AirPods Pro production stop hammers Goertek"s revenue by 60%
Apple's production order changes for second-generation AirPods Pro has severely impacted assembler Goertek's finances, with it seeing a 60% cut in revenue for the year.Apple AirPods Pro 2Goertek, an audio component producer and assembler of AirPods f.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Here’s how Jaguar will relaunch as an all-EV brand
In 2021, it canceled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jaguar.....»»
Jaguar wins 1-2 in Monaco as it prepares its rebirth as EV-only brand
In 2021, it cancelled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jagua.....»»
Vortex fluidic device can speed artificial liposome production to aid drug functionality
The expansion of clean chemistry applications for the vortex fluidic device (VFD)—invented by Flinders University's Professor Colin Raston—continues with the successful rapid and simplified production of artificial liposomes that could help trans.....»»
Final U.S. rules extend timetable for critical mineral sourcing in EV tax credit eligibility
The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China......»»
Apple Q2 2024 earnings brought to life by Six Colors, with video too
Yesterday saw the announcement of the Apple Q2 2024 earnings report, which were pretty much exactly as expected – revenue coming in at $90.75B against Wall Street expectations of $90.1B. As usual, Six Colors has brought the numbers to life with.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
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.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Studies assess feasibility of aquaculture wastewater treatment methods
Aquaculture production operations that help feed the world's growing population also generate polluted wastewater that harms the environment. Four studies published by Purdue University scientists since last May document the feasibility of previously.....»»
Scientists" new approach in fight against counterfeit alcohol spirits
In the shadowy world of counterfeit alcoholic spirit production, where profits soar and brands are exploited, the true extent of this illegal market remains shrouded......»»
Developing a tech platform for fast, robust series production of nanoparticles
Nucleic acid-based medications such as mRNA vaccines offer tremendous potential for medicine and are opening up new therapeutic approaches. These active ingredients must be enclosed inside nanoparticles to ensure that they get to where they are neede.....»»
Thursday’s best deals: Magic Keyboard Folio $199, Bowers & Wilkins Px7 2Se headphones $319, more
Thursday’s best deals are now live and headlined by Apple’s Magic Keyboard Folio for 10th Gen iPad at $199. It comes joined by the Bowers & Wilkins Px7 S2e Headphones at $319, which are our favorite AirPods Max alternatives at $80 off. Plus, Sate.....»»
Intercropping viable for optimizing vegetable production on Mars
A group of crop systems analysts at Wageningen University and Research, in the Netherlands, has found evidence that intercropping on Mars could be a viable option for optimizing vegetable production......»»
Apple is deepening ties with China even as it boosts suppliers globally
Despite its well-publicized moves to cut its dependence on China as its main supplier, Apple has also been increasing the number of firms it works with for production with in the region.Tim Cook visits Luxshare factory in 2017. Source: AppleBy Januar.....»»
Dropbox says attackers accessed customer and MFA info, API keys
File hosting service Dropbox has confirmed that attackers have breached the Dropbox Sign production environment and accessed customer personal and authentication information. “From a technical perspective, Dropbox Sign’s infrastructure is lar.....»»