margin

The Apple VR headset has long had a rumored price of around $3000 – a lot of money. How Apple would make any profit from it, however, remained to be seen; but now, thanks to a component breakdown spotted from Brad Lynch on Twitter, we know how much each unit will cost to produce.Using a Chinese analyst source, Lynch puts the bill of materials at around $1500 - $1600, and if the price is right, that would double Apple's money every time someone buys one. If customers buy one.Apple VR costs and profitsMajor Chinese…

Shoppers are at the Citadel Outlets in Los Angeles.Jonathan Alcorn | ReutersAffordability is the number one concern for consumers globally, new data released Tuesday by EY shows.The price worries could suggest trouble for retailers that are relying on promotions to win over cost-conscious customers. Those companies could see their margins under pressure when they report earnings over the coming weeks. In a consumer sentiment survey of 21,000 shoppers across 27 countries, 35% of respondents said "affordability" is now…

The crypto market has seen a lot of chaos in the last few months. However, amidst all the chaos, a new digital currency, Collateral Network (COLT), has reignited the bullish sentiments.  The presale of Collateral Network is selling out fast after experts revealed that the project will grow by 100x in 2023. Meanwhile, projects like Hedera (HBAR) and Binance (BNB) have launched new products to attract users and regain their growth momentum.  >>BUY COLT TOKENS NOW<< Hedera Launches New Funds To Attract Customers…

<!----> Heavy truck maker Scania’s sales grew 42% year on year to SEK45.8bn in the first quarter of…

New cryptocurrencies launch each day, but investors nowadays are cautious about them. That’s because many of them are scams only meant to line their founders’ pockets. It is for this market complexity that investors are excited about Sparklo. Unlike most new crypto launches, everything about Sparklo is above board. Most analysts expect Sparklo (SPRK) could outperform the likes of Shiba Inu (SHIB) and Dogecoin (DOGE) in the next bull run. Sparklo Excites Investors With Its Locked Liquidity Whenever new cryptocurrencies…

<!----> Tesla profit fell sharply in the first quarter of the year after the company cut its prices to boost sales. Tesla’s gross profit margin dipped to 19.3% in the first quarter, some 10 percentage points lower than last year. Tesla has moved its strategy to boost market share with…

OVHcloud's shares fell sharply after the French cloud services provider trimmed its forecast for full-year sales and margins, flagging signs of weakening customer demand. The company now sees organic revenue growth between 13% and 14% in 2023, against a previous outlook of growth in the range of 14%-16%. It expects its 2023 adjusted core profit (EBITDA) margin to be above 36%, against a previous forecast for it to be in line with the 2022 level of 39%. "In March and so far in April, we have seen signs that some clients…

The increased focus on large cost optimisation as the demand environment turns uncertain may push IT majors to prioritise delivery over margin improvement in the near term, said analysts.During the fourth quarter, the top two IT majors reported strong deal wins. India's largest software firm Tata Consultancy Services (TCS) reported an order book of $10 billion which included an "all-time high" number of large deals during the quarter. Meanwhile, second largest software firm Infosys reported large deal wins of $2.1…

Tesla (TSLA) released its financial results and shareholders letter for the first quarter of 2023 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q1 2023 earnings expectations As we reported in our Tesla Q1 2023 earnings preview earlier today, the Wall Street consensus for this quarter was $23.617 billion in revenue and earnings of …

Leaders of the Writers Guild of America secured a strong showing of support from its members on Monday, moving the union closer to a possible work stoppage that would disrupt Hollywood production and ripple across Southern California’s economy.WGA members voted by an historic 98% margin (among 9,218 ballots cast) in favor of a strike authorization, which allows union leaders to call a walkout if they are unable to negotiate a new film and TV contract.“You have expressed your collective strength, solidarity, and the…