Global Smartphone Market Plummets 14%, Apple Only Growing Vendor
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August 3, 2020
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The global smartphone market contracted by 14% in Q2 2020, with 285 million smartphones shipped, according to the latest figures from market... Read More
Amazon’s Sales Surge 40% As Shoppers Move Online
Amazon’s net sales increased by 40% year-on-year (y-o-y) to $88.9 billion in Q2 2020, as shoppers across the globe moved to online... Read More
Alphabet’s Revenue Falls For The First Time As Advertising Dries Up
Alphabet, which owns Google and YouTube, has recorded its first ever quarter of revenue falls, as advertisers cut down on spending during... Read More
Huawei Leads Global Smartphone Market For First Time, Despite Falling Sales Overseas
China’s Huawei shipped more smartphones worldwide than any other vendor for the first time in the second quarter of 2020, despite its... Read More
ACMA Launches Phone Scam Plan
SYDNEY: The Australian Communications and Media Authority (ACMA) has ramped up its efforts to help consumers combat scams, using a suite of... Read More
Canon Hit By WFH, Profits Down 32.3%
Canon has reported its first quarterly loss, with gross profits contracting by 32.3% and net sales were down 25.7% in Q2 2020.... Read More
Mobile Data Reveals How Activity In Melbourne Has Plummeted
According to mobile location data gathered by UberMedia and Roy Morgan, has revealed that activity in Melbourne has fallen dramatically during the... Read More
Dicker Data’s Revenues Up 18.1% On The Back Of COVID-Driven Demand
Dicker Data, one of Australia’s leading value-added distributors of hardware, software, cloud and emerging technologies, has recorded a strong H1 2020, led... Read More
Foxtel Commit $2.5M To Support Mental Health Charities
Foxtel has announced a two-year, $2.5-million commitment to raise awareness and support for community mental wellbeing, through relationships with Raise Foundation, ReachOut... Read More
David Jones Sales Down 8.1%, But Says Foot Traffic Is Improving
Sales at David Jones – which is owned by South Africa’s Woolworths Holdings – have fallen by 8.1% year-on-year in the last... Read More
COVID Scare At Costco Store In Australia
Costco has confirmed that a person who tested positive for COVID-19 shopped at the Costco store in Marsden Park, NSW on Sunday... Read More
COVID Forces Disney To Postpone Mulan, Star Wars & Avatar
Walt Disney Co has announced that its live-action film ‘Mulan’ has been postponed indefinitely. The movie’s release date had already been pushed... Read More
Netflix & YouTube Return To Normal Bit Rates, Increasing Pressure On Telecos
The country’s telecos companies are working to cope with the added pressure on their networks, as both Netflix and YouTube return to... Read More
Vicinity Shopping Malls Worth $1.8B Less Because Of COVID
Vicinity Centres has announced that independent valuations of its 60 directly owned retail properties have resulted in a net valuation decline of... Read More
TV Service Subscriptions Surge During COVID, Oz Hits 15.7M Viewers
TV streaming services have surged in Australia during the COVID-19 lockdowns, with 878,000 Australians gaining access to a TV subscription service from... Read More
Oz Retail Turnover Up 8.2% Y-o-Y In June, Despite Some COVID Restrictions
Australian retail turnover rose by 8.2% year-on-year in June 2020, according to the preliminary retail trade figures released by the ABS. In... Read More
Logitech’s Growth Accelerates During COVID, Revenue Up 23%
In the second quarter of 2020 Logitech’s sales rose by 23% year-on-year (y-o-y) to $792 million, driven by demand for technology during... Read More
How COVID Is Changing Retail Landscape For Good
Market research firm McKinsey has found that the COVID-19 pandemic is rapidly changing the retail landscape, and many of these new trends... Read More
Work-From-Home Here To Stay, New Report Suggests
MELBOURNE: Many employees currently working from home due to the coronavirus may never have to return to the office, according to a... Read More
Vodafone Linked To Massive West Australian Data Breach
PERTH: The medical details of scores of West Australians have been hacked and posted online in one of the State’s biggest privacy... Read More
JobKeeper Extended To March 2021 But With Lower Payments
The federal government has announced that the JobKeeper scheme will be extended until March 2021, but a two-tier payment structure will be... Read More
Commercial Property Owners Hit By Low Retail Footfall & WFH
With footfall still down at the country’s shopping malls, retail property owners continue to be hit by the COVID-19 crisis as retailers... Read More
Gov Claims Covid ‘Success’ Will Attract Big Movie Makers To Oz
CANBEERA: Australia’s relative success in managing Covid-19 is being promoted by the Morrison Government as an incentive to attract more international makers... Read More
Consumers Turn Away From Premium Products In COVID Crisis
According to a July study from market research firm BCG, consumers have reduced their spending on luxury products, jewellery, clothing, footwear, accessories,... Read More
82% Of Companies Plan To Let Employees WFH Some Of The Time
