#forecast

3:18am, 11th May, 2020

Ericsson raises 2025 forecast for 5G subscriptions due to pandemic

Sweden's Ericsson will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a consequence of the coronavirus outbreak, it said on Monday.

Japan's Sharp halves full-year profit forecast as virus hits tech demand

3:56am, 8th May, 2020

News

Japan's Sharp halves full-year profit forecast as virus hits tech demand

Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak.

Nintendo smashes Switch sales forecast as Animal Crossing sales top 13 million

2:45am, 7th May, 2020

News

Nintendo smashes Switch sales forecast as Animal Crossing sales top 13 million

Japan's Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horizons shifting 13.4 million units in its first six weeks.

Netflix forecast disappoints as streaming competition looms

5:18pm, 16th April, 2019

News

Netflix forecast disappoints as streaming competition looms

Netflix Inc gave a weak forecast on Tuesday that unnerved investors just as Walt Disney Co and others prepare to escalate Hollywood's streaming video wars, although the company's quarterly results beat Wall Street targets.

Activision Blizzard's first-quarter profit forecast misses estimates

4:57pm, 12th February, 2019

News

Activision Blizzard's first-quarter profit forecast misses estimates

Activision Blizzard Inc reported weaker-than-expected fourth-quarter revenue and forecast current-quarter revenue and profit below analysts' estimates on Tuesday, as it faces competition from "Fortnite" and invests more in developing its games.

Twitter shares sink after weaker-than-expected revenue forecast

11:09am, 7th February, 2019

News

Twitter shares sink after weaker-than-expected revenue forecast

Twitter Inc said on Thursday revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 7 percent in premarket trading.

Apple supplier AMS cuts forecast, indicating poor iPhone demand

7:16am, 15th November, 2018

News

Apple supplier AMS cuts forecast, indicating poor iPhone demand

Austria's AMS , which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.

Apple loses $1 trillion status after soft holiday forecast

12:57pm, 2nd November, 2018

News

Apple loses $1 trillion status after soft holiday forecast

Shares in Apple Inc fell 6 percent on Friday, cutting its market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone sales by saying it would no longer release the fig...

Apple gives cautious sales forecast amid weakness in emerging markets

3:58pm, 1st November, 2018

News

Apple gives cautious sales forecast amid weakness in emerging markets

Apple Inc on Thursday said sales for the crucial holiday quarter could miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets, foreign exchange costs and uncertainty whether the iPhone maker can keep up w...

Apple supplier AMS hit by forecast doubts amid chip slowdown

9:34am, 23rd October, 2018

News

Apple supplier AMS hit by forecast doubts amid chip slowdown

Apple chip supplier AMS AG disappointed investors with its fourth quarter forecast, knocking 25 percent off the value of its shares despite the Austrian firm winning deals with other smartphone makers.