Foxconn sees November revenue fall 29%
Foxconn Electronics (Hon Hai Precision Industry) has disclosed that November revenue fell 29.04% sequentially to NT$551.09 billion (US$18.186 billion), which came within expectations......»»
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.....»»
Apple will bring sideloading and other EU-mandated changes to iPadOS this fall
Company also updates fee policy for devs who don't use Apple's App Store. Enlarge (credit: Andrew Cunningham) Starting in March with the release of iOS 17.4, iPhones in the European Union have been subject to the EU's Di.....»»
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......»»
X-ray satellite XMM-Newton sees "space clover" in a new light
Astronomers have discovered enormous circular radio features of unknown origin around some galaxies. Now, new observations of one dubbed the Cloverleaf suggest it was created by clashing groups of galaxies......»»
2024 Apple Watch Rumors Take Another Turn
If you’re planning to buy a new Apple Watch this fall, you may have an additional option to pick from if the latest intel from a well-known analyst is accurate. Up until today, it looked like the 2024 Apple Watch lineup would include two update.....»»
Tomorrow’s AAPL Q2 earnings likely to be $5B down
AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»
Deadly Massachusetts Apple Store crash caused by faulty AI, says defense
The trial over the Massachusetts Apple Store crash is well underway, and the defense is claiming that bad AI was the culprit, not the driver.Source: AP Photo/Steven SenneDriver Bradley Rein drove the car into the Apple Derby Street store in November.....»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
From Ryan Gosling to Furiosa: a preview of 2024’s promising blockbuster summer season
From The Fall Guy and Furiosa to Deadpool & Wolverine, 2024's summer movie season is shaping up to be the best in years......»»
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......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
10 best movies based on true stories, ranked
Some of the best movies ever are based on true events, from the stirring heroism shown in Schindler's List to the gripping rise-and-fall story in Goodfellas......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
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......»»
Peacock is raising its prices this summer
Just in time for the Summer Olympics and the fall football seasons, Peacock becomes the latest streaming service to implement a price increase......»»