Consumer Electronics
Apple Stores' revenue reach USD6.4b in 4Q
Apple's retail stores revenue reached USD6.4 billion for the quarter ending December 2012, driven mostly by strong sales of iPhone 5 and iPad sales.
In a conference call for financial results of its first fiscal quarter 2013, the company disclosed that with average 396 stores open all over the world, revenue per store was USD16.3 million or USD1.25 million per store per week. This was slightly up the USD1.22 million revenue per store in the year ago quarter.
Apple to invest in Indonesia, says BKPM
The US technology giant Apple will invest some USD3 million in Indonesia in plans that could see the country become just the third in Asia to host an official Apple retail store, according to Chatib Basri, the head of the country's Investment Coordinating Board (BKPM).
Basri said Apple is planning to start by opening its official online store in Indonesia and will later open an official dealership for its products in Jakarta.
RetailWATCH: Tyco Retail Solutions Traffic Intelligence Offering Optimizes Store Performance and Helps Drive Incremental Revenue
Tyco Retail Solutions, a leading global provider of retail performance and security solutions sold through ADT and authorized business partners worldwide, today announced leading retailers such as Belle and GUESS are optimizing store performance and driving incremental revenue through Tyco’s Traffic Intelligence solution.
RetailWATCH: How Courts battled shrink, upped shopper engagement
Electronics and home appliance retailer Courts Singapore Pte Ltd. (Courts) offers a diverse line of home product brands, aimed at consumers who seek the best value for their dollar.
For Courts, catering to customers’ needs is essential, and this adage has never wavered since the retailer began operations in 1974 in Singapore.
Acer keeps No. 2 Asia-Pacific spot
Taiwanese computer maker Acer Inc. last year maintained its ranking as the second biggest PC vendor in the Asia-Pacific region in terms of market share, according to a US-based research firm. Acer, however, lost more ground to Lenovo Group Ltd. of China, the top ranked vendor in the region, International Data Corp. (IDC) said in a report last week.
Demand for flat screen TV surges across Southeast Asia
Demand for flat panel TVs in Southeast Asia have continued in 2012, selling over 8.3 million units in the first 11 months of the year, a 26 percent volume growth over the same period the previous year.
LCD is the most sought after TV type across the region, making up more than 9 out of 10 sets purchased by Southeast Asian consumers, according to GfK
Four of the six markets tracked by GfK – Malaysia, Vietnam, Thailand and Indonesia - registered 10 to 70 percent spike in sales quantity of LCD TV in the respective countries.
Mobile revolution in Myanmar is on the cards, but too slow for many
Myanmar is on the cusp of a mobile revolution. Only it's happening way too slowly for many locals.
A week ago the government invited expressions of interest for two mobile phone licenses – a first step towards increasing mobile penetration from its current 5-10 percent to 80 percent in three years.
That would lift it off the bottom of the world's ladder of mobile use and put it on a par with neighbours like Bangladesh.
In the meantime, users are chafing at the pace and price of adding connections.
Amazon MP3 Store optimized for iPhone, iPod touch
The Amazon MP3 store is now optimized for iPhone and iPod touch, allowing users to discover and buy digital music from Amazon’s 22-million song catalog using the Safari browser.
The Amazon MP3 mobile website for iPhone and iPod touches is built on HTML5, which means customers can make purchases directly from the Amazon MP3 mobile website www.amazon.com/mp3 on their iPhones and iPod touches.
Customers will also have access to Amazon features like personalized recommendations, best-seller lists and Amazon customer ratings.
Lenovo has opened an exclusive store for small units in India
Lenovo has opened an exclusive store for its customers in India's small and medium business segment.
Christened "Think", this is the seventh such store for Lenovo in the country and the first in the South. After this, the company would open Think branded stores across the South.
