Tag Archives: Misses

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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‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

Disney’s (DIS) “Avatar: The Way of Water” delivered director James Cameron his first $100-million opening weekend — but missed industry expectations of $170 million-plus. The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets — tying with Warner Bros.’ (WBD) “The Batman” as the fifth-highest opener of 2022, according to Comscore data. Disney, which saw shares slump 3% in early trading on Monday, had anticipated a range between $135… Source link

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‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

Disney’s (DIS) “Avatar: The Way of Water” delivered director James Cameron his first $100-million opening weekend — but missed industry expectations of $170 million-plus. The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets — tying with Warner Bros.’ (WBD) “The Batman” as the fifth-highest opener of 2022, according to Comscore data. Disney closed Monday’s trading session down 4.8% — the lowest level since March 2020. The studio… Source link

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ChatGPT Hype Misses OpenAI’s Chatbot Limitations Compared to Google

ChatGPT Hype Misses OpenAI’s Chatbot Limitations Compared to Google

OpenAI’s ChatGPT often produces wildly inaccurate responses and presents them as if they were correct. The few cents it costs per chat query would be exorbitant if they scaled to the billion of searches Google handles daily. The technology may surface as results from a search, rather than the wholesale replacement of search. The hype around ChatGPT, the sophisticated… Source link

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Google misses on expectations as YouTube ad revenue comes up short

Google misses on expectations as YouTube ad revenue comes up short

Google parent Alphabet (GOOG, GOOGL) reported its third-quarter earnings on Tuesday, falling short of analysts’ expectations on the top and bottom line, as YouTube advertising revenue came up $400 million short of estimates. These are the most important numbers from the report compared to what Wall Street was expecting of the company, as compiled by Bloomberg. Shares of Alphabet were down nearly 6% following the announcement. The digital advertising market has been struck by a slowdown in… Source link

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Congress misses yet another deadline to rein in lawmakers’ lucrative stock trades

Congress misses yet another deadline to rein in lawmakers’ lucrative stock trades

Just two weeks ago, House Speaker Nancy Pelosi renewed hopes that Congress might stop lawmakers from trading stocks on the grounds that they have access to non-public information. “We believe we have a product that we can bring to the floor this month,” Pelosi said on Sept. 14. But Congress is taking a breather until Nov. 14, after missing yet another deadline to ban or curb stock trading by senators and U.S. representatives. Lawmakers promise to take up the issue again when they re-convene,… Source link

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Jaguars cut rookie kicker after 1 of his 3 field goal misses hit ex-Cowboys coach

Jaguars cut rookie kicker after 1 of his 3 field goal misses hit ex-Cowboys coach

Undrafted free agent kicker Andrew Mevis hasn’t had a great start to his NFL career. Four days into his first training camp, Mevis was cut by the Jacksonville Jaguars after missing three field goals during the team’s Thursday warm-ups, according to ESPN’s Michael DiRocco. One of those field goals reportedly missed its mark so badly that it hit former Dallas Cowboys head coach Dave Campo in the shoulder, and the other two weren’t even close to the goalposts. Campo, 75, was an assistant coach… Source link

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