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You are here: Home / Archives for News

News

Sales of Newly Constructed Homes Collapse in April; Odds of Recession Tick Higher

May 24, 2022 by Ted Leave a Comment

sales of newly constructed homes collapse

Sales of newly constructed homes virtually collapsed in April in a double-digit decline that surprised economists and added to the growing evidence that the housing market is entering a downturn. This downturn in housing adds to growing concerns of a recession, as it comes on the heels of the tech industry decline, and new retailer warnings of slackening demand and supply chain driven cost increases.

See the surprising numbers out of the housing market today

[Read more…] about Sales of Newly Constructed Homes Collapse in April; Odds of Recession Tick Higher

Filed Under: Economic Trends, Housing, News, Pivot Point Tagged With: existing home sales, housing starts, inflation, residential construction

April Housing Starts Decline Again; Builder Sentiment in Steep Slide in May

May 19, 2022 by Ted Leave a Comment

housing starts off in April; Builder sentiment slides
[PHOTO: REUTERS/Mike Blake]

In yet another sign of a slowing economy, April residential housing construction starts declined for the second straight month in a row. At the same time, the Housing Market Index, a key gauge of homebuilder confidence, collapsed in May.

See what’s going on in with housing starts & builders

[Read more…] about April Housing Starts Decline Again; Builder Sentiment in Steep Slide in May

Filed Under: construction, Economic Trends, Housing, News Tagged With: builder sentiment, housing starts, residential construction

Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

May 19, 2022 by Ted 1 Comment

Snap One cover photo

At the end of last week, Snap One Holdings Corp. released the results of their fiscal 2022 first quarter, a period which ended April 1, 2022, with comparisons to the same quarter last year, which ended on March 26, 2021. The company showed good revenue growth in the quarter but is still dealing with a net loss – albeit less of one than in 2021.

See the details on the Snap One fiscal Q1 results

[Read more…] about Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News, Strategy Tagged With: earnings, John Heyman, Mike Carlet, Snap One

Onkyo Bankruptcy – New Owner Premium Audio Company Addresses Latest News

May 17, 2022 by Ted Leave a Comment

Onkyo products still sold by VOXX despite Onkyo bankruptcy
[Image: From Onkyousa.com]

On Monday, I received a note from Premium Audio Company regarding my post on the bankruptcy of Onkyo Home Entertainment Co. Ltd. In this note, the company sought to get the message across that the Onkyo bankruptcy has nothing to do with them and that the Onkyo brand lives on under the guidance of its new owner, Premium Audio Company, a subsidiary of VOXX International.

Read more on Premium Audio Company & Onkyo

[Read more…] about Onkyo Bankruptcy – New Owner Premium Audio Company Addresses Latest News

Filed Under: Brands, Financial, Integrators, Management, Manufacturers, News Tagged With: 11 Trading Company, Integra, Onkyo, Paul Jacobs, Pioneer, Pioneer Elite, Premium Audio Company, VOXX Intl

Final Curtain Falls as Main Onkyo Company Declares Bankruptcy

May 13, 2022 by Ted 17 Comments

Onkyo system on display in Japan
Onkyo system on display in Japan [PHOTO: The Nikkei]

BREAKING NEWS

Today in Osaka District Court in Osaka, Japan, Onkyo Home Entertainment Co. Ltd. (formerly Onkyo Corp.) filed for bankruptcy ending a long and storied history of innovative audio products. The action was taken less than a month after the company declared bankruptcy for two of its major subsidiaries in April. Now, the parent company has fallen as well…

See more on the Onkyo bankruptcy…

[Read more…] about Final Curtain Falls as Main Onkyo Company Declares Bankruptcy

Filed Under: Financial, Industry Trends, Management, Manufacturers, News, Strategy Tagged With: bankruptcy, Onkyo, Takeshi Godai

Sonos 2nd Fiscal Quarter Sees Revenues Grow, But Profits Hit by Supply Chain

May 12, 2022 by Ted 4 Comments

Sonos reported on Wednesday that they had a strong second quarter fiscal 2022 result with good revenue growth. In the case of revenues, the company notes that they continue to track toward its annual revenue guidance of $1.95 billion – to – $2.0 billion. However, the company admitted that its profit margin took a hit as supply chain issues continue to bedevil it (and the rest of the industry) as well. They cut their forecast for profits in 2022.

