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Consumer electronics industry

Research Reports Highlight Key Developments in Top Companies

Strategic Insights

— 1 min read

Apple, Johnson Controls, Whirlpool Corporation, Sony Corporation, and Harman International Industries, Inc. have announced significant updates in their respective businesses, as highlighted in Analysts' Corner research reports. These reports provide comprehensive analysis, price targets, and industry insights, shedding light on the companies' growth prospects and operational strategies.

Key Takeaways:

  • Apple Inc. has entered into a multi-year agreement with China Mobile to bring iPhone to China Mobile's 4G and 3G networks, with iPhone 5s and iPhone 5c available from China Mobile's retail stores and Apple retail stores across mainland China starting January 17, 2014.
  • Johnson Controls, Inc. expects to report significant earnings growth in 2014 with higher profitability across all three businesses, anticipating segment income improvement of approximately 15% YoY and diluted EPS of approximately $3.15 to $3.30.
  • Whirlpool Corporation is relocating production of its commercial front-load washing machines from Monterrey, Mexico to Clyde, Ohio, with expected operational efficiencies and the creation of approximately 80-100 new jobs in the next three years.
  • Sony Corporation is selling its wholly-owned subsidiary, Gracenote, Inc., for $170 million to Tribune Company, subject to standard adjustments, with the expected sale to close before March 31, 2014.
  • Harman International Industries, Inc. has introduced JBL Studio 2, a new generation of loudspeakers featuring high-definition imaging derived from the JBL Professional M2 Master Reference Monitor.

Statistics:

  • Apple Inc. will make iPhone available in China Mobile's 4G and 3G networks starting January 17, 2014.
  • Johnson Controls, Inc. anticipates segment income improvement of approximately 15% YoY.
  • Whirlpool Corporation is relocating production of its commercial front-load washing machines from Monterrey, Mexico to Clyde, Ohio.
  • The sale of Gracenote, Inc. is expected to close before March 31, 2014.
  • Harman International Industries, Inc. has introduced JBL Studio 2 with high-definition imaging.

Sources:

  • Apple Inc. Press Release, December 22, 2013
  • Johnson Controls, Inc. Press Release, December 18, 2013
  • Whirlpool Corporation Press Release, December 20, 2013
  • Sony Corporation Press Release, December 23, 2013
  • Harman International Industries, Inc. Press Release, December 17, 2013
  • Analysts' Corner research reports.

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