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GlobalFoundries announces record 2Q22 results

GlobalFoundries (GF) has reported record quarterly revenue of US$1.99 billion for second-quarter 2022, up 23% from a year ago, with gross margin reaching a record high of 27%, almost double the 14.3% for the same period last year......»»

Category: itSource:  digitimesAug 11th, 2022

Analysis paralysis - hot takes from investment firms in the wake of Apple earnings

Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»

Category: appleSource:  appleinsiderRelated News3 hr. 4 min. ago

Apple blows away Wall Street earnings estimates, even with weak China iPhone sales

Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»

Category: appleSource:  appleinsiderRelated News8 hr. 4 min. ago

Tim Cook: Apple has advantages that will set its generative AI apart from the competition

Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»

Category: topSource:  pcmagRelated News16 hr. 3 min. ago

When scientists and K-12 teachers team up, the results can be spectacular or lackluster

The results of an in-depth review of published research on scientists conducting K-12 science, technology, engineering and mathematics (STEM) outreach suggest that increased collaboration with K-12 educators could improve such projects......»»

Category: topSource:  physorgRelated News16 hr. 36 min. ago

Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue

Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»

Category: topSource:  theglobeandmailRelated News19 hr. 4 min. ago

Apple blows away Wall Street earnings guesses, even with weak China iPhone sales

Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»

Category: appleSource:  appleinsiderRelated News19 hr. 4 min. ago

Apple charms investors with record $110B stock buyback, dividend hike

Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»

Category: appleSource:  appleinsiderRelated News19 hr. 4 min. ago

AT&T announces $7 monthly add-on fee for “Turbo” 5G speeds

AT&T Turbo puts you in a faster lane but requires unlimited data and extra fee. Enlarge (credit: Getty Images | Bloomberg) AT&T is now charging mobile customers an extra $7 per month for faster wireless data speeds. AT&T.....»»

Category: topSource:  arstechnicaRelated News19 hr. 4 min. ago

Millions of young people will head to the polls over the next year—but many are disillusioned about mainstream politics

A record number of people will go to polls in 2024 to vote in national elections around the world. People who came of age during the last electoral cycle will have an opportunity to cast their votes for the first time......»»

Category: topSource:  physorgRelated NewsMay 2nd, 2024

Significant new discovery in teleportation research: Noise can improve the quality of quantum teleportation

Researchers have succeeded in conducting an almost perfect quantum teleportation despite the presence of noise that usually disrupts the transfer of quantum state. The results have been published in the journal Science Advances......»»

Category: topSource:  physorgRelated NewsMay 2nd, 2024

2024 Data Breach Investigations Report: Most breaches involve a non-malicious human element

The exploitation of vulnerabilities as an initial point of entry almost tripled from the previous year, accounting for 14% of all breaches, according to Verizon’s 2024 Data Breach Investigations Report, which analyzed a record-high 30,458 secur.....»»

Category: securitySource:  netsecurityRelated NewsMay 2nd, 2024

Harbour Results, adviser to tool-and-die shops and small manufacturers, acquired by Wipfli

Harbour Results Inc., a longtime advisory group to small- and medium-size automotive manufacturers and tool-and-die makers in North America, was acquired by Milwaukee advisory and accounting firm Wipfli......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

AMD’s graphics card sales just took a nosedive

AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»

Category: topSource:  digitaltrendsRelated NewsMay 1st, 2024

April temperatures in Bangladesh hottest on record

Bangladesh's weather bureau said Wednesday that last month was the hottest April on record, with the South Asian nation and much of the region still enduring a suffocating heat wave......»»

Category: topSource:  physorgRelated NewsMay 1st, 2024

Lear"s Q1 net income falls as auto supplier goes full bore into automation

Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Apple"s Q2 2024 earnings results may have some drama -- what to expect

Apple's Q2 financial results are being announced on May 2, and it might be rough, compared to the financial victories of the last five years. Here's what to expect, and what the analysts are saying.Apple CEO Tim CookApple will be issuing its second-q.....»»

Category: appleSource:  appleinsiderRelated NewsApr 30th, 2024

Researchers explore an old galactic open cluster

Using data from ESA's Gaia satellite, astronomers from Turkey and India have investigated NGC 188—an old open cluster in the Milky Way. Results of the study, published April 19 on the pre-print server arXiv, deliver important insights into the para.....»»

Category: topSource:  physorgRelated NewsApr 30th, 2024

Penske Automotive Q1 net income falls 28%

Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Peacock announces price increase for both new and existing subscribers

Paying for streaming platforms has been getting more expensive, and now there’s some bad news for Comcast’s Peacock subscribers. The company announced this week that subscription prices will increase soon for both new and existing subscribers. Re.....»»

Category: topSource:  pcmagRelated NewsApr 30th, 2024

Flash deals: Best Buy slashes iPad Air 5 to $399.99, Apple Pencil 2 drops to $79

Best Buy has issued a $200 price cut on Apple's iPad Air 5 ahead of Apple's iPad event on May 7. Pair it with the Apple Pencil 2 that's on sale for $79 for the ultimate Mother's Day gift.Apple's iPad Air 5 dips to lowest price on record.Grab the 64GB.....»»

Category: appleSource:  appleinsiderRelated NewsApr 29th, 2024