Saudi Arabia halts oil shipments through key waterway after attack on tanker

Saudi Arabia is temporarily halting oil shipments through the Bab-el-Mandeb Strait, the country’s energy minister has said. It follows a Houthi attack on a Saudi oil tanker off Yemen’s western coast. The pause in shipments will last until the safety of shipments through the strait, which connects the Red Sea and the Gulf of Aden, […]

US oil touches $75 amid fears Iran will block Middle East shipments

West Texas Intermediate (WTI), the US benchmark, has surged to $ 75 per barrel for the first time since the oil crisis of 2014. Read more The movement came after Iran reportedly threatened to disrupt oil shipments from the Middle East Gulf if Washington pressed ahead with sanctions against Iran. On Wednesday, the WTI slipped […]

Gartner: Global PC shipments fell 1.4% in Q1 2018, 14th straight quarter of decline

The PC market has now been in decline for 14 quarters in a row, according to research firm Gartner. The streak, if you will, dates back to the second quarter of 2012. For Q1 2018, Gartner found PC shipments were down globally year-over-year, while IDC reported they were flat. So far, 2018 doesn’t look like […]

ProBeat: Google can be proud of poor Pixel shipments, Essential should give up

OPINION: IDC shared two interesting smartphone numbers this week: Google Pixel and Essential Phone shipments for 2017. The research firm typically shares shipments for the top five smartphone makers, but interest around these two companies was apparently high enough to warrant a breakout by research director Francisco Jeronimo more than 10 days after IDC’s most […]

Has the PS4 peaked? Annual console shipments are flat for 2017 [Updated]

Update: The original piece below conflated console shipments to stores with actual sales of consoles to consumers. All the numbers discussed in this piece are shipment figures as reported by Sony in quarterly earnings reports. Other reports focused on sellthrough show slight growth for the PS4 in 2017, owing to differences in when units are shipped […]

IDC: Smartphone shipments down 6.3% in Q4 2017, Apple overtakes Samsung for top spot

Apple is the new global smartphone king, surpassing rival Samsung, if only for one quarter. For those In getting a big déjà vu, this is indeed a trend: Samsung dominates the first three quarters in the year, and Apple settles for the fourth. Smartphone vendors shipped a total of 430.7 million smartphones worldwide in Q4 […]

VR headsets pass 1 million shipments for the first time in a single quarter

While the debate about whether virtual reality is just some oversold hype rages on, the nascent industry can at least boast of having crossed an important milestone. According to a report from Canalys today, one million virtual reality headsets shipped in the three months ending September 30. This was the first time the gadgets had topped […]

IDC: Smartphone shipments fell 1.3% in Q2 2017, but Samsung, Apple, Huawei, Oppo, and Xiaomi all gained share

Smartphone vendors shipped a total of 341.6 million smartphones worldwide last quarter, down 1.3 percent from the 346.1 million units in Q2 2016. That’s a rare enough of an occurrence — the smartphone market. And yet, all five of the top vendors gained share: Samsung, Apple, Huawei, Oppo, and Xiaomi. In Q2 2017, the South […]

Qualcomm might try to block iPhone shipments over royalty dispute

The Qualcomm vs. Apple licensing squabble had already gotten messy with lawsuits flying in both directions, but a report by Bloomberg says things could go to the next level soon. That’s because according to sources, Qualcomm plans to ask the ITC to block Apple from importing its phones from where they’re built in Asia to […]