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...The assets often generate revenues indexed to inflation, even as they are financed with fixed-rate debt....
...The top criteria for evaluation is the level of design, development and production completed within China, according to a notice from the state testing agency....
...They further claimed that on the same call Cook overstated the success of new iPhone models, only to start cutting production days later....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
...“They have a growth problem, and when you are $400bn plus in revenue and you are a tech company, it’s part of your DNA to grow,” said Gene Munster at Deepwater Asset Management....
...With previous production milestones missed, just $12bn in sales and the company scraping barely $400mn in profits, targets of overtaking General Motors in revenues and Microsoft in valuation seemed unattainable...
...“That could mean a race to the bottom when it comes to production fees.”...
...In January 2022, Zhang Yang, a former vice-president at rival Nio, was appointed as chief executive, replacing co-founder Gu Feng in a management shake-up to boost sales....
...Analyst Tony Zhang from CLSA says this represents a challenge, with the need to adapt from centralised production to decentralised management of factories worldwide and to train local workers in different...
...Today she is involved in investments, talent management and recruiting, according to people close to the company....
...This may seem to be the kind of expense that would appear below revenue in the profit and loss statement. But Instacart reports revenue (that is, fees and advertising sales) net of shopper pay....
...Gene Munster, managing partner at Deepwater Asset Management, said a “worst case” was that the ban inside government would cut global iPhone sales by 2 per cent and overall revenues by 1 per cent in 2024...
...A version of this article was first published by Nikkei Asia on December 12. ©2023 Nikkei Inc. All rights reserved....
...Under the extraordinary compensation bet he had made with his Tesla board in February 2018, amid Tesla’s worst production problems, he got no guaranteed salary....
...But coming just days before Apple launches a new smartphone, the reports alarmed investors in the company, which counts on China for roughly a fifth of its revenues....
...Hollywood talent has battled management during periods of technological change many times in the past....
...Revenue per employee, it calculated, is just $471,497, versus nearly $3mn at Netflix....
...3D printing promised to revolutionise production of everything from toys to biomedical implants through “additive manufacturing”....
...Management instead chose to devote the whole of a four-hour presentation to the planned streamlining of production and reducing of production costs....
.... ©2023 Nikkei Inc. All rights reserved....
...after production costs, stadium fees and payments to booking agents....
...These complexities aren’t lost on management....
...The update came as the electric vehicle company reported record revenues of $24.3bn for the December quarter, up 37 per cent from last year. Analysts had expected $24.2bn....
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