Latest news with #shipments
Bloomberg
2 hours ago
- Business
- Bloomberg
Russia's Crude Shipments Rebound With a Rare Delivery to Japan
Russia's crude shipments rose in the four weeks to June 8 after a strong rebound in weekly flows. A Japanese refiner took the first cargo delivered to the G-7 nation in more than two years, underlining a growing ease among buyers in resuming dealings with Moscow. Flows averaged 3.36 million barrels a day in the period, tanker-tracking data compiled by Bloomberg show. That was a gain of 40,000 barrels a day from the 28 days to June 1, when flows fell to a five-week low. Shipments surged sharply on a week-to-week basis, driven by sizable gains from Baltic and Arctic ports.
Yahoo
a day ago
- Business
- Yahoo
China's exports climb 4.8% in May, below forecasts, as shipments to the US drop nearly 10% from a year earlier
BEIJING (AP) — China's exports climb 4.8% in May, below forecasts, as shipments to the US drop nearly 10% from a year earlier. Sign in to access your portfolio
GSM Arena
5 days ago
- Business
- GSM Arena
Smartphone shipments in LATAM fall 4% in Q1 2025, Samsung and Xiaomi in the lead Comments
Smartphone shipments in LATAM fall 4% in Q1 2025, Samsung and Xiaomi in the lead Comments
Yahoo
31-05-2025
- Business
- Yahoo
Apple iPhone Shipment Could Decline In 2025 As Tariff, Competition Play Spoil Sport: IDC
International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker expects global smartphone shipments to grow 0.6% year over year to 1.24 billion in 2025. IDC cut the forecast from 2.3% growth in February due to high uncertainty, tariff volatility, and macroeconomic challenges leading to a slowdown in consumer spending. Growth will remain in the low single digits throughout the forecast period, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used smartphones, as per IDC. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Despite the increased tensions, the U.S. and China are driving the 0.6% growth this year, according to the report. China is forecast to grow by 3% Y/Y, driven by government subsidies. In contrast, Apple Inc (NASDAQ:AAPL) is forecast to decline 1.9% in 2025 due to ongoing competition from Huawei, the overall economic slowdown, and the lack of subsidies for most of its models. However, heavy discounts during the upcoming 618 shopping festival and the anticipated iPhone 17 launch with significant hardware upgrades are expected to boost demand and limit further decline, the report stated. According to Anthony Scarsella of IDC, the U.S. Market is forecast to grow 1.9% in 2025, down from 3.3% in 2017, due to increased uncertainty and tariff-related price increases. Recent signals from the U.S. administration regarding potential tariff hikes on smartphones manufactured outside the U.S. further complicate long-term strategic planning for OEMs, according to Nabila Popal of IDC. However, India and Vietnam will likely remain the key alternatives to China for smartphone production. Still, additional tariffs of 20% to 30% on U.S.-bound smartphones could pose a serious downside risk to the current U.S. market outlook. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Image via Shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Apple iPhone Shipment Could Decline In 2025 As Tariff, Competition Play Spoil Sport: IDC originally appeared 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
Yahoo
31-05-2025
- Business
- Yahoo
Apple iPhone Shipment Could Decline In 2025 As Tariff, Competition Play Spoil Sport: IDC
International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker expects global smartphone shipments to grow 0.6% year over year to 1.24 billion in 2025. IDC cut the forecast from 2.3% growth in February due to high uncertainty, tariff volatility, and macroeconomic challenges leading to a slowdown in consumer spending. Growth will remain in the low single digits throughout the forecast period, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used smartphones, as per IDC. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Despite the increased tensions, the U.S. and China are driving the 0.6% growth this year, according to the report. China is forecast to grow by 3% Y/Y, driven by government subsidies. In contrast, Apple Inc (NASDAQ:AAPL) is forecast to decline 1.9% in 2025 due to ongoing competition from Huawei, the overall economic slowdown, and the lack of subsidies for most of its models. However, heavy discounts during the upcoming 618 shopping festival and the anticipated iPhone 17 launch with significant hardware upgrades are expected to boost demand and limit further decline, the report stated. According to Anthony Scarsella of IDC, the U.S. Market is forecast to grow 1.9% in 2025, down from 3.3% in 2017, due to increased uncertainty and tariff-related price increases. Recent signals from the U.S. administration regarding potential tariff hikes on smartphones manufactured outside the U.S. further complicate long-term strategic planning for OEMs, according to Nabila Popal of IDC. However, India and Vietnam will likely remain the key alternatives to China for smartphone production. Still, additional tariffs of 20% to 30% on U.S.-bound smartphones could pose a serious downside risk to the current U.S. market outlook. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Image via Shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Apple iPhone Shipment Could Decline In 2025 As Tariff, Competition Play Spoil Sport: IDC originally appeared 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
