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Apple Profits Surge, As Firm Warns Of Trouble Ahead

No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead

3 weeks ago

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

3 weeks ago

Meta Pleases Investors After Daily User Number Growth Returns

Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in…

3 weeks ago

Alphabet Profit Slides As YouTube Misses Expectations

Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend

4 weeks ago

Netflix Subscribers Fall For First Time In Ten Years

Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with…

1 month ago

Meta Stock Suffers, As Facebook Loses Daily Users For First Time

Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as…

4 months ago

Apple Shrugs Off Chip Shortage With Record Revenues

Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage

4 months ago

Huawei Admits 2021 Revenues Down Nearly 30 Percent

Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance

5 months ago

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…

10 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”

10 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

10 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

10 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

10 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

1 year 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

1 year 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…

1 year 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…

1 year ago

Apple Reaps Benefit From Soaring Pandemic Sales

Firm finishes 2020 with its most profitable ever quarter, thanks to soaring pandemic sales of iPhones, iPads and Macbooks

1 year ago

Online Safety Bill Could Fine Firms 10 Percent Of Turnover

Tech firms faced stiff financial penalties under Government's Online Safety Bill, which looks to impose tough rules on online content

1 year 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…

2 years ago

Apple Delays iPhone 12, As Sales Shrug Off Virus Gloom

What pandemic? Apple defies store closures, stalling economies and the global Coronavirus pandemic to deliver strong financials

2 years 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

2 years ago

Amazon Tells Investors To ‘Take A Seat’ As Spending Rises

Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus…

2 years ago

Apple Profits Dip But Sales Rise, Amid Global Pandemic

Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global…

2 years 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

Coronavirus: Google Profits Rise, But Warns Of Pain Ahead

Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite

2 years ago

Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change

Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast

2 years ago

Coronavirus: Facebook Admits Covid-19 Is Hurting Advertising Sales

Social networking giant Facebook says that Coronavirus is hitting its principle money-making capability, namely advertising sales

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