Corporate Bits | Swan lake to return to the Venetian

The St Petersburg Ballet Theatre will return to Macau to present Tchaikovsky’s renowned ballet, Swan Lake, at the The Venetian Theatre, The Venetian Macao on April 27 and 28, 2018.  

The St Petersburg Ballet Theatre’s rendition of Swan Lake was sold out in London, Paris and Sydney, according to a statement issued by Sands China.

The Company has toured six continents, performing in Spain, Germany, UK, France, Italy, Singapore and Australia.

The performance tells a classic love story of Prince Siegfried and the Swan Princess Odette, torn apart by the villainous sorcerer Rothbar.

With its famous ballroom scene, sublime music and moving story, Swan Lake was first performed in St Petersburg in 1895.

Founded in 1994, the repertoire of St Petersburg Ballet Theatre includes the classical masterpieces Giselle, Don Quixote, The Nutcracker and The Sleeping Beauty. 

Tour producer Andrew Guild said, “St Petersburg Ballet Theatre is truly traditional Russian classical ballet at its very best. We’re delighted to be bringing this superb company to Macau again.”

Iphone X shipment forecasts cut by analysts on tepid demand

Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers.

Sinolink Securities Co. analyst Zhang Bin said in a report earlier this week that handset shipments in the period may be as low as 35 million, or 10 million less than he previously estimated. “After the first wave of demand has been fulfilled, the market now worries that the high price of the iPhone X may weaken demand in the first quarter,” Zhang wrote.

JL Warren Capital LLC said shipments will drop to 25 million units in the first quarter of 2018 from 30 million units in the fourth quarter, citing reduced orders at some Apple suppliers. The drop reflects “weak demand because of the iPhone X’s high price point and a lack of interesting innovations,” the New York-based research firm said in note to clients last week.