Financial Results

Amazon Online Sales Growth Slows Amid Lockdown Easing

Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to…

4 months ago

Facebook Warns Of ‘Significant’ Slowdown In Growth

Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”

4 months ago

Microsoft Thrives Thanks To Azure Growth

Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle

4 months ago

Apple Posts Record Breaking Profit, But Warns Of Chip Shortage

Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms

4 months ago

Intel Warns Chip Shortage Could Last Until 2023

CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023

4 months ago

BT Raises FTTP Target To 25 Million Premises

Despite a tough financial year, an extra five million premises has been added to BT's deployment of FTTP broadband, creating…

7 months ago

Amazon Posts Record Results, As Prime Video Catches Netflix

E-commerce and cloud services giant Amazon is another pandemic winner, after it posted record profits and revenues thanks to strong…

7 months ago

Apple Profits Double As Users Upgrade To 5G iPhones

Apple reaps reward from strong spending on Macs, apps and iPads during lockdown, coupled with people upgrading to 5G iPhones

7 months ago

Alphabet Posts Record Growth During Pandemic

What pandemic? Strong performance in advertising sales and cloud business drives profits and revenues at Google parent Alphabet

10 months ago

Jeff Bezos To Step Down As Amazon CEO

Bombshell. Amazon founder and one of the richest men in the world, Jeff Bezos, will step down as CEO in…

10 months ago

Facebook To Reduce Political Content After Posting Healthy Profit

Mark Zuckerberg admits platform is looking at ways to reduce political content in news feeds, after it posts billion dollar…

10 months ago

Apple Posts Biggest iPhone Sales Fall In Two Years, After Handset Delay

Mixed results. Delayed launch of the iPhone 12 by several weeks sees Apple post its largest decline in iPhone sales…

1 year ago

Uber Delivery Business Doubles As Ride-Hailing Slump Continues

Uber Eats revenues up 103 percent year-on-year, while Uber ride-hailing trips remain down 75 percent with gradual recovery driven by…

1 year ago

Twitter Mulls Subscription Options, As Ad Revenue Plummets

Coronavirus hits Twitter's advertising revenue, causing senior management to mull alternative ways to make money from users

1 year ago

Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As ‘Fascist’

Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'

2 years ago

Google Disappoints After Revealing YouTube’s $15 Billion Revenue

Strong financials from Google's parent, as it reveals for the first time the turnover of YouTube and Google Cloud business

2 years ago

Facebook Shrugs Off Scandals With Strong Financials

What crisis? Profit and revenue surge over 20 percent at Zuckerberg's house, despite a torrid year

2 years ago

Apple Profits Slide, As Cook Points To Wearable Growth

Profits and year revenues at Apple slide amid slow iPhone sales, but sales from wearables and services rose

2 years ago

Samsung Profit Halves Amid Flagship S10, Memory Chip Slowdown

Galaxy S10’s sales momentum is ‘weak’, but slow sales of memory chips is also not helping matters

2 years ago

Apple Profits Slide Again, As Wearables, Services Grow

iPhone slowdown. Revenues from wearables and services helped offset another slump in iPhone sales during last quarter

2 years ago

Apple Profit Falls As iPhone Sales Slow

Smartphone worries as Tim Cook said China demand and price cuts helped stablise iPhone sales

3 years ago

Microsoft Value Hits $1 Trillion After Cloud Growth

Strong results for the software giant see its market valuation briefly reach $1 trillion for the first time

3 years ago

Huawei Slams US ‘Loser Attitude’ Amid Strong Results

Chairman of Chinese firm has harsh words for US administration and its campaign against it

3 years ago

Dell Impresses After Return To Public Scrutiny

Revenue rises 9 percent, as the PC and services giant returns to public market after six year absence

3 years ago

Facebook Growth Slows Amid Saturation In Developed Countries

User growth continues to slow as Zuckerberg admits saturation in developed countries

3 years ago

Intel Pleases With Profit, Revenue Growth

Positive third quarter results for chip giant thanks to data centre growth and PC demand

3 years ago

Samsung Profits Slip As Galaxy S9 Misses Sales Targets

Smartphone slowdown. South Korean giant feels the pressure from cheaper Chinese handsets

3 years ago

Intel Delays 10nm ‘Cannon Lake’ Processors To Late 2019

Four years late. Fresh delay for next generation Cannon Lake processors, with mainstream release now only expected in late 2019

3 years ago

Amazon Profits From Cloud, Advertising Growth

Profits ahoy. Amazon's positive outlook cheers investors after Facebook disappointment

3 years ago

Facebook’s Strong Results Offset By Profit Warning

Investors take fright after Facebook warns that profit margins will be squeezed by ad slowdown and privacy demands

3 years ago