As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings
To better understand what's going on with the companies hoping to help you finance your next mistaken purchase, let's check out earnings results from Klarna, Afterpay and Affirm. As the e-commerce market grows, startups are racing to help o.....»»
Asbury Q4 net income down 84%; company trims revenue goal
Asbury Automotive Group Inc. Q4 2023 earnings: ABG saw net income fall 84 percent year-over-year to $55.5 million. It also set a future revenue goal of $30 billion instead of the $32 billion it had previously targeted......»»
Subaru lifts profit outlook as quarterly sales, earnings surge
Subaru profits surge in the latest quarter as U.S. sales climb, helping fill the Japanese automaker’s coffers for investment in electrification and other next-generation technologies......»»
Subaru lifts profit outlook as sales, earnings surge
Subaru profits surge in the latest quarter as U.S. sales climb, helping fill the Japanese automaker’s coffers for investment in electrification and other next-generation technologies......»»
Cable TV companies tell FCC: Early termination fees are good, actually
Cable firms say they'll raise monthly price if early termination fees are banned. Enlarge (credit: Getty Images | Jeffrey Coolidge) Cable and satellite TV companies are defending their early termination fees (ETFs) in ho.....»»
The motherhood pay gap: Why women"s earnings decline after having children
Inequalities between men and women persist in many areas, with women still earning less than men on average. An even more striking difference is the "motherhood pay gap" that happens when women have children. Also known as the "family gap" or child p.....»»
Tesla asks which jobs are critical, stoking layoff fears
Tesla Inc. staff are bracing for potential job cuts after managers were asked to affirm whether each of their employees’ positions is critical......»»
The Nintendo Switch Continues to Sell Well Worldwide
The data comes from Nintendo, following the company's report on its most recent earnings release. The post The Nintendo Switch Continues to Sell Well Worldwide appeared first on Phandroid. Despite being launched way back in 2017, the Switc.....»»
Lucid turns to Saks Fifth Avenue for test drives, marketing
As some EV startups recruit U.S. dealers for retail help, Lucid is partnering with Saks for Air sedan test drives and marketing. Air sales fell 10 percent in the fourth quarter to 1,734 despite generous promotions......»»
Spotify paid users hit 236M, but company returns to losing money, amid Apple battle
Spotify reported a mix of good news and bad in its latest quarterly earnings report. The good news was that Spotify paid users hit 236M, up 4% on the previous quarter. Subscribers on the free ad-funded tier grew even more, up 5% to 602M. The bad n.....»»
9to5Mac Daily: February 2, 2024 – Apple earnings, Vision Pro launch day is here
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Connect with us.....»»
Wedbush remains bullish on Apple after "bumpy" China results
Investment firm Wedbush says its expectations for Apple are "firmly unchanged" as earnings showed a strong holiday quarter despite a decline in China.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu Wedbush has been consistently pro-Apple si.....»»
JP Morgan trims Apple stock target to $215 over weak iPhone expectations
Investment firm JP Morgan has cut its Apple price target by $10 following the company's earnings report that showed iPhone declining in China.Apple CEO Tim CookOverall, Apple's earnings report showed a bounce back from its 2023 dip, but the detail in.....»»
Piper Sandler sees tough March ahead for Apple, remains neutral
Despite an earnings beat for Q1 2024, Piper Sandler believes the iPhone will see continued headwinds leading to a challenging March quarter.iPhone 15 ProApple beat Wall Street's expectations with $119.58 billion in revenue for Q1 2024. Even iPhone re.....»»
Apple announces Q1 2024 earnings, beating expectations with $119.58 billion revenue
Apple has its fiscal year 2024 Q1 earnings results. The company reports $119.58 billion in revenue during the three-month period. Analysts expected revenue around $117.91 billion. Apple reported revenue of $117.15 billion for the same quarter a year.....»»
Tim Cook teases Apple AI announcements coming “later this year”, amid iOS 18 rumors
During the quarterly earnings call today, Apple CEO Tim Cook made a rare comment about the future of Apple’s products, referencing the company’s investments in artificial intelligence. Cook said that Apple is “excited to share the details o.....»»
Apple says the EU accounts for just 7% of its global App Store revenue
During Apple’s Q1 2024 earnings call with analysts and investors today, CEO Tim Cook and CFO Luca Maestri commented on the company’s recently-announced App Store changes in the European Union. Maestri revealed a notable statistic about the im.....»»
Apple"s $119B Q1 2024 revenue a bounce back from 2023 dip
Apple reported revenue of $119.58 billion in its first-quarter results for the 2024 fiscal year, with earnings rebounding from the year-ago quarter.Apple CEO Tim CookThe first quarter of the 2024 fiscal calendar, and one typically assisted by holiday.....»»
iPhone sales are up, but take a big hit in China
Apple's iPhone sales worldwide are up, but in China are down 13% year over year, and CEO Tim Cook argues that it's a reflection of overall economic issues rather the iPhone losing popularity.Apple's iPhone 15 Pro rangeDuring Apple's Q1 2024 earnings.....»»
Cook "incredibly excited" about generative AI coming to Apple gear later in 2024
Tim Cook says that Apple is spending "a tremendous amount of time and effort" on AI features that will be announced in the coming months.A Siri icon superimposed on Apple ParkApple's Cook took the opportunity of the firm's latest financial earnings c.....»»
Apple has one active device per four people on the planet
Apple's fourth quarter earnings revealed that there are more than 2.2 billion active devices in use spanning the product lineup, which is a main driver to Apple's continued successes in Services.The Apple lineup remains popular, with 2.2 billion acti.....»»