MarketLine Blog

Posts written in January 2019

e-rikshaws: Three-wheelers power India’s EV revolution

MarketLine

Electric vehicle (EV) revolution is gaining stronger ground in India and the country has surpassed China in terms of the number of EVs in use currently. The revolution, however, is not spearheaded by electric cars but by an electric alternative to pedal-driven rickshaws. The Indian nation is home to about 1.5 million battery-powered, three-wheeled rickshaws. This means a fleet bigger than the total number of electric passenger cars sold in China since 2011. Previous attempts to boost electric-car production in India have flopped, mainly due to the lack of clear… Read more

The $1000 iPhone: The future of Apple is in services

MarketLine

On the 3rd of October 2018, Apple’s share price hit an annual high of $232. On the 18th of January 2019, it had fallen to $156, a 33% decrease. Stagnating Chinese growth and the ongoing trade war between the US and China meant expected sales revenues fell below investor expectations. Over the previous year, the price-points of the latest iPhone and iPad had increased 20%, to around $1000. Simultaneously in their earnings call, Apple announced the company’s would move the focus of its strategy from iPhone sales to its service… Read more

No hope for HMV after second administration in six years: HMV will not be able to survive long-term due to recent difficulties

MarketLine

HMV entering administration was triggered by the current struggle of the retail industry, and now the company will find it difficult to recover in the current retail conditions. Uncertainty over Brexit has caused the value of the pound to drop, which has increased the cost of supplies from abroad. An increase in business costs and online shopping has also put HMV in jeopardy, making it harder for HMV to gain traction in the retail industry. HMV needs to find a buyer that has the resources and ability to turn around… Read more

President Trump: Twitter, crimes and misdemeanors are leading the US economy into a recession

MarketLine

Ongoing turmoil in the US surrounding the 45th President of the United States of America, Donald J. Trump, is reaching dramatic heights. An ongoing FBI investigation into the President, led by Special Counsel Robert Muller is reaching its end, resulting in a series of upcoming political decision points for opposing democrats. As the clock ticks, an ongoing trade war with China is resulting in severe short-term consequences to the American economy. Meanwhile, as the erosion of trust in American politics and democracy looks to be at its worst point in… Read more

Music Industry is booming: However artist’s revenue continues to decline

MarketLine

The music industry has seen resurgence over the last few years, displaying relatively strong growth after a decade of decline. Online music streaming is the major factor for this trend, with nearly 40% of the revenue being generated from streaming services. Live concerts are also providing an important boost, with millennials driving the demand for an authentic experience away from the unlimited entertainment options at the click of a button. Vinyl sales have reached the $1bn mark for the first time this century, as consumers increasingly value the tangible nature… Read more

Tesla brand image basis of strength: Brand perception lies behind recent success and high prospects for 2019

MarketLine

Tesla remains a leading player in the global electric vehicle market, and now it is one of the most globally recognisable car brands. Much of the recent success in overcoming serious problems and building a loyal clientele is attributable to the strength of brand image. No other mass-production car firm can at present rival the positive perception among investors and consumers alike in the brand. Even though Tesla will come under increasing pressure over the next few years, for the time being the company is secure as the first company… Read more