Sbi quarterly results q1 2019

Morgan Stanley has raised its AAPL price target to $164 on blockbuster Apple December quarter results, and said that products like the iPhone could see continued strength in the second quarter. In a note to investors seen by AppleInsider , Morgan Stanley analyst Katy Huberty said that some of the highlights of Apple's Q1 2021 earnings report were "faster iPhone share gains, installed base growth, and services monetization." Those factors, along with a refreshed product lineup and a continued remote education and learning environment, hint at strong double-digit growth over the next several quarters, Huberty said. Other key metrics support an overall faster growth outlook in the long term. They include an acceleration in Apple's installed base growth — from 7% to 10% — and services monetization, as well as a recovery in China. The analyst adds that Apple's gross margin of 39.8% was 160 basis points higher than she modeled. Guidance suggesting upcoming March … [Read more...] about Morgan Stanley raises AAPL to $164 on Q1 2021 results, says Q2 outlook is strong

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple saw revenue from its iPad line grow 41% in the 2021 holiday quarter, with the tablet bringing in $8.4 billion. Apple spent 2020 refining its iPad lineup with hardware revisions across each model and improvements to iPadOS . After bringing desktop Safari and a mouse cursor to the OS users were able to perform more work from the tablet. Those improvements and the move to work and school from home drove the iPad to new heights. Apple CEO Tim Cook commented on the state of the iPad during the quarterly earnings call, calling demand "very strong." He later commented that some customers are using the device as a laptop replacement, others as a desktop companion. Apple CFO Luca Maestri offered some additional color to iPad sales. He said the iPad set an … [Read more...] about iPad revenue grew 41% in Q1 amid pandemic

Traffic accidents, deaths, injuries fall in the first quarter this year. –– Illustrative Photo antoangiaothong.gov.vn Viet Nam News - HÀ NỘI (VNS) — Some 5,000 traffic accidents occurred across Việt Nam in the first quarter of 2016, killing nearly 2,200 people and injuring more than 4,500, the National Traffic Safety Committee has reported. Compared to the same period last year, the number of traffic accidents, deaths and injuries fell by 14.8 per cent, 6.5 per cent and 17.7 per cent, respectively, the committee said on Tuesday. According to the report, the transport police also fined more than 909,000 vehicles for violating laws on the roads, collecting VNĐ608 billion (US$27 million). Fines were issued in 505 cases for violating railway safety, contributing more than VNĐ124 million ($5,500) to the state budget, and 39,400 vehicles were fined a total of VNĐ22 billion ($998,000) for breaking laws on the waterways. Besides this, 7,700 out of 51,000 flights were … [Read more...] about Traffic accidents, deaths, injuries fall in Q1

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio. In a note to investors seen by AppleInsider , analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter. "Our recent conversations suggest investors expect Apple to release solid, but not great, December quarter results," Huberty writes. "We disagree and believe that Apple is likely to report all-time record quarterly revenue and earnings." The analyst expects Apple to report double digit year-over-year growth across all five of its revenue segments, with some … [Read more...] about Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

Economy slows down in second quarter: VEPR By Thuy Dung Nguyen Duc Thanh, director of the Vietnam Institute for Economic and Policy Research, speaks at a workshop on the country’s macroeconomic performance in the second quarter on July 11 - PHOTO: VEPR HANOI - The nation’s gross domestic product (GDP) expanded 6.71% in the second quarter of this year, down from 6.79% in the previous quarter, stated Nguyen Duc Thanh, director of the Vietnam Institute for Economic and Policy Research (VEPR). However, the growth rate was higher than that in the same period last year, Thanh said at a workshop on the country’s macroeconomic performance in the second quarter, held in Hanoi on July 11. The slowdown in the second quarter resulted in lower growth in the first half of the year. Specifically, the service sector reported an increase of 6.69%; the agro-forestry-fishery sector, 2.39%; and the manufacturing and construction sector, 8.93%. All were lower than the respective … [Read more...] about Economy slows down in second quarter: VEPR

