Netflix Surprises Itself With Gangbusters Membership Growth


Netflix generated $8.3 billion in global streaming revenue in 2016, with 35 percent year-over-year growth, it reported Wednesday. The company ended last year with 93.8 million members, including 19 million net additions — up from 17.4 million new subscribers in 2015. Netflix’s global revenue for the fourth quarter of 2016 grew by 41 percent year-over-year to $2.4 billion, and 7.05 million net new members joined during that time period. The U.S. accounted for 1.93 million new subscribers, while the rest, 5.12 million, came from international markets. The growth greatly exceeded Netflix’s own forecast.

The original article can be found here: http://www.ecommercetimes.com/story/84245.html?rss=1

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Apple's iPhone loses ground in 'urban China' for first time since 2014 – report

Article Image Apple’s smartphone marketshare in “urban China” dropped 3.2 percentage points year-over-year during the spring quarter of 2016 — marking the company’s first such decline in the region since August 2014, according to research data published on Wednesday.

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Apple captured 21% of smartphone processors, 31% of tablet CPUs in 2015

Article Image Although the smartphone and tablet processor markets actually declined year-over-year in 2015, Apple managed to capture large shares of both in 2015 simply manufacturing for its own devices, Strategy Analytics said in data released on Friday.

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iPhone 6s launch propels Apple to further gains in global smartphone market, Gartner says

Article Image Apple’s share of the global smartphone market rose 0.6 points year-over-year to 13.1 percent in the September quarter, although Google’s Android cemented its lead as the world’s dominant mobile platform, Gartner said in research data released on Wednesday.

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Tim Cook 'positive' on China as local revenues surge 99% to $12.5B

Article Image Apple’s Chinese revenues soared 99 percent year-over-year in its fiscal fourth quarter, growing from just under $6.3 billion to about $12.5 billion, as CEO Tim Cook sounded optimistic tones about the company’s plans for the region.

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Intel profits drop in Q3 on weak PC market, alleviated by higher chip prices, server & IoT markets

Article Image Intel profits dropped 6.3 percent year-over-year in the third quarter, impacted by a diminished market for desktop and laptop PCs — though the company was buoyed somewhat by things like higher selling prices for chips, and rising sales in the server market.

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iPhone share strong in Europe & other markets, softening in US, Kantar study suggests

Although Apple’s iPhone marketshare grew year-over-year in Europe, China, and several other parts of the world during the June quarter, it lost ground in the U.S. partly due to advances by Samsung and LG, according to a new report by Kantar Worldpanel ComTech.

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Apple's Chinese revenues surge 112% in Q3 to lead worldwide growth

Apple’s Chinese revenues shot ahead 112 percent year-over-year during the June quarter to over $13.2 billion, reflecting the growing importance of the country to Apple’s bottom line even as other regions also showed significant growth.

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Mac sales up 16.1% in June quarter as overall PC market continues slump

Continuing to buck trends, Mac sales rose 16.1 percent year-over-year in the June quarter even as the PC industry as a whole shrank 11.8 percent, according to new estimates published on Thursday by research firm IDC.

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Samsung profit dips as feature phone, tablet sales slide

South Korean electronics conglomerate Samsung has taken a sizable year-over-year profitability hit in its mobile phone division, with declining sales of high-volume, low-cost feature phones and tablets dragging down its bottom line.



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Though Apple's iPad sales shrank, Amazon's Kindle Fire took 70% nosedive last quarter

The worldwide tablet market saw its first-ever year-over-year decline in the holiday quarter, but the biggest losses were seen by Amazon, which saw shipments of its budget-priced Kindle Fire series plummet 70 percent.



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Samsung's mobile profits plunge 64.2% after Apple's iPhone 6 devastates premium Galaxy sales

Samsung Electronics reported overall Q4 operating profits of 5.29 trillion won ($4.9 billion)–a 36 percent year-over-year drop–but its Mobile division suffered a 64.2 percent drop in profits, falling from $5 billion in the year ago quarter to $1.8 billion in the December quarter.



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Apple iPad sales slumped 18% in Q1, but Cook still sees 'bright future' for platform

As many industry analysts predicted, iPad sales saw a steep year-over-year decline for the first fiscal quarter of 2015, but CEO Tim Cook is optimistic and sees great potential in Apple’s upcoming hardware pipeline.



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Apple paces field in PC consumer satisfaction for 11th consecutive year

Despite booking a modest 3 percent year-over-year decline, Apple has once again claimed the top spot in the most recent American Customer Satisfaction Index rankings of personal computer manufacturers.



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Twitter Claims Legions of Uncounted 'Users'


Twitter posted healthy revenue for the second quarter — US$312 million, up 124 percent year-over-year. Its profit? Not there yet. However, even though the company reported a net loss of $145 million, investors are likely to overlook the lack of profit for some time. Financials aside, what Twitter really wants everyone to know is that it is big — as in average monthly user big. That’s because growth in its user base — or lack thereof — is not an issue that shareholders or advertisers are likely to overlook for long.

The original article can be found here: http://www.ecommercetimes.com/story/80815.html?rss=1

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Earnings Preview: Wall Street expects solid quarter from Apple, but focus is on the fall

While many Apple observers expect the company to reveal solid year-over-year growth for its relatively quiet June quarter, much of the focus will be on new CFO Luca Maestri’s guidance for the fall with updated iPhones and iPads on the horizon, the expected closing of the Beats acquisition, and the possibility of a so-called “iWatch.”



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