Cloud, cloud, cloud, followed by Office, gaming, Surface and then Windows: By now, Microsoft has laid out its priorities, and the financial results Microsoft reported Wednesday afternoon reflected this. For consumers, the high point of Microsoft’s fourth-quarter calendar 2019 results was the fact that Microsoft reported $1.98 billion in Surface ... Read More »
Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 ... Read More »
Investors are in for a surprise when the September quarter results are declared. This will be the first earnings season post-goods and services tax (GST) and differences in how sales will be recorded now are likely to distort reported growth figures. Companies have cautioned about this in their analyst meets ... Read More »
The year kicked off with buyers across the country racing to lock in rising mortgage rates and close on homes—except in one surprising region. Sales of existing homes, which have previously been lived in, rose 3.3% from December to January, according to the most recent National Association of Realtors® report. The 5.69 ... Read More »
The real estate sector of the Mumbai Metropolitan Region (MMR) suffered a loss of around Rs9,100 crore as the residential market sales fell in the last three months after demonetisation. The state government too lost at least Rs460 crore as stamp duty during the period between October and December 2016, ... Read More »
The demonetisation drive by the Modi government has had an impact on the real estate sector with the number of enquiries and walk-ins by homebuyers falling by almost half as they postpone purchase decisions and wait for a further fall in prices. A substantial decrease in enquiries and walk-ins has ... Read More »
New Delhi: Realty firm Sobha Ltd’s sales bookings rose by five per cent during the July-September quarter to Rs. 518 crore on increase in volume as well as realisation. The Bengaluru-based firm expects to achieve a sales target of Rs. 2,000 crore this fiscal year. According to a company presentation, it sold 8,55,662 square feet ... Read More »
Lego enjoyed an 11% increase in sales in the first half of this year compared with the same period in 2015. The Danish toy company, best known for its building bricks, had a turnover of 15.7bn Danish kroner (£1.8bn). However, net profit fell slightly to 3.5bn DKK (£393m) from 3.6bn ... Read More »
Samsung says it is suspending sales of its Galaxy Note 7 smartphone after finding batteries of some of the gadgets exploded while they were charging. Koh Dong-jin, president of Samsung’s mobile business said Friday that customers who already bought Note 7s will be able to swap them for new smartphones, ... Read More »
Autobytel Inc. (Nasdaq:ABTL), a leading provider of online automotive services connecting consumers with dealers, today announced it has launched the fifth installment of the Autobytel Dealer Insight Series. The video education series is a quarterly training program designed to help dealers increase sales and improve the car buying experience for ... Read More »
Whole Foods sales continue to struggle with the company reporting its forth consecutive quarter of declining sales at stores open at least a year. Just a year since the grocer was accused of price-gouging, profits have dropped 22 percent from 2015 and sales, while growing overall 2 percent, were still ... Read More »
A few years ago, Polly gave a speech to a Fortune 500 company’s national sales force. Her topic was how to tailor your sales pitch to the personality type of your prospective customer. The technique she described was, and is, a powerful one once you get the basics down. The technique focuses on ... Read More »