See more on the Sonos fiscal 2022, 2nd quarter financial results

[Read more…] about Sonos 2nd Fiscal Quarter Sees Revenues Grow, But Profits Hit by Supply Chain

Filed Under: Financial, Manufacturers, News Tagged With: financial results, Sonos, supply chain

Tech Takes a Trillion-Dollar Thumping

May 11, 2022 by Ted Leave a Comment

Photo of Apple store and logo

We’re ‘…Experiencing a Seismic Shift’ Says Uber CEO

More and more evidence continues to emerge suggesting that the economy is undergoing a fundamental shift, a turn if you will, that will at least slow economic growth – and may lead to recession. Perhaps the clearest indicator of that is the turn taken by tech, which has lost a trillion dollars in value in just three days of trading on the stock market. For the last two-plus years, tech was the driving force behind a dramatic economic expansion during the pandemic. What is happening now?

See more on what is happening with Tech

[Read more…] about Tech Takes a Trillion-Dollar Thumping

Filed Under: Financial, Industry Trends, News, Strategy Tagged With: Amazon, Apple, Dara Khosrowshahi, Facebook, Google, Netflix, Uber

As Economy Rebounds, Emerald Expo Books Strong Fiscal 1st Quarter Results

May 10, 2022 by Ted Leave a Comment

2021 CEDIA Expo owned by Emerald Expositions
The 2021 CEDIA Expo, owned by Emerald Expositions [Click to enlarge]

Value of EEX Stock Increases Nearly 19% on the Announcement

Emerald Holding Inc., the parent company of Emerald Expositions, a division that owns the CEDIA Expo trade show and CEPro media, announced its results for the first quarter of its fiscal 2022 year today – and these results clearly showed a strong rebound from the last two COVID-19 impacted years. With both revenues and earnings showing substantial increases, Emerald’s President and CEO Hervé Sedkey stated that “…we are in the midst of a robust recovery.”

See more on the Emerald first quarter 2022 results

[Read more…] about As Economy Rebounds, Emerald Expo Books Strong Fiscal 1st Quarter Results

Filed Under: Brands, Financial, Industry Trends, Integrators, Management, Media, News, Shows & Events Tagged With: CE Pro, CEDIA Expo, Emerald Expositions, Emerald Holding Inc., financial results

Savant Powers Up Their Smart Energy Solutions, Putting Them Years Ahead of Others

May 5, 2022 by Ted Leave a Comment

Savant Power Systems image

‘Energy is the Next Big Frontier in Terms of Smart’

Savant offered industry media a presentation revealing their vision of the deep integration of energy sources (and uses) into a fully-fledged, well-thought-out, total smart home system. To drive the industry towards this future, Savant’s vision is expansive, intelligent, and in my mind, pretty exciting. It starts with a foundation of power and how to make it smarter.

Below, you’ll find some of the key highlights of Savant’s plans for smart energy.

More on Savant’s smart energy solutions

[Read more…] about Savant Powers Up Their Smart Energy Solutions, Putting Them Years Ahead of Others

Filed Under: Integrators, Manufacturers, News, Products, Strategy, Tech Trends, Technology Tagged With: Angela Larson, Ian Roberts, Savant, Savant Power, smart home

AudioControl Upgrades to GaN ICs in New 70-Volt, Dual-Mode CM Amps

May 5, 2022 by Ted Leave a Comment

AudioControl CM4-750 CM amplifier

AudioControl, a specialty electronics manufacturer of innovative residential, commercial, and mobile audio products, revealed today that it has upgraded the semiconductor technology resident in its recently introduced 70-volt, dual-mode CM line of amplifiers. This upgrade, to Gallium nitride (GaN) semiconductors, offers many performance improvements over traditional silicon-based ICs and is said to take the performance of this category to a whole new level.

See more on the Audiocontrol GaN-based 70-volt amps

[Read more…] about AudioControl Upgrades to GaN ICs in New 70-Volt, Dual-Mode CM Amps

Filed Under: Manufacturers, News, Products, Strategy, Tech Trends, Technology Tagged With: AudioControl, gallium nitride, GaN Systems, integrated circuits, semiconductors

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Latest Posts

Sales of Newly Constructed Homes Collapse in April; Odds of Recession Tick Higher

Sales of newly constructed homes virtually collapsed in April in a double-digit … [Read More...] about Sales of Newly Constructed Homes Collapse in April; Odds of Recession Tick Higher

  • April Housing Starts Decline Again; Builder Sentiment in Steep Slide in May
  • Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss
  • Onkyo Bankruptcy – New Owner Premium Audio Company Addresses Latest News
  • Final Curtain Falls as Main Onkyo Company Declares Bankruptcy
  • Sonos 2nd Fiscal Quarter Sees Revenues Grow, But Profits Hit by Supply Chain

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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