Worldwide shipments of wearable devices are expected to reach 101.9 million units by the end of 2016, representing 29.0% growth over 2015, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Continue reading “Wearables shipments to reach 213.6 million units worldwide in 2020: IDC”
Worldwide shipments of wearable devices are expected to reach 110 million units by the end of 2016 with 38.2% growth over the previous year, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Worldwide wearable devices sales to hit 274.6 million in 2016, up 18.4 percent from 232.0 million units in 2015, according to the latest forecast from Gartner. The market is further expected to grow to 322.69 million wearable electronic devices in 2017 from 232.01 million units in 2015.
The research firm IDC has updated its forecast about worldwide smartphone growth as it is now expected to grow just 10.4% in 2015 as compared to the original forecast of YoY growth of 11.3%.
Continue reading “Global smartphone growth expected to slow, shipments hit 10.4% in 2015 : Report”
Sony has predicted a staggering net loss of 230 billion yen ($2.1 billion) for its fiscal year ending next March. That is nearly five times the 50 billion yen loss the company’s previous forecast. The company said it would not pay a dividend this business year after it was hit by a 180 billion yen ($1.7 billion) impairment charge for its struggling smartphone division.
Continue reading “Sony seeks $1.7 billion loss due to sluggish smartphone sales”
BGR reports that RBC has raised Nokia’s Q3 outlook and said that the situation is not as dire as it appears. The analyst has set a target price of $9 and has said that the situation seems to be improving.
