Tag Archives: Apple

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting, as compiled by Bloomberg. Revenue: $117.1 billion versus $121.1 billion expected Adj. earnings per share: $1.88 versus $1.94 expected iPhone revenue: $65.7 billion versus $68.3 billion expected Mac… Source link

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Apple, Amazon and Google report earnings

Apple, Amazon and Google report earnings

A view of the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, on September 7, 2022. (Carlos Barria/Reuters) Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants. After several years of raking in profits thanks to strong demand for tech gadgets and services during the pandemic, the industry’s fortunes began to turn last year. Tech giants have been grappling with high inflation and interest rates, as… Source link

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Democratic senator urges Apple, Google to kick TikTok out of app stores

Democratic senator urges Apple, Google to kick TikTok out of app stores

WASHINGTON, Feb 2 (Reuters) – TikTok, owned by China’s ByteDance, should be removed from app stores run by Apple Inc (AAPL.O) and Alphabet’s (GOOGL.O) Google because the short video social media app poses a risk to national security, Senator Michael Bennet, a Democrat on the intelligence committee, said in a letter dated Thursday. The app, which Congress has already banned from federal government devices, has come under increasing criticism because of concern that China’s government could use… Source link

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Senate Democrat Michael Bennet Asks Apple And Google To Ban TikTok From App Stores

Senate Democrat Michael Bennet Asks Apple And Google To Ban TikTok From App Stores

Sen. Michael Bennet, D-Colo (Photo By Bill Clark/CQ Roll Call) CQ-Roll Call, Inc via Getty Images The move signals growing bipartisan concern about the world’s most popular app. Colorado Senator Michael Bennet (D) has called on Apple and Google to remove TikTok from their app stores, citing concerns that the app could share private American user data with China or be manipulated by the Chinese government to subtly influence U.S. public discourse. In a letter sent to the companies on… Source link

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What to expect when Alphabet, Amazon, Apple report on Thursday

What to expect when Alphabet, Amazon, Apple report on Thursday

Thursday is a big day for tech earnings as Alphabet, Amazon and Apple all are set to report their quarterly results. Video Transcript SEANA SMITH: Well, it is a big tech trifecta. Amazon, Apple, Alphabet all reporting after the bell tomorrow. Here with what we can expect, we have Yahoo Finance’s seniors tech reporter Allie Garfinkle and tech editor Dan Howley here. We got all of your bases covered because tomorrow is certainly going to be a busy day after the bell. Allie, let’s kick it off… Source link

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