Apple Issues Profit Warning, Cuts Revenue Outlook By $9 Billion Amid Pricey iPhone Sales Drop

tomorrow’s prices Apple CEO Tim Cook issued the Silicon Valley company’s first profit warning in 16 years, knocking $9 billion off its revenue outlook for the December quarter blaming the drop in iPhone sales on China’s slowing economy and consumers savvy-ness rather than on years of price gouging and the lack of product innovation. (Photo … Read more Apple Issues Profit Warning, Cuts Revenue Outlook By $9 Billion Amid Pricey iPhone Sales Drop

Apparel Sales Jump in September: 5 Stocks to Buy

Per Retail Metrics, total September same-store sales for apparel retailers came in at 7.9%, up from 7.8% from the year-ago period and compares with a 6.2% and 7.5% increase in August and July, respectively. It goes without saying that the apparel industry is on firm ground. September is considered the late back-to-school season. The late … Read more Apparel Sales Jump in September: 5 Stocks to Buy

Titan sees jewellery sales rising more than 25% in fiscal 2017-18

In the first half of 2017/18, Titan’s jewellery sale surged 47% to Rs61 billion. Photo: Pradeep Gaur/Mint Mumbai: India’s biggest-listed jeweller Titan Co. expects jewellery sales to leap more than a quarter this fiscal year as tighter rules on cash flows and a new sales tax hurt the mom-and-pop firms that dominate the business, a senior … Read more Titan sees jewellery sales rising more than 25% in fiscal 2017-18

Jewellers see no sparkle in sales this Dhanteras

Gold and jewellery sales may remain flat this Dhanteras amid sluggish demand from consumers despite relaxation in KYC norms for purchase, even as people fancied automobiles and electronic items, according to industry players. However, organised players like P C Jewellers, Kalyan, Talwar Sons and Jewellers are expecting 10-35 per cent jump in sales, thanks to … Read more Jewellers see no sparkle in sales this Dhanteras