see our terms for use of feeds.

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Total Mobile eBook Sales Forecast To Reach $10B By 2016; Now Close To 1 Million Books In Kindle Store

ebooks

With this morning’s addition of 16,000 Italian-language ebooks, and 22,000 Spanish-language books, Amazon has updated the total number of digital books it claims to offer through its Kindle Store. The company says the new Kindle Store now offers over 900,000 titles in English and other languages, and indeed, the eBooks section actually turns up 950,000+ search results.

For the record: this is eBooks only – all in all, there are more than 1 million books, newspapers, magazines and blogs available for Amazon Kindle today, the company professes on this page (see ‘Massive Selection’) and elsewhere.

Conveniently, Juniper Research this morning released a new report on mobile eBook sales, which it forecasts to reach close to $ 10 billion ($ 9.7b) by 2016, up from $ 3.2 billion this year.

The research firm says the expected jump in eBook sales for portable devices can be attributed to the growing number of dedicated eReader devices on the market, an upsurge in usage across smartphones and tablet computers and the rise of brand bookstore apps like Apple’s iBookstore and, of course, Amazon’s Kindle Store.

Juniper Research says the increasing demand for tablets means that such devices will account for nearly 30 percent of all eBook downloads by 2016.

Perhaps surprisingly, the firm claims smartphones are not, and are unlikely to become, a primary reading device in markets other than Japan (due to the manga comics phenomenon there).



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Gartner Cuts PC Shipment Forecast For 2011

So far, 2011 has not been the year of the PC, by any means. I guess, that’s to be expected with the explosion of the tablet, but it looks like PCs haven’t yet reached rock bottom, as Gartner has revised its previous forecast for PC shipments in 2011 from 10.5 percent to just 9.3 percent, roughly 385 million units.

Clearly the economic downturn is at least partially to blame for softening PC sales over the past few years, but tablets certainly haven’t helped the matter. “Consumer mobile PCs are no longer driving growth, because of sharply declining consumer interest in mini-notebooks,” said Ranjit Atwal, research director at Gartner. “Media tablets, such as the iPad, have also impacted mobile growth, but more because they have caused consumers to delay new mobile PC purchases rather than directly replacing aging mobile PCs with media tablets.”

Gartner also claims that the structure of the PC market is undergoing a major change, as consumers are looking for a PC that complements their other devices. In the near future, the PC market will not stand alone, but become a part of a more overarching market that ranges from high-end smart televisions down to feature phones. “Within this market, consumers and professionals will increasingly use the combination of devices that best suits their particular needs,” said Mr. Atwal.

Gartner also cut its expected 2011 Japanese PC unit growth to 2.4 percent after the devastating earthquake and tsunami that hit the country in March. However, the analysis firm says that the impact of these disasters has been minor.



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Nintendo Sees Q3 Profit Diving 46%, But Keeps Forecast

Sony is owning the web today with its powerful-looking PSP2 and the Playstation Suite cross-device platform for game distribution on Android devices. But what about Nintendo, which caused quite a splash itself with the 3DS announcement recently? Big N announced [PDF] its quarterly financials today, and things are looking OK at best.

The company’s profits were down a whopping 46% year-on-year in the third quarter of the last financial year (October to December in the case of Nintendo) to $ 1.3 billion, from $ 2.3 billion in the same quarter 2009.

Nintendo was partially hit by the negative impact of a rapidly rising yen (the company generates 80% of sales outside Japan), apart from weaker hard- and software sales.

For the full financial year (which ends in March), Nintendo kept its initial forecast of $ 2.6 billion in operating profit though. Hardware-wise, Nintendo slightly lowered sales projections for the Wii from 17.5 to 16 million and for the DS from 23.5 to 22.5 million. In any case, it’s a good thing the 3DS is coming soon.

Image credit: Kaynil / deviantArt



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Gartner rolls back 2010 IT spending forecast

Gartner rolls back 2010 IT spending forecast
Gartner has dropped its 2010 IT spending forecast, citing currency fluctuations caused by the ongoing European debt crisis.

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Forecast: 6 Billion Mobile Apps To Be Downloaded in ’10

Forecast: 6 Billion Mobile Apps To Be Downloaded in ’10
It wasn’t long ago that “app” wasn’t a household word, so it’s hard to believe that approximately 6 billion mobile apps will be downloaded in 2010. That’s the estimate from ABI Research , up from an estimated 2.4 billion in 2009. The rapid adoption of smartphones, registering a sales growth of 20 percent in 2009, as well as the proliferation of application stores, are the major drivers for this …

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