shipment
Latest
Canon announces middling Q4 2011 earnings report, president steps down
In the wake of a relatively strong Q3, Canon today unveiled a slightly less rosy earnings report for the fourth quarter of 2011. Net sales for the quarter reached ¥964.8 billion (about $12.6 billion), up from the ¥916 billion the company reported last quarter, but down about 9.7 percent from Q4 2010. Quarterly operating profit, meanwhile, rose 14.2 percent on the year, to ¥94.6 billion ($1.2 billion). Profit for the full fiscal year, however, declined by 2.4 percent to ¥378.1 billion (approximately $4.9 billion), compared with the ¥387.6 billion ($5.1 billion) Canon raked in for all of 2010. Net income, on the other hand, rose by nearly 14 percent over Q4 2010 (¥61.4 billion from ¥54 billion), but only 0.8 percent over the full fiscal year (¥248.6 billion in FY 2011, ¥246.6 billion in FY 2010). Looking forward to 2012, the cameramaker expects net income to increase to ¥250 billion, which would mark the second straight year of less than one percent growth. This forecast is lower than what many analysts expected, though Canon based its projections on assumptions that the yen will continue to rise against both the dollar and the euro, making Japanese exports more expensive in Western markets. It was against this backdrop of disappointment that company president and COO Tsuneji Uchida announced his resignation today, effective March 29th. The 70-year-old Uchida will be replaced by 76-year-old chairman Fujio Mitarai, with Uchida slipping into an advisory role. Coming off a year that saw a devastating tsunami in Japan and supply chain disruptions in flood-ravaged Thailand, Canon underscored its cautious outlook for 2012, in a statement: "The future remains increasingly uncertain amid growing concern over a global economic slowdown." Find Canon's full report at the source link, below.
Strategy Analytics: Nokia tops global handset shipments, Apple sees quarterly surge
Fresh off the publication of its latest tablet report, Strategy Analytics has come out with a new batch of statistics on the global mobile market. In a report published yesterday, the research firm crowned Apple as the world's largest smartphone vendor by volume, on the strength of the 37 million iPhones it shipped during Q4 2011 -- good for 23.9 percent of the market. Samsung wasn't too far behind, though, with 36.5 million smartphones shipped during the quarter, comprising 23.5 percent of the market. Nokia finished in third place, with 19.6 million smartphones and a 12.6 percent market share, though it fared notably better among handset makers on a global (i.e., smartphone and feature phone) level. According to Strategy Analytics, the Finnish manufacturer shipped 417.1 million handsets for the full year, 113.5 million of which were shipped during the fourth quarter of last year. For the year, Nokia accounted for 26.9 percent of the market, followed by Samsung, which shipped 327.4 million units shipped during 2011 and finished with a 23.1 percent market share. As for Apple, it accounted for 8.3 percent of the market in Q4 (its best showing, according to Strategy's metrics), with 37 million quarterly shipments. You can find more details in the pair of press releases after the break, or at the source link below.
Samsung eyes Nokia's cellphone throne, seems pretty confident about it
Nokia has enjoyed a healthy 14-year reign as the world's top cellphone manufacturer, but Samsung thinks that run will come to an end this year. Speaking to reporters at CES last night, Samsung CEO Choi Gee-Sung said his company overtook Espoo in revenue last quarter, and predicted that it'll soon pass Nokia in shipments, as well. Choi's forecast was apparently based on the Korean firm's strong momentum, coupled with Nokia's recent struggles. The executive went on to say that Samsung's sales have grown at a surprisingly quick rate, and that the company plans to ramp up investment in the coming years. "With the current sales growth rate, we are likely to... achieve the 2015 sales target of $200 billion earlier [than expected]," Choi explained. Consider the gauntlet laid.
