Demand for smartphones and PCs has been on the wane, but Apple’s latest results beat estimates and prove that it can defy industry trends. However, declining iPad sales remain a cause of worry. Will its enterprise push pay off? >>>
Social networking site Twitter (NYSE: TWTR) continues to fumble through its quarters. As quarterly metrics remain unimpressive, the market is beginning to lose patience. Last quarter, Twitter announced co-founder Jack Dorsey as its new permanent CEO. Now the market expects him to deliver a quick miracle.
Google, (Nasdaq: GOOG), also known as Alphabet has been on a roll. In its new avatar, the company appears to have put in added focus on the mobile and cloud initiative. And like the other tech players, it is also seeing impressive results from this move.
It appears to be the quarter of the Cloud as most technology companies are delivering strong results, all thanks to their Cloud computing focus. Earlier last week, Amazon surprised the market with a stunning performance and now it is Microsoft’s turn to follow.
Last week Amazon (Nasdaq: AMZN) delivered a spectacular quarterly performance, proving to the world that their business model works. Their investments in the Cloud service have paid off and coupled with international expansion, there appears to be nothing that can stop them now.
Earlier this week, eBay (Nasdaq: EBAY) announced their first ever quarterly results post spinning off PayPal. Any concerns about there being life for eBay after PayPal were put to rest by the announcement of the latest quarterly results, which surpassed market expectations.
Three years back, Marissa Mayer took on Yahoo’s (Nasdaq: YHOO) leadership to turn around a failing company. Today, Yahoo does not appear to have done significantly better. Quarterly results continue to disappoint and their flailing attempts to fix a broken ship don’t appear to be bearing much results.
According to a recent study on e-commerce sales conducted by RetailMeNot, the e-commerce retail industry in Europe is expected to grow 18% in 2015 to €185.39 billion (~$210.3 billion). Strong growth is expected across the continent with the United Kingdom projected to grow 16% this year. Even Germany which is a much mature market is expected to see 23% growth this year. Billion Dollar Unicorn player Zalando is benefiting from this strong growth in the market.
According to eMarketer, worldwide business-to-consumer (B2C) e-commerce sales are expected to reach $2.3 trillion by 2017. Billion Dollar Unicorn Club member Mogujie, which started as a Chinese Pinterest clone, turned to e-commerce and social shopping for monetization, much before Pinterest did. >>>
According to Packaged Facts research firm, online spending on groceries was estimated to have generated about $23 billion in sales in 2014, a tiny 3.4% fraction of the total grocery spending of nearly $670 billion. Online grocery sales are however expected to quadruple to nearly $100 billion by 2019. It is a sector that is attracting big and small players. Billion Dollar Unicorn club member Instacart is attracting attention due to its unique business model. >>>