Gartner found in its latest survey that 82% of company leaders plan on continuing to allow their employees to work from home... Read More
Online Channels Account For A Record 28% Of Global Smartphone Sales
Market research firm Strategy Analytics estimates that online retail channels will account for a record 28% of all smartphone sales worldwide in... Read More
Gov Boosts Local Film Industry With $400M
The federal government has committed $400 million to help Australia’s film and TV industry recovery from the COVID-19 pandemic. This funding will... Read More
WFH Survey: 70% Of Corporate Employees Have Bought Tech Since COVID
A new global research report ‘Technology and the Evolving World of Work’ by Lenovo found that seven-in-ten of employees surveyed globally had... Read More
Wonders Never Cease: Heineken Offers Aussies Beer-Free Beer
SYDNEY: Covid-19, robotics and beer? The three mightn’t seem to belong together but the Heineken company has been joining them up in... Read More
Covid Scams Snare $1.79 Million
SYDNEY: The Australian Competition and Consumer Commission says its ScamWatch operation has now received more than 3400 scam reports mentioning the coronavirus.... Read More
VIC COVID Cases Wipe June’s Gains In Consumer Sentiment
The Westpac-Melbourne Institute Index of Consumer Sentiment fell 6.1% to 87.9 in July, reversing all of last month’s impressive gain. This takes... Read More
COVID-19 Has Already Cost Global Economy US$3.8Trn
According to a University of Sydney study, consumption losses caused by the COVID-19 pandemic have amounted to more than US$3.8 trillion, triggering... Read More
Chinese Brand Hisense Slashes Thousands Of Jobs, New TV Range Lacks Apps
Chinese TV and appliance Company Hisense has moved to slash thousands of jobs due to COVID-19, what’s not known at this stage... Read More
COVID Habits: 44% Of Australians Still Spending More Time In Front Of A Screen
According to the most recent ‘Household Impacts of COVID-19 Survey’ conducted by the Australian Bureau of Statistics (ABS) over 24th-29th June, 44%... Read More
Canalys: ‘Notebooks Have Pulled The PC Market Out Of Depression’
According to the latest figures from market research firm Canalys, the global PC market enjoyed a stellar recovery in Q2 2020 as... Read More
Will Afterpay Hit A Wall When Gov Subsidies End?
Afterpay’s share price has skyrocketed in recent months, hitting a record high of $73.50 last Thursday, compared to $8.90 in March, representing... Read More
Strategy Analytics: ‘AR/VR To Take Off As We Adjust To A New Normal’
According to the latest forecasts from market research firm Strategy Analytics, the global AR/VR markets will have a strong recovery in 2021,... Read More
PC Shipments Continue To Grow Up 11% Despite Limited Stock
In the second quarter of 2020 the traditional PC market – which includes desktops, notebooks, and workstations – grew by 11.2% year-on-year... Read More
Will CE Retailers In Vic See Another Surge During Round 2 Lockdowns?
While the retail sector as a whole was hit hard by the first round of COVID-19 lockdowns, the country’s major CE retailers... Read More
Consumer Confidence Continues To Fall As COVID Cases Resurge
The ANZ-Roy Morgan Consumer Confidence index is now at its lowest point in nearly two months, at 92.1 – some 25.5pts lower... Read More
CE Distributors: ‘Border Closure Won’t Stop Deliveries’
Hours out from the closure of the NSW and Victorian border, CE, appliance and audio distributors told ChannelNews that they do not... Read More
COVID Shopping: Afterpay Sales Up 127%
Afterpay has witnessed substantial growth over the past financial year, with sales accelerating in Q4 FY20 – underlying sales rose 127% that... Read More
Samsung’s Stronger-Than-Expected Earnings Point To Recovery
Samsung exceeded expectations for Q2 2020, suggesting that the company may be recovering from the disruptions caused by the COVID-19 pandemic. The... Read More
Business Confidence Up 5.7% In June, Led By WA, NSW & QLD
In June the Roy Morgan Business Confidence index continued to recover, rising by 5.7% to 95.0, which puts it at a similar... Read More
Oz Printer Market Down 33.8%
According to the latest figures from the IDC Worldwide Quarterly Industrial Printer Tracker, the industrial printer market in Australia and New Zealand... Read More
Vic Premier Desperate Dan Set To Screw Up Recovery, New Report
Victoria’s failure to contain the spread of COVID-19 will see retailers face a new threat that could affect the overall profitability of... Read More
Oz Retail Turnover Up A Record 16.9% In May
According to the final retail trade figures for May 2020 from the Australian Bureau of Statistics (ABS), turnover rose 16.9% that month.... Read More
COVID-19 Boosts Australia’s Online Retail Sales By 50.4%
The NAB Online Retail Sales Index rose by 50.4% year-on-year (y-o-y) in May, following April’s record y-o-y growth of 58.5%. “While online... Read More
Melburnians Given Free Month Of BINGE As COVID-19 Lockdowns Kick In
With COVID-19 cases in Melbourne on the rise again, and some suburbs being put into full lockdown, Foxtel’s BINGE is working to... Read More
Consumer Confidence Falls 4.6%, As Melbourne’s COVID-19 Cases Surge
The ANZ-Roy Morgan Australian Consumer Confidence index fell by 4.6% last week, as the number of COVID-19 cases in Melbourne began to... Read More
