Latest news with #PCs
RTÉ News
4 hours ago
- Business
- RTÉ News
Games group Embracer's profit misses market view amid catalogue softness
Swedish gaming company Embracer has today reported a first-quarter operating profit that was well below analysts' estimates, flagging catalogue softness for the business developing games for PCs and consoles. That softness was due to launches of competing games in the quarter that took players' time and attention, leading to a slowdown in gamer acquisition for Embracer's Kingdom Come Deliverance II, which was launched in February, it said. As the pandemic-era surge in gaming recedes, delayed game releases and rising PC and console prices, exacerbated by US import duties, are dampening the industry's growth. Worsening consumer sentiment is also forcing video game developers to rethink their business models and the production process for their titles. Embracer, the owner of the Tomb Raider franchise, last year decided to split into three listed companies after being hit by development delays, weak demand and the collapse of a planned strategic partnership. Last month, its French peer Ubisoft said it planned to split its business into "creative houses" based on specific genres, following a quarterly earnings miss. The gaming group reported an adjusted operating profit of 75 million Swedish crowns ($7.9m) for its fiscal first quarter, compared to analysts' consensus of 141 million crowns compiled by it.
The Star
11 hours ago
- Business
- The Star
Chinese PC maker Lenovo fiscal Q1 profit doubles, revenue up 22%
An employee gestures next to a Lenovo logo at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee/File photo BEIJING: China's Lenovo on Thursday reported a 108% rise in first-quarter profit despite challenges from U.S. tariff policies. Net profit attributable to shareholders was $505 million, above the consensus estimate of $307.7 million. Overall revenue at the world's largest personal computer maker for the three months ended June 30 climbed 22% year-on-year to $18.8 billion , ahead of analysts' expectations of $17.4 billion, according to LSEG data. The U.S. and China have extended a tariff pause for another 90 days, averting triple-digit duties on each other's goods and offering temporary relief to businesses on both sides. Despite the truce, Chinese exports to the U.S. - including PCs - currently face a 30% levy, while U.S. exports to China face a 10% tariff. - Reuters Trading ideas: Yinson, Iris, MR DIY, ES Sunlogy, Avangaad, Magma, PetChem, VSTECS, Master-Pack, RCE Capital, Eonmetall
Gizmodo
2 days ago
- Gizmodo
Dell 6-in-1 USB-C Multiport Docking Station Is Back at Practically Free With Nearly 70% Off at Best Buy
While all laptops and PCs come with at least the essential ports, they are not always enough. A setup that worked well for you a year ago might feel limiting now, and unless you need a full performance upgrade, replacing your entire setup for just a few more ports isn't worth it. In most cases, a multiport adapter can handle the job just as well for a fraction of the cost, and right now, it's even more affordable. Best Buy is currently offering the Dell DA305 6-in-1 USB-C multiport adapter docking station for just $30, saving you $50 off (-63%) the regular price. It's practically pocket change for a travel-friendly hub that will last you years, through all your laptop upgrades. See at Best Buy Dell calls this dock the smallest and lightest 6-in-1 adapter, and we're not arguing. It measures about 2.75 inches across and is pretty lightweight to carry around. The patented cable management design lets you retract and store the USB-C cable neatly inside the body when it's not in use. Workers not from home will especially appreciate the portability, since it doesn't take up too much space in backpacks and carry-ons. The compact dock gets you six ports that cover all bases. We're talking HDMI 2.0 and DisplayPort outputs for an external monitor at up to 4K resolution and 60Hz, two USB-A 3.2 ports and one USB-C 3.2 port for accessories like external storage, and a Gigabit Ethernet port for a stable wired internet connection. The USB ports support up to 10Gbps transfer speeds, so moving files around will be a matter of seconds. Best of all, the adapter offers up to 90W USB-C power pass-through, so you can charge your laptop in the background while keeping all your devices connected and working. And for when you need to switch power sources, the Fast Role Swap feature keeps your monitor and internet connection up and running while the adapter transitions. Overall, anyone who needs more than the ports on their laptop but doesn't want a bulky solution, this 6-in-1 docking station might be all you need. At under $30 and in a portable frame, you're getting great connectivity, power pass-through, and even 4K display support. Speedy file transfers make it great for students, work professionals, remote workers, and even gamers. Just be sure to get your orders in soon, since we don't expect the discount to last long on Best Buy. See at Best Buy
Yahoo
02-08-2025
- Business
- Yahoo
HP Stock Outlook: Is Wall Street Bullish or Bearish?
