Tag Archives: sales

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

[unable to retrieve full-text content]Apple misses Q1 earnings expectations as iPhone sales fall short  Yahoo Finance Source link

Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the bell on Wednesday as investors and analysts look for signs that the broader digital advertising market has hit its bottom. Here’s what Wall Street expects from the company, as compiled by Bloomberg, compared to how the company performed in the same period last year. Alphabet had a 20-to-1 stock split in July 2022. The company, like Meta (META) and Snap (SNAP), is working to overcome a slowdown in the digital… Source link

Microsoft (MSFT) announced on Wednesday that it is laying off 10,000 workers as part of an effort to cut costs at the tech behemoth. The layoffs impact roughly 4.5% of Microsoft’s 221,000 total employees. The cuts are expected to be completed by Microsoft’s fiscal Q3, which ends March 31. Microsoft says the layoffs will result in a $1.2 billion charge, representing -$0.12 per share. The Redmond-based company previously announced layoffs in October, shedding as many as 1,000 jobs, according… Source link

While jurisdictions like California and New York move toward banning the sale of new gasoline-powered cars, one US state wants to go in the opposite direction. Wyoming’s legislature is considering a resolution that calls for a phaseout of new electric vehicle sales by 2035. Introduced on Friday, Senate Joint Resolution 4 has support from members of the state’s House of Representatives and Senate. In the proposed resolution, a group of lawmakers led by Senator Jim Anderson says Wyoming’s… Source link

Jan 12 (Reuters) – Alphabet Inc’s (GOOGL.O) Google promoted the head of its international cloud businesses, Adaire Fox-Martin, to take on a top sales role as part of an operating model rejig, a spokesperson said on Thursday. The head of Google Cloud unit in the Americas, Kirsten Kliphouse, has left the company, the spokesperson said. Fox-Martin’s appointment aims at “unifying global go-to-market organization,” the company said and the role will focus on all global sales as well as service and… Source link

Jan 12 (Reuters) – The head of Alphabet Inc’s Google Cloud unit in the Americas, Kirsten Kliphouse, has left the company, the Information reported on Thursday, citing people with knowledge of the situation. Kliphouse is being replaced by Adaire Fox-Martin, who was previously the president of Google Cloud International and the head of Google’s Ireland office, according to the report. Alphabet did not immediately respond to a Reuters request for comment. The shakeup comes as growth in the cloud… Source link

Google’s cloud computing unit on Thursday made sweeping changes to its leadership, including replacing its top U.S. sales executive and one of her lieutenants, according to people with knowledge of the situation. The changes, announced to employees, include the departure of Kirsten Kliphouse, the top U.S. sales executive. She is being replaced by Adaire Fox-Martin, previously the president of Google Cloud International and the head of Google’s Ireland office. Fox-Martin, who joined… Source link

The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase in auto prices month over month, however it dropped a whopping 14.9% year over year, the largest annualized price decline ever in the 26-year history of the index. That being said, December’s index rating of 219.3 is still much higher than pre-pandemic levels, when the 2019… Source link

While major stock market indices just posted their worst years since 2008, major sports leagues like the NBA and the NFL reported record years of revenue and their highest-valued franchise sales ever in 2022. According to one industry expert, those sales likely aren’t slowing down any time soon. “I do think if some of those teams [for sale] trade, we will see another milestone year,” Bill Mulvihill, head of U.S. Bank Sports and Entertainment Group, told Yahoo Finance. “I don’t have any… Source link