Tag Archives: sales

While subscription gaming services have been on the rise for the past few years, thanks largely to the growth of Microsoft’s Xbox Game Pass platform, the shift in consumer spending and consumption hasn’t followed. Instead, subscription platforms and the smaller cloud gaming services often bolted onto them make up a tiny slice of the overall global games market. It may take years or perhaps even decades, alongside major advances in internet speeds and coverage as well as streaming… Source link

Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending, which has already been easing after pandemic-fueled highs. The company said first quarter sales rose 23% from the year-ago period, the lowest rate for the tech giant since late 2020. The company at the time saw a period of massive sales growth, as small and large businesses… Source link

Google parent Alphabet Inc. GOOG -1.62% is expected to report strong sales growth despite global economic turmoil, propelled by digital advertising spending in its core search business. Rising inflation, supply chain disruptions, Russia’s war on Ukraine and other factors have weighed on the economic outlook and, analysts say, companies’ appetite to spend on ads. Snap… Source link

Google parent Alphabet Inc. GOOG -3.04% posted slower sales growth as global economic turmoil disrupted digital advertising spending that has already been easing after pandemic-fueled highs. The company said first-quarter sales rose 23% from the year-ago period, the lowest rate for the tech giant since late 2020. The company at the time saw a period of massive sales growth, as small and large businesses… Source link

Housing activity slowed for a second straight month in March. Existing home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from a month earlier, according to the National Association of Realtors (NAR). Home sales fell across all regions in the U.S. from February. The NAR also revised February existing home sales downward to 5.93 million from 6.02 million. The number of sales was down 4.5% from the same month a year ago. The results came in better than analysts’… Source link

The housing market in the U.S. may finally be cooling off. Pending home sales, a leading indicator of the health of the housing market, declined for the fourth straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 4.1% in February from January and dropped 5.4% from the same month a year ago. The results were disappointing as analysts predicted a 1.0% increase in sales from a month… Source link

Homebuying activity faded in February. Existing home sales declined 7.2% to a seasonally adjusted 6.02 million units in February from a month earlier, according to the National Association of Realtors (NAR). The number of sales was down 2.4% from the same month a year ago. January home sales figures were revised slightly down to 6.49 million from 6.5 million. The results came in much higher than analysts’ expectations of a 6.2% month-over-month decline to 6.1 million units, according to… Source link

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased moderately in February as more expensive gasoline and food forced households to cut back spending on other goods like furniture, electronics and appliances, which could restrain economic growth this quarter. The report from the Commerce Department on Wednesday, however, showed the rebound in sales in January was much stronger than initially estimated. Record gasoline and high food prices are hitting lower-income households… Source link

After seemingly forgetting that Android tablets existed for a while, Google is suddenly very invested in the market. Android 12L is in development to support larger-screened devices, and one of the platform’s co-founders, Rich Miner, has rejoined the team with the title “CTO of Android tablets.” Now, speaking to developers during an episode of Google’s The Android Show, Miner explained the opportunity the company is seeing (via 9to5Google). Miner references the introduction of… Source link

As the war in Ukraine continues, companies as varied as Exxon, Visa, McDonald’s and Coca-Cola have suspended sales in Russia. Tech companies like Adobe, Apple and PayPal have joined in over the last couple of weeks. We queried the world’s top cloud infrastructure vendors (including Amazon, Microsoft, Google, IBM and Cloudflare) to find out how each was reacting to Russia’s attack on Ukraine. Each company let their public blog posts stand as the message they… Source link