ASUS Transformer Prime pre-order shipments delayed at Best Buy, Amazon
ASUS' Eee Pad Transformer Prime has already suffered a few setbacks on its march to the US market and unfortunately, it looks as if another obstacle may be on the horizon. According to a handful of tips we've received this morning, Best Buy has been sending out emails to users who pre-ordered the new tablet for delivery this week, informing them that shipments have been "back-ordered," and delayed by one to two weeks. This means, of course, that some buyers may not receive the device until after Christmas. In its email, Best Buy gave its customers the option of canceling their orders outright, replacing it with a similar device, or searching the product at a brick and mortar location (a customer service rep told us that the Transformer Prime is not in stock). Some who ordered the slate on Amazon, meanwhile, have received emails informing them that their orders were "inadvertently canceled," and offering them the chance to pre-order it again today, along with a $10 gift card to make up for the inconvenience. We'll be following this story closely, so check this space for any further updates. Here's ASUS's official statement: "ASUS started filling the inventory pipelines this past week for our new Eee Pad Transformer Prime and will continue to do so on an expedited basis for the foreseeable future. We will reach normal inventory levels in January for the North American market based on current orders and forecasts. Based on forecasted supply schedules to our valued partners we expect pre-order allocation fulfillment to occur shortly and online or in-store availability in the very near future. We will continue to work closely with our partners to fill customer orders as quickly as possible." [Thanks to everyone who sent this in]
Sphero shipments delayed due to high demand, won't be here-o until January
Our hearts were aflutter with anticipation when the Sphero went up for pre-order last month, but that excitement has since been supplanted by a big knot of disappointment, because the smartphone-controlled robotic ball won't be hitting the market until after the holiday season. In a letter published yesterday, Orbotix CEO Paul Berberian attributed his company's setback to a fundamental economic quandary. "Demand has been greater than expected and our production capabilities are slower than we planned," Berberian wrote. "What that means is only a handful of orders are going to be fulfilled before the holidays and the majority of orders will be fulfilled in January." Writing on behalf of the manufacturer, Berberian went on to accept full blame for the delay, with rather admirable honesty: "We simply underestimated the number of units we'd need to make and, more importantly, we miscalculated how long it would take to bring up the production line." To make up for it, Orbotix is offering free expedited shipping to all customers who pre-ordered the device in time for the holidays, along with a free Sphero t-shirt.
DigiTimes: Acer eyes Ultrabook price drop for next year, bigger cuts coming in 2013
Having recently affirmed its commitment to the netbook, Acer is now reportedly looking to boost its Ultrabook sales, with the help of a handsome price cut. Citing company president Jim Wong, DigiTimes reports that Acer will slash the price of its Ultrabook offerings by as much as 20 percent next year, dropping them from around $1,000 to between $800 and $900. The cut, expected to go into effect during Q2 2012, will be followed by a subsequent reduction to $500 in 2013, when Acer expects more vendors to enter the market. The hope is that the manufacturer will be able to reclaim some of the ground it's lost to competitors in recent months, though it remains to be seen whether or not the strategy pays dividends.
Strategy Analytics: China leapfrogs US to become world's top smartphone market
The winds of tech consumerism are changing course. More specifically, they're heading east. According to the latest Q3 figures from Strategy Analytics, China is now the world's largest smartphone market by volume, overtaking the US for the first time. According to the research firm, smartphone shipments in China reached a record high of 23.9 million units during the third quarter of this year, up 58 percent from Q2. Compare that with the US, which saw shipments decline by seven percent over the quarter, to 23.3 million units. The Boston-based firm attributed much of China's growth to a spike in cheaper, Android-based handsets from companies like ZTE, as well as a flowering of subsidized higher-end models, like the iPhone. Nokia leads the way within the People's Republic, accounting for 28 percent of all quarterly shipments, followed by Samsung, with an 18 percent share. Find more quotes and charts in the press release after the break, or hit up the source link below for the full report.
Lenovo posts Q2 earnings, sees increase in profits, shipments and market share
The quarterly earnings stats just keep rolling in today -- this time, from Lenovo, which has just posted yet another stellar report. According to the company, profits for the second quarter of this year reached $145 million, marking an 89 percent increase over the same period last year. Consolidated sales, meanwhile, rose by 35.8 percent to a record $7.8 billion, giving Lenovo a worldwide quarterly market share of 13.5 percent, also its highest ever. Laptops, not surprisingly, were at the forefront of this surge, accounting for 57.5 percent of the company's total revenue, with PC shipments rising 35.4 percent over the year. Lenovo also saw a 25.4 percent increase in shipments to China, as well as a 54.5 percent year-over-year increase in shipments to mature markets, including Western Europe and the US. For more statistical delights, check out the full PR, after the break.
Novatel celebrates sale of 3 millionth MiFi Intelligent Mobile Hotspot with an intelligent rager
Today marks a momentous occasion for Novatel Wireless, because shipments of its MiFi Intelligent Mobile Hotspot have now surpassed the 3 million mark. The company confirmed the milestone in an announcement yesterday, and took a moment to look back on how far their router has come since it was first introduced in 2009. Since then, Novatel has launched its family of MiFi devices with 25 operators across the world and is looking to build upon its record. For now, though, just grab a bottle of bubbly and join the PR party, after the break.
Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories
Hon Hai Precision Holdings has just released its Q3 earnings report, and it probably did so with a whimper. That's because net profits fell to NT$19.2 billion (about $614 million) this quarter, marking an 8.6 percent decline from Q3 2010, when Hon Hai (aka Foxconn) reported a net income of NT$21 billion (around $702 million). The company blamed the decline on a slow economic recovery and its ongoing expansion in China, where new factories are being constructed across inland areas like Chengdu, Wuhan and Zhengzhou. These costs are still taking a toll on Hon Hai's bottom line, though analysts say the expansion could pay off in the long-run, thanks to the lower wages that Hon Hai will have to pay to maintain operations in these less affluent regions. Some are also hopeful that the iPhone 4S will help spur production heading into Q4 of this year, though its ultimate effect, of course, remains to be seen. Hit up the links below for more details and analysis.
HTC releases Q3 earnings report: profit up 68 percent, shipments soar 93 percent
It's been another stellar quarter for the folks over at HTC. According to the company's Q3 earnings report, released today, net income rose to NT$18.68 billion (about $624.6 million) this quarter -- a 68 percent increase over Q3 2010 and a seven percent bump over last quarter, when HTC reported record profits. Revenue, meanwhile, rose by 79 percent on the year to NT$135.8 billion (around $4.54 billion), which the manufacturer attributed to "strong brand recognition, leading product portfolio and expanded distribution channels." On a regional level, HTC saw the strongest growth in China, where sales increased by a factor of nine over the past year. This undoubtedly helped the company boost handset shipments, which increased by a whopping 93 percent over the year, to 13.2 million units. For more details and crunchy numbers, hit up the source links, below.
ARM doubles Q3 profit, sees surge in revenue, is understandably pleased
The news just keeps getting better and better for ARM Holdings. Today, the chip designer reported third quarter net profits of £31.5 million ($50.4 million), more than double the £14.8 million it reported during Q3 2010. Revenue, meanwhile, rose to $192.3 million -- a 22 percent increase over the previous year, and a slightly higher figure than previously expected. In a statement, chief executive Warren East attributed these results to a "continued high level of design activity, with many new customers licensing ARM technology for the first time, driven by end-market requirements for smarter, low-power chips." Indeed, a total of one billion ARM mobile chips were shipped this quarter (up ten percent from last year), and the company expects to rake in about $763 million in total revenue, by the end of 2011. Find figures and facts galore, at the source link below.
iPhone 4S pre-orders are in the mail
If you were one of the impatient million who jumped to pre-order an iPhone 4S, well, chances are your fancy new handset is already in the mail. A number of tipsters have reached out to us to share their shipment notification emails that just came in from Apple. All the packages we've seen are scheduled for delivery on October 14th, but we wouldn't be shocked if a few of those landed in customers hands a bit early. If you haven't already handed over your billing info, you'll be waiting at least a week or two longer. But, if you weren't camped out at your computer waiting for the 3am sale to begin, we're gonna assume you're not terribly concerned. [Thanks to everyone who sent this in]
Report: Foxconn's Brazil factory ready for business, will begin shipping iPads in December
It appears that Apple is about to expand its manufacturing operations to Brazil, where a new Foxconn factory is already in place and ready to churn out iPads, according to a report from national media outlet UOL. Aolizio Mercadante, the country's minister of science and technology, confirmed the news this week during a hearing held by the Commission of Economic Affairs. "At first many doubted, but it will be the first time that [Apple] will produce iPads outside Chinese territory," Mercadente said. "We are taking a big step for digital inclusion in the country." Located in Jundiaí, the new facility was constructed under a joint venture between Foxconn and the Brazilian government, with the former reportedly contributing $12 million to the initiative. Rumors of a South American expansion began circulating earlier this year, with many expecting Foxconn's Brazil-based operations to get underway during Q1 of 2012, according to DigiTimes. Construction, however, appears to have wrapped up ahead of schedule, with Mercadante claiming that iPad shipments will begin in December. Apple, for its part, has not commented on the report.
