David Richards – Page 109

Retailers Could Face Margin Canabalisation Issues With New iPhone 16 e

David Richards February 21, 2025 No Comments

Australian retailers and carriers looking for growth from Apple’s new iPhone 16e could be facing a problem if the new smaller device $999 device starts stripping sales form the more…

PC’s & Motorola Smartphones Deliver Double Digit Growth For Lenovo

David Richards February 20, 2025 No Comments

As tipped by ChannelNews Lenovo Group has posted a 20% jump in revenue in the last quarter driven by demand for AI infrastructure with demand for the Chinese Companies PCs…

Exlectrolux Announces Commercial Restructure Ahead Of Major New Product Launches

David Richards February 20, 2025 No Comments

Days after Melbourne bases Residentia announced a restructure of their commercial team Sydney based Electrolux have announced an expansion of their commercial team. The Electrolux restructure comes ahead of a…

Super Retail Group Shares Tank Despite 4% Lift In Revenues

David Richards February 20, 2025 No Comments

Super Retail Group the owner of BCF and Super Cheap Auto as well as Rebel who are retailers who have been growing their ranging of technology and CE accessories have…

Bunnings & Kmart Star Performers As Officeworks Goes After JB Hi Fi & HN Tech Business

David Richards February 20, 2025 No Comments

Bunnings, and Kmart have contributed to strong earnings growth with Kmart growing 7.2% and Bunnings 3.1%, Officeworks only managed 1.2%. Overall Wesfarmers delivered strong earnings with a 2.9% lift in…

Telstra Controlled Fetch TV Ramps Up Costs Flicks People But What About Their Future?

David Richards February 19, 2025 No Comments

Despite owning a 35% stake in Foxtel Group, Australia’s most successful streaming Company Telstra still went ahead and acquired a 51% share of struggling set top box business Fetch TV,…

HP Buys Struggling AI Pin Company In Effort To Shore Up Local AI In Notebooks & Tablets

David Richards February 19, 2025 No Comments

HP has moved to shore up the AI capability of their notebook’s tablets and communication devices with the acquisition of Humane the maker of a wearable Ai Pin. Humane owners…

Samsung Dominated TV Market In 2024, Gained OLED Share From LG

David Richards February 19, 2025 No Comments

Despite struggling in the Australian TV market Samsung Electronics captured 28.3% of the global TV market last year cementing their position for the 19th year as the #1 brand according…

Albo Set To Go On Spending Spree As Retailers Respond To Rate Cut

David Richards February 18, 2025 No Comments

Analysts are now tipping that the Albanese Labor Government could go on a mammoth spending spree in an effort to hold onto power with an election possibly called this weekend,…

RBA Cuts Rates, Full Statement Reveals Why

David Richards February 18, 2025 No Comments

The Reserve Bank of Australia cut the official cash rate by 25 basis points to 4.1%. The RBA claims that inflation has fallen substantially since the peak in 2022, as…