Palo Alto, California-based HP Inc. (HPQ) is a leading provider of PCs and other hardware devices, including printers, hard disks, and more. Valued at $23.6 billion by market cap, HP's operations span the Americas, the Indo-Pacific, and EMEA. The PC designer has significantly underperformed the broader market over the past year. HP stock has plunged 24% on a YTD basis and 30.2% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 7.8% gains in 2025 and 16.6% returns over the past year. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now? This High-Yield Dividend Stock Just Slashed Its Payout. Is It Time to Sell Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Zooming in further, HP has also lagged behind the Technology Select Sector SPDR Fund's (XLK) 13% gains in 2025 and a 25.2% surge over the past 52 weeks. HP's stock price dropped 8.3% in the trading session after the release of its mixed Q2 results on May 28. While the company's printing revenues took a 4% hit, its personal systems' net revenues observed a significant 7% growth compared to the year-ago quarter. This led to a 3.3% increase in HP's overall topline to $13.2 billion. However, the company failed to deliver on efficiency and experienced a notable increase in unexpected expenses. This led to a 16.5% year-over-year decline in non-GAAP net income to $678 million. Furthermore, its non-GAAP EPS of $0.71 missed the consensus estimates by 11.3%, despite its revenues surpassing the Street expectations by more than 1%, signifying a major failure in cost control measures. For the full fiscal 2025, ending in October, analysts expect an 8.6% year-over-year decline in non-GAAP EPS to $3.09. Moreover, the company has a poor earnings surprise history. It has missed the Street's bottom-line estimates in each of the past four quarters. The stock maintains a consensus 'Hold' rating overall. Of the 14 analysts covering the stock, opinions include three 'Strong Buys,' 10 'Holds,' and one 'Strong Sell.' This configuration is slightly more bearish than two months ago, when one of the analysts gave a 'Moderate Buy' recommendation. On May 29, Wells Fargo (WFC) analyst Aaron Rakers maintained an 'Underweight' rating on HP and reduced the price target from $35 to $25. HP's mean price target of $27.26 suggests a 9.9% upside from current price levels, while the Street-high target of $34 represents a staggering 37.1% premium. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
30-07-2025
- Business
- Business Standard
Electronic devices can breathe easy, for now as US spares chip goods
Electronics products that use semiconductors like mobile devices, laptops, personal computers (PCs) and servers will continue to enjoy tariff exemptions on their entry into the United States, which on Wednesday announced a 25 per cent duty on Indian goods. The tariff will be imposed only on the value of the semiconductor which is in the electronics product, and not on the whole product. But the respite may not last long. The US is conducting a Section 232 investigation launched in April 2025 on whether imports of these products and related technologies pose a threat to its national security. A final call on tariffs, or action, will be taken once the investigation report is out, according to top executives of mobile companies which export to the US. The report is expected to be tabled soon. As part of the investigation, the US department of commerce was looking at various aspects like foreign government subsidies, supply chain dependencies and domestic production capacity. Initially, the probe was focussed on semiconductors and semiconductor manufacturing equipment. But the scope of the probe was later extended to include smartphones, laptops which use semiconductor and other electronic products which were exempted from the US reciprocal tariffs. But it offers a temporary reprieve to companies like Apple Inc., which under the existing plan were not paying any duty for exports of mobile devices from India. It has given them a big advantage over China which was slapped a 20 per cent fentanyl tax even though phones were in the exemption list. As a result, Apple has been pushing exports from India to the US, one of its largest markets. However, the future scenario will depend on the decision taken by the US commerce department and the final tariffs which they plan to impose on countries. Senior executives in mobile companies are hopeful that like in his first term as president Trump will continue to keep mobile devices under the exemption list. However, Trump has been pushing Apple to manufacture in the US and has chided its CEO Tim Cook that it should not assemble them in countries like India. The Trump administration, in the interim 90-day period ending August 1, had kept mobile phone exports at zero tariff for India, while China was imposed a 20 per cent fentanyl tax on mobile phones. However, the US and China in the interim had also agreed on sharply reducing their overall tariffs, like in the case of the US from 145 per cent to 30 per cent. However, the two countries agreed on a 90-day period to seal a final agreement, which now can be extended again. Experts say based on scenario one, if the US decides to allow import of iPhones finally at the current rate of 20 per cent, China will have a clear advantage. Especially, as there is a cost disability in making iPhones in India even after the production linked incentive scheme of around 8-10 per cent. In scenario two, if the tariffs across all products are pegged at 30 per cent, including mobile phones, and the fentanyl tax is withdrawn, India's tariff advantage of 5 per cent will get more than neutralised by a higher cost of production in India. However, if the US continues to impose fentanyl tax over and above the 30 per cent tariff, India will certainly continue to have an advantage over China. The new taxes could also make other countries look attractive, Vietnam with a 20 per cent tariff and a cost of production advantage over India.
