• CNBC

    Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says

    Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.

  • iPhone sales plummet in China as Huawei makes a comeback

    Huawei saw massive growth of nearly 70pc of its smartphone sales in China at the start of 2024, while Apple sales fell by 19pc in the same period. : iPhone sales plummet in China as Huawei makes a comeback

  • Oppo Reno11F 5G smartphone goes on sale in Kenya

    Oppo has introduced its Reno 11F 5G smartphone to Kenya with a 64MP

    • CNBC

    March homes sales dropped despite a surge in supply. Here's why.

    The median price of an existing home sold in March was $393,500, up 4.8% from the year before.

  • Samsung Back on Top of Smartphone Sales Q1 2024

    Samsung has made a stunning comeback in the global smartphone market, securing the top position in the first quarter of 2024. This achievement is particularly impressive given the challenges faced by the industry, including economic headwinds and fierce competition. The International Data Corporation (IDC) reports that Samsung’s success coincides with a significant 7.8% increase in […]

  • IDC: Honor and Huawei topped China's smartphone market in Q1

    The Chinese smartphone market grew by 6.5% in Q1,2024 thanks to robust demand for Huawei and Honor devices. The IDC quarterly mobile phone tracker shows an estimated total of 69.3 million smartphones were shipped in the first three months of the year, led by Honor and Huawei. The two companies are neck and neck for the leading position with each controlling a 17% share of the market. Huawei’s market share growth is impressive with a 110% rise compared to Q1 2023. The drive was pushed by the...

  • Europe Car Sales Drop in March as EV Weakness Persists

    Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen AG and Stellantis NV faced weaker demand, particularly for electric vehicles.

  • Home Sales Drop in March as Mortgage Rates Surge over 7 Percent

    Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing homes fell 4.3% in March compared to the previous month and 3.7% year-over-year, to an annual rate of 4.19 million, according to a press release from the National Association of Realtors (NAR). The average for a 30-year fixed-rate mortgage reached 7.10% this week, a substantial jump from 6.88% last week, depressing Americans’ desire to switch homes and possibly...

  • iPhone sales drop 10% as Samsung steadies and Chinese rivals grow

    New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023. Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24 In March, it was reported that Apple had cut its iPhone orders because of reduced demand in China, but IDC now says that the decline is worldwide. The research firm also says that of all the major smartphone makers, Apple had the sharpest year on year decline. IDC's research claims that...

  • Huawei teases launch of new smartphone, high-end model anticipated

    Chinese tech giant Huawei has started allowing customers to register their interest in an upcoming smartphone model it has yet to describe, stoking anticipation that the latest version of its high-end P series phones is on its way. The company jumped back into the premium smartphone market last year with its Mate 60 series, a launch celebrated by state media as a triumph over US sanctions on the firm. The launch has also been blamed for a steep decline in Apple's iPhone sales in China. ...

    • CP24

    New condo sales in the Toronto area drop to low not seen since financial crisis

    New condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found.

  • Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids

    Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the automaker’s bottom line. Tesla reported revenue of $21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo Finance […] © 2024 TechCrunch. All rights reserved. For personal use only.