As many have noted of late, e-book sales are slipping, and Publishers Weekly's Jim Milliot has a report on how slowing e-book sales hit profits of two big publishers, S&S and HarperCollins: Parent company News Corp blamed
the weak sales performance on lower Divergent sales and lower e-book sales.
Barclays» James Anstead and Nicolas Champ: «Given ASDA's
weak sales performance - and difficult market positioning in a world where the discounters have successfully occupied the price end of the market - we think it would hardly be surprising that Wal - Mart could be open to considering options for its UK business.
With Albertsons contending with
weak sales performance in the last two years, and struggling to keep up with whatever Amazon.com has planned with Whole Foods Market and all the investments Walmart is putting into grocery pickup, it's clear it needed a deal.
Not exact matches
The company attributed the
performance to its international business, where it saw higher expenses, lower profit margins and
weaker gains from
sales of assets.
Shares in AMS, which provides the facial recognition technology used in Apple's iPhones, jumped 7 percent after Apple surprised the market with solid iPhone X
sales, confounding fears of a much
weaker performance.
EMC reported a 2.5 % fall in quarterly revenue, as strong
sales in its enterprise software division failed to offset
weak performance in its traditional data storage business and a strong dollar.
The slump was related to higher material costs and a
weaker performance among its nickel - battery products, historically the firm's biggest revenue source, because of the global slowdown and
weaker power tool
sales.
At the start of the third quarter consumers eased off on spending at department, electronics and furniture stores as retail
sales stalled in July, marking the
weakest performance in six months, Commerce Department figures showed yesterday in Washington.
Auto
sales have been on a bit of a roller coaster ride this year, with a
weak performance in February followed by a jump in
sales for some automakers in March.
Organic
sales growth trends held steady at a 1 % decline, and while that
performance met management's reduced outlook, it was still quite
weak.
As Coles posted its
weakest sales growth in nine years, incoming Wesfarmers boss Rob Scott made clear he would not be distracted by short - term
performance.
It was perhaps even more concerning, given that the decline came despite a 13 % increase in
sales of digital content, which would seem to indicate that it is
weak demand for Nook devices themselves that is dragging down the division's
performance.
On a closing note, there is a
weak positive correlation in most mature industries between stock price
performance and relative decreases in share count, assets, and
sales.
Of course, Simon de Pury blames the
performance on
weak Imp / Mod
sales the week before.
Valve has been working to reassure members of its community that it has not yet thrown in the towel on SteamOS and Linux gaming systems that have been hampered over the years due to
performance issues, soaring
sales on mainstream rival platforms, and generally
weak demand for Steam Machines.