Tag Archives: Apple

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

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Feb. 1, 2023 Apple’s upcoming earnings could be a bellwether for the rest of the industry Apple (AAPL) will report its first quarter earnings after the bell on Thursday. The announcement follows a string of stinging reports from tech companies including Intel (INTC), Snap (SNAP), and… Source link

The announcement came through a long-awaited Commerce Department report published Wednesday accusing Apple and Google of running online app markets that harm developers and consumers. Officials specifically called out how the companies restrict app downloads to their proprietary stores and provide developers little transparency into their review processes. “From finding directions to chatting with loved ones, apps are a critical tool for consumers and an essential part of doing business… Source link

The mega cap stocks known as FAANG are offering rare, deep discounts since like Amazon is trading 47% off their all-time high and Meta off 62%. Similarly, Alphabet and Meta are trading significantly lower to its historical average valuation. Despite these price cuts, FAAMG comprise 17.4% of the S&P 500. We believe it’s prudent to watch these names closely, as generally speaking, they have strong balance sheets, healthy margins and defensible competitive positioning. This week, the… Source link

Opening up another front in the increasing tensions between Big Tech and Washington, the Biden administration released a new report Wednesday that outlined what they say are a host of anticompetitive practices inside the nation’s biggest mobile app stores. The report from the Department of Commerce’s National Telecommunications and Information Administration (NTIA) concluded that “the current mobile app ecosystem, and especially the current app store model, is harmful to consumers and to… Source link

The busiest week of earnings is upon us, with roughly 20% of the S & P 500 slated to report — including some of the biggest companies in the world. Apple, Google-parent Alphabet and Meta Platforms are all scheduled to post their latest quarterly results this week. Pharma giant Pfizer and automakers General Motors and Ford Motor are also among the roughly 100 S & P 500 names on deck. The earnings season thus far has been lackluster. Approximately 140 S & P 500 components have posted their… Source link

Rumor has it that Apple is going to debut its own search engine “sooner rather than later.” This is good news for consumers as competition between Apple and Google means more resources would be spent to do search even better, but oddly enough it’s also good news for Google on one front — the battle with regulators. Apple is definitely refining some search products and we know it is because of the companies it has acquired since 2013. Technology from Topsy Labs already powers specific… Source link

FTX’s 115-page list of potential creditors reads like an alphabetical accounting of the who’s who of business. The now-bankrupt cryptocurrency exchange owes money to Apple, Google, Verizon, Netflix and a slew of companies, including BlackRock, that are fixtures of the Fortune 500. On Wednesday, lawyers for FTX submitted the long-anticipated inventory of FTX’s debt in the U.S. Bankruptcy Court in Delaware, which only included names of institutions and companies, not individual creditors…. Source link

FTX’s 115-page list of potential creditors reads like an alphabetical accounting of the who’s who of business. The now-bankrupt cryptocurrency exchange owes money to Apple, Google, Verizon, Netflix and a slew of companies, including BlackRock, that are fixtures of the Fortune 500. On Wednesday, lawyers for FTX submitted the long-anticipated inventory of FTX’s debt in the U.S. Bankruptcy Court in Delaware, which only included names of institutions and companies, not individual… Source link

Google code red was issued, and the tech giant is quite right to be worried. You already know the rise of ChatGPT and how it can be powerful. But did you know there is already an AI-powered search engine called You.com or the new front that is opening up in the Google vs Apple silent war? Yes, recent events have allegedly prepared Apple for a foray into the search engine market. Can they really stop the king of search engines? In this article, we will look for the answer to… Source link