Monks, nuns and Buddhist followers attend a ceremony explaining the meaning of Buddha's birthday at Tam Chúc Pagoda, the northern province of Hà Nam, on Sunday afternoon at the opening of the UN Day of Vesak. — VNA/VNS Photo HÀ NỘI — More than 1,650 international delegates from 112 countries and territories and more than 20,000 Vietnamese Buddhist dignitaries, monks, nuns and followers attended the opening ceremony of the 16th UN Day of Vesak on Sunday at Tam Chúc Pagoda in Kim Bảng District, northern Hà Nam Province. Prominent attendees included Prime Minister Nguyễn Xuân Phúc, Myanmar President Win Myint, Indian Vice President and Chairman of the Rajya Sabha (Upper House) Venkaiah Naidu, Nepalese Prime Minister KP Sharma Oli, Chairman of the National Council (Upper House) of Bhutan Tashi Dorji and United Nations Under-Secretary General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Armida Salsiah Alisjahbana. … [Read more...] about UN Day of Vesak 2019 solemnly opens in Hà Nam Province

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple earned $111.4 billion in revenue in the first quarter of 2021, blasting past the $100 billion barrier for the first time on double-digit growth across all product categories. Announced before the company's usual conference call with analysts, Apple's revenue of $111.4 billion for the quarter ending December 2020 represents growth of 21% on the $91.8 billion seen one year prior , itself a record-setting set of results. Earnings per share is set at $1.68, comparatively higher than the $4.99 seen in Q1 2020 before the four-way stock split . The gross margin of $44.3 billion is up from Q1 2020's $35.2 billion, while operating expenses are up/down year-on-year to $10.8 billion from $9.6 billion. Net profit is $28.8 billion, an improvement from $22.2 billion one … [Read more...] about Apple’s $111.4B Q1 shatters quarterly record with massive growth across all categories

Multiple banks post strong earnings in Q1 The Saigon Times Daily A bank teller counts Vietnamese banknotes. Many banks report strong profits in the first quarter of this year - PHOTO: THANH HOA HCMC – Many banks in the country reported strong profits in the first quarter of 2019, with one of them earning VND5.9 trillion, according to the Nguoi Lao Dong news website. At the 2019 annual general meeting on April 23, Tran Minh Binh, general director of Vietnam Bank for Industry and Trade (VietinBank), said that the lender had earned some VND3.1 trillion in profit in the first three months of this year, up over 4% year-on-year, despite a drop in outstanding loans. Explaining the profit growth, Binh said that VietinBank had restructured its customer base with a focus on highly profitable segments. In addition, its earnings from non-credit activities had surged strongly. VietinBank’s shareholders at the meeting approved a plan to distribute over VND5.1 trillion worth … [Read more...] about Multiple banks post strong earnings in Q1

Vietnam earns trade surplus of US$1.4 billion in Q1 By Thanh Thom The CMA CGM Marco Polo container vessel, one of the world’s largest container ships, arrives at Cai Mep International Terminal in the southern province of Ba Ria-Vung Tau in January 2019. Vietnam posted a trade surplus of some US$1.4 billion in the first quarter of this year, higher than the government forecast of US$536 million – PHOTO: LDO HCMC – Vietnam posted a trade surplus of some US$1.6 billion in March, keeping the country’s trade balance in surplus at US$1.4 billion in the first quarter due to a deficit in the first two months of this year, according to the General Department of Vietnam Customs. Customs data indicated that exports in March rose a staggering 63.8% from the previous month to nearly US$23 billion, while imports were up 44.2%, rising to some US$21.1 billion. For the first quarter of this year, Vietnam’s exports expanded 5.3% to more than US$58.86 billion, while imports were up … [Read more...] about Vietnam earns trade surplus of US$1.4 billion in Q1

Vietnam’s non-cash payment market booms in Q1 By Thuy Dung The press briefing announcing the Vietnam Banking 2019 forum in Hanoi today, May 20 - PHOTO: THUY DUNG HANOI – Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70% and 97.7%, respectively. The figures suggest that mobile transaction has turned more popular in Vietnam, in tandem with the Government’s push for the development of non-cash payment methods, according to the Payment Department under the State Bank of Vietnam. According to a plan on non-cash payment in Vietnam in the 2016-2020 period approved by the Prime Minister, by the end of 2020, the ratio of cash transactions should be reduced to below 10%. Early this year, the Government issued a resolution supporting a project exploring depositing cash into electronic wallets without via a bank payment account and piloting new payment modes in the banking sector. Commenting on the plan, Nghiem … [Read more...] about Vietnam’s non-cash payment market booms in Q1