Smartphones out-ship feature phones in Europe, Samsung leads the way
It was probably gonna happen sooner or later, but a new report from IDC confirms it: smartphones are now out-shipping feature phones in western Europe. According to the company's statistics, only 20.4 million feature handsets were shipped to the Old World during the second quarter of this year, representing a 29 percent decrease from Q2 2010. Quarterly shipments of smartphones, on the other hand, increased by 49 percent to 21.8 million units, marking the first time that they've surpassed basic phone orders. Smartphones also comprised 52 percent of all mobile shipments, which shrunk by three percent, collectively -- something IDC's Francisco Jeronimo attributes, in part, to Europe's brutal economic climate and Nokia's steep decline (see chart). On the OS front, Android once again came out on top within the region, thanks to a whopping 352 percent year-to-year increase in shipments, while Samsung controlled the manufacturing side, with 33 percent of the European market. You can find more IDC math in the full PR, after the break. [Thanks, Pauly]
Fossil's Meta Watch delayed once again, clearly has trouble keeping time
If you were planning on outfitting your arm with a new Meta Watch this month, you're out of luck, because Fossil has just announced that the wristpieces won't start shipping until September. The watches, which use Texas Instruments' CC2560 Bluetooth controller to sync with smartphones, tablets or desktops, were originally scheduled for a July launch, but that timeline was eventually pushed back to August, due to part delays. Now, manufacturers have discovered a new batch of issues with the devices' programming clips (used for micro USB connections) and the analog-digital version's steel case, meaning that the pair won't reach Hong Kong distributors until the beginning of next month, after which they may take another one to two weeks before shipping to consumers. The countdown clock continues to tick away, but you can still pre-order a Meta Watch for $200, at the links below. [Thanks, Glen]
Apple eclipses Lenovo's sales in emerging Chinese market
As if Apple needed further incentive to take a victory lap around its billion dollar war chest, the company can now add greater China to its list of top performing markets. According to the Financial Times, Apple's third quarter China sales outstripped Lenovo's $2.8 billion first quarter results, racking up a commanding $3.8 billion lead in the PC maker's own backyard. Lenovo's CEO, Yang Yuanqing, was quick to dismiss the 'apples to oranges' financial comparison, citing his company's inability to compete in the mobile phone segment, and continued strong focus on personal computing. For what it's worth, Lenovo does separate out both Hong Kong and Taiwan sales from its mainland report, putting the company on unequal footing with Cupertino which includes the two markets in its total Chinese earnings. Still, Lenovo has plenty of reason to keep its chin up. It does, after all, have that dominating 31.7 percent market share to lord over Mr. Steve Jobs.
IDC and Gartner: US PC sales still sluggish, Apple, Toshiba see jumps in market share
IDC and Gartner have once again released dueling reports on the state of the PC market and, according to their numbers, the landscape's looking a little different. Gartner estimates that overall PC shipments during Q2 of this year increased by 2.3 percent from the same period last year, more or less concurring with the 2.6 percent global increase that IDC found. Things are looking a bit bleaker in the US, however, where quarterly year-to-year shipments are down (5.6 percent for Gartner, 4.2 percent for IDC), but have increased from Q1 of this year. On the corporate level, HP continues to dominate global shipments according to both reports, followed by Dell and Lenovo, which overtook Acer for third place. Stateside statistics, on the other hand, show a bit more severe shuffling among the top five, with Apple's US market share jumping to nearly 11 percent (good for third place) and Acer tumbling to fifth, thanks to a greater than 20 percent year-to-year decline in market share (see the table, above). In fact, among the top five, only Apple and fourth-place Toshiba increased their market share from Q2 of 2010 -- something that both research firms attributed, in part, to a weak consumer PC market and the rising popularity of tablets, led by the iPad. For a more thorough statistical breakdown, head past the break for a pair of comprehensive press releases.
Lenovo IdeaPad K1 begins shipment odyssey, courtesy of Office Depot
The IdeaPad K1's long, crazy journey of near-availability looks to finally be at an end. Lenovo's ethereal Honeycomb tablet has been popping up in online retail sites since May, teasing us with availability in June, and finally offering the promise of pre-order earlier this month. It seems that the plucky 10.1 inch Tegra 2 slate has taken the final step separating itself from the hands of consumers: getting sent out for shipment. One tipster passed along shipping confirmation from Office Depot that has the device lined up for delivery today -- assuming, of course that the recipient is there to answer the door in the eight and a half hour delivery window provided. [Thanks, Dan]
Report: Touchscreen demand to grow by 90-percent, led by mobile, tablet markets
This just in: people really like touchscreens, and their tastes aren't going to change anytime soon. That's the takeaway from a new report from market research firm DisplaySearch, which predicts that revenue from touch panel sales will hit the $13.4 billion mark by the end of this year, before soaring to nearly $24 billion by 2017. Shipments of capacitive touch displays, in particular, are expected to increase by 100-percent over last year, accounting for a full 70-percent of all tactile revenues. The mobile market still accounts for most of this industry-wide growth, but demand for touch-based tablets is accelerating considerably, with more than 72 million panels expected to ship this year, and 100 million projected in 2012. Jonesing for more numbers? Better gallop past the break to get your hands on the full PR.
