1060 days ago
After the major disappointment of the Wii U, which failed to replicate the success of the the Wii, Nintendo launched the Switch in 2017. Today, less than four years after the official release date, the gaming company has already sold 85 million units, putting the switch in position to become the most successful home console of all time.
1060 days ago
Douyin is not only in the ads business, but also in live streaming and e-commerce as well as community and local life circles putting it in a great position to grow into any business channel it so desires. Last year, Alibaba’s Taobao Live generated over 400 billion yuan ($62 billion) of gross merchandise value and Kuaishou Technology’s social platforms hosted 381 billion yuan of transactions, more than double Douyin’s. But Douyin's momentum shows that this could reverse going forward.
1060 days ago
It the end, the product dictates revenue. And AirPods are a very successful product. While they could seem like a minor revenue for Apple, their revenue beats that of companies like Adobe, Nvidia, Uber and Spotify. Will they take on Netflix and Tesla this year?
1060 days ago
By exploiting their deep ties with millions of users, tech companies have managed to extend their reach deeper into some of the services delivered on their platforms. Apple's move into services, for example, lifted its gross profit margin by 42%, compared to the usual 38% it shows.
1060 days ago
... and a drop in Sony'
s share price following this problem. Despite the supply problem, the demand has been roaring for more units, and it does not look to be fading any time soon in 2021. Still, the company’s latest earnings report suggests that stay-at-home demand is leveling off. Sony said monthly active users on PlayStation Network fell to 109 million at the end of the January-March period from 114 million a quarter earlier and sales of full games also declined in the period from a year earlier.
