Sentences with phrase «cites weak demand»

Apple (AAPL.O) dropped 1.1 percent after Goldman Sachs cut its March and June quarter sales estimates for the iPhone, citing weak demand.

In a statement to the Wall Street Journal, the president of Sprintâ $ ™ s business markets group Paget Alves has confirmed that the carrier will not release the initially planned 4G WiMax version of the RIM PlayBook, citing weak demand from business customers.

According to Reuters, the US carrier will no longer stock BlackBerry devices in its retail stores citing weak demand among everyday consumers.

Bloomberg said last week that the company is reducing its inventory for the third and fourth quarter, citing weak demand.

Not exact matches

Frank Del Rio, president and CEO of Norwegian, cited four main reasons for revising its guidance, including «continued weak demand from our core North American consumer for European sailings at a time when half of our fleet is deployed in the region, including eight of our highest yielding ships.»

It cited ongoing weak demand from the power and gas sector.

In the Conference Board's Index of Business Confidence survey, business leaders cited weak market demand, government policies, a shortage of qualified staff, and the depreciation of the Canadian dollar (which increases the cost of imported technology and machinery) as reasons for not investing.

Citing weak external demand and the prospect of below - trend growth, the Bank of England cut official interest rates by 25 basis points in July.

With revenue at such a level, «there is a strong likelihood that E Ink will drift into the red during the first half of the year,» Chen said, citing weak seasonal demand for ebooks.