Tag Archives: Apple

Stock futures dipped Thursday evening, with investors eyeing a couple of disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that punctuated an otherwise solid quarterly reporting season from many major companies.  Contracts on the S&P 500 fell, pulling back after the blue-chip index set a record closing high on Thursday. Nasdaq futures underperformed amid the drawdown in the big technology names. Amazon shares dropped in late trading after the e-commerce juggernaut missed… Source link

Apple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations and execs warned of ongoing supply-chain problems. The company posted $83.4 billion in revenue, up 29% year over year, and net income of $20.6 billion (or quarterly earnings per diluted share of $1.24). Wall Street analysts on average had pegged Apple revenue to come in at $84.85 billion and EPS at $1.24. Click here to sign up for… Source link

Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019. REUTERS/Mason Trinca Apple (AAPL) will report Q4 earnings after the closing bell on Thursday, and analysts will pay close attention to demand for the new iPhone 13 lineup and the company’s ability to withstand the ongoing chip shortage. Here’s what Wall Street is expecting from the quarter, as compiled by Bloomberg, compared with how Apple performed in the same quarter… Source link

Google’s advertising business brought in $53.1 billion during the third quarter, up from $37.1 … [+] billion during the same period last year. Getty Images While some advertising-funded internet giants like Facebook and Snap Inc. are feeling the brunt of Apple’s recent data privacy changes, Google seems less worried. Today, Google parent Alphabet Inc. reported a record $65.1 billion in revenue during the third quarter of 2021, with the company’s… Source link

Intel CEO Pat Gelsinger says the ball is in the chip giant’s court to win back lost business from the Mac making Apple.  “My job is to win them [Apple] back and to deliver products that are better than they can do themselves. We also want to win them over to more of our foundry offerings over time. And that just makes sense, right? Everybody wants to have multiple suppliers. And if we have the best process technology in the industry, of course, they’ll come our way,” Gelsinger said at Yahoo… Source link

Facebook will report its third quarter earnings after the bell on Monday, as the company grapples with a new avalanche of stories resulting from a whistleblower’s account of how it targets users, and the ripple effect of Apple changing its user data policies. Here’s what analysts are expecting from the company’s Q3 report, as compiled by Bloomberg: Revenue: $29.45 billion expected versus $21.47 billion in Q3 2020 Earnings per share: $3.17 expected versus $2.71 in Q3 2020 Family daily… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American 

The same factors that torpedoed Snap Inc.’s earnings results ominously linger as investors await Alphabet Inc. parent Google’s financial results on Tuesday. Google GOOGL, -3.04% GOOG, -2.91% could be hindered by a change in Apple Inc.’s AAPL, -0.53% privacy policy that makes it harder to target and measure digital advertising as well as a choked global supply chain that has driven down ad… Source link

Sundar Pichai, Google testifies at congressional hearing, March 25, 2021. CNBC Google said on Thursday that it’s lowering service fees in its app store after a similar move by Apple, as both companies face pressure from lawmakers and regulators to make their mobile stores more accessible to developers. The service fee for subscriptions in the Google Play store will drop from 30% to 15% from day one, Google said in a press release. Under the current model, developers must pay a 30% cut on… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American