Turtle Beach Corp
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Consumer Discretionary : Household Durables | Small Cap Blend
Company profile

Turtle Beach Corporation is an audio technology company. The Company is engaged in developing, commercializing and marketing products under the Turtle Beach and HyperSound brands. Turtle Beach is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets and mobile devices. Turtle Beach headsets are distributed across North America, South America, Europe, the Middle East, Africa, Australia and Asia. HyperSound technology is an audio solution that provides a means of projecting sound in a directional manner, without use of speaker arrays, to a specific location creating a precise audio zone.


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Apple's China iPhone recovery 'seems to be stronger than for peers,' Barclays says

12:26 pm ET March 19, 2020 (MarketWatch)

Barclays analyst Tim Long penned an upbeat note about Apple's rebound in China late Wednesday, writing that recovery for the iPhone business in the country "seems to be stronger than for peers" with signs of improvement in iPhone 11 and iPhone 11 Pro sales. Based on his conversations with industry contacts, Long also sees indications of "very strong" iPad and AirPods demand, in part due to a surge in remote schooling, though he said sales of those products remain strong even as the worst of the outbreak seems to be in the past. His industry checks "suggested increasing possibility" that Apple will put off the launch of its low-cost iPhone SE2 model that was expected out in March. In addition, Long sees a possibility that Apple will have to delay the expected fall introduction of a 5G iPhone. Apple shares are near flat in Thursday's session, and they've shed 24% over the past month as the Dow Jones Industrial Average has lost 32%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 19, 2020 12:26 ET (16:26 GMT)

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