Stellantis reported a 13% increase in Q3 2025 net revenues to €37.2 billion and a 13% rise in shipments to 1.3 million units, driven by growth in North America, Europe, and the Middle East & Africa. The company launched six of ten planned new vehicles for 2025, improved sales in the US, and announced a $13 billion investment over four years to expand its US manufacturing footprint, including reopening plants and launching new models. Stellantis maintains its H2 2025 financial guidance, expecting continued growth and strategic investments.
Super Micro Computer (SMCI) stock rose following shipments of NVIDIA's Blackwell solutions, indicating positive market activity related to NVIDIA's new product offerings.
Sony announced that the PlayStation 5 has shipped 80.3 million units worldwide as of June 30, 2025, with 2.5 million units shipped in the recent quarter, and highlighted growth in active users and software sales.
Rumors suggest that the Nintendo Switch 2 could have a massive launch, with worldwide shipments potentially reaching 6.5 to 7 million units. This would make it one of the largest console launches ever. The information, shared by a user on the Gaming Leaks and Rumors subreddit, indicates that the U.S. volume alone could be 2.5 times higher than the original Switch launch. Nintendo aims to produce enough units to meet demand and avoid shortages experienced by other consoles. The Switch 2 is expected to be backward compatible with its predecessor.
Global shipments of Apple's iPhone dropped nearly 10% in the first quarter, with the company's market share slipping to 17.3%. Apple faces rising competition from Chinese firms like Xiaomi and Transsion, while its China business has been a challenge. Ongoing geopolitical tensions and manufacturing diversification efforts add to Apple's difficulties. The company is also dealing with declining sales, antitrust lawsuits, and a stock price decline. However, Apple is expected to announce generative AI-based capabilities at its WWDC developer conference, which could potentially boost sales.
Tesla's stock fell 7% as its shipments from China dropped 16% in February, signaling potential troubles in the world's largest car market. The company also announced new price cuts in China, reflecting a competitive EV market and a recent slowdown in demand. Despite concerns about competition from Chinese automaker BYD, which saw a 37% drop in February sales, BYD has no immediate plans to enter the US market due to complexities and political pushback.
Tesla's stock tumbled to multi-week lows as its shipments from Giga Shanghai factory in China dropped by 16% in February, signaling potential troubles in the world's largest car market. The company also announced new price cuts in China, where a recent slowdown in EV demand has led to a price war among automakers. This comes as China now sells the most EVs in the world, with Tesla facing fierce competition and having to cut prices, raising concerns for investors. However, the threat from Chinese automaker BYD entering the US market seems to have diminished for now.
Ford has stopped shipments of the 2024 F-150 Lightning electric pickup due to an undisclosed quality issue, while gas-powered 2024 F-150 shipments have resumed. The halt began on February 9, and Ford plans to ramp up shipments once thorough quality checks are completed. Some trucks have been piling up in lots since December, causing delays for commercial customers. CEO Jim Farley emphasized the company's focus on quality, and Ford has introduced significant incentives for the 2023 F-150 Lightning models.
Google reportedly shipped around 10 million Pixel phones in 2023 and aims to achieve the same milestone in 2024. The Pixel 7 and 7 Pro likely contributed significantly to the 2023 shipments, with plans for the Pixel 6a, 7a, Fold, 8, and 8 Pro releases in 2024. Google also intends to manufacture the Pixel 8 series in India as part of its efforts to diversify production and enhance supply chain resilience.
The iPhone Pro Max has become the world's most popular smartphone, with the iPhone 14 Pro Max and iPhone 15 Pro Max topping global annual shipments in 2023, reflecting a market shift towards premium devices. Apple's intentional focus on the Pro Max line's exclusive features and larger size has contributed to its popularity, with seven out of the top 10 shipped smartphone models worldwide in 2023 being Apple devices. The trend towards larger and more premium phones has also led to Apple surpassing Samsung for global smartphone shipments in 2023, driven by aggressive trade-in offers and interest-free financing plans. The iPhone 16 Pro is rumored to inherit key features from the Pro Max, indicating a potential long-term trend for larger smartphones.
Analyst Ming-Chi Kuo's supply chain survey suggests that Apple is anticipating a 10-15% decline in iPhone shipments for its iPhone 15 and upcoming iPhone 16 series in 2024 compared to 2023, leading to a reduction in semiconductor component orders with suppliers. Slumping sales in China, where weekly shipments have been declining by 30-40% on a yearly basis, are attributed to the lack of foldable phones and generative AI features, which are key selling points for high-end users. Kuo predicts that without major design changes or generative AI features until 2025, Apple's shipment momentum may further decline.
Analyst Ming-Chi Kuo predicts a 15% decline in iPhone shipments for 2024, citing factors such as a slowdown in Chinese sales. He anticipates a 10-15% decline in shipments for the iPhone 15 and 16 series in the first and second half of 2024, respectively. Kuo also suggests that the iPhone 16 lineup coming later this year may not feature significant design changes or new artificial intelligence features, potentially impacting Apple's shipment momentum and ecosystem growth until at least 2025. However, other rumors suggest notable changes for the iPhone 16 lineup, and reliable sources have reported significant new AI features planned for iOS 18 this fall.
The PC GPU market has experienced a significant recovery in Q3 2023, with a 16.8% growth and the largest quarterly increase since 2020. GPU shipments also rose to 71.9 million units. AMD saw the biggest increase in market share, while NVIDIA and Intel also experienced growth. Discrete graphics cards, including mainstream options like the RTX 4060 series and AMD's RX 7700/7800 series, contributed to strong sales. The overall attach rate of GPUs in PCs increased, and desktop graphics add-in boards saw a 37.4% increase. The PC CPU market also grew by 15.2% quarter to quarter.
Durable goods new orders in the US fell by 5.4 percent in October, but the headline number is not as bad as it seems due to wild swings in aircraft orders. Excluding transportation, new orders were virtually unchanged, while shipments of durable goods decreased by 0.9 percent. Motor vehicles and parts, as well as core capital goods, were down for two consecutive months. Inflation, particularly in rent and food prices, continues to impact the economy.
Huawei is forecasting smartphone shipments of 100 million units in 2024, a 40% increase compared to earlier estimates. The company's Mate 60 lineup is expected to reach shipments of 20 million in 2023, boosting confidence in future models. Despite facing U.S. sanctions, Huawei launched the Kirin 9000S chipset, which has helped rekindle its fortunes. The increased production target could have ramifications for competitors like Qualcomm and Apple, while benefiting suppliers like BOE and Visionox.
