Ichia expects over 20% revenue growth in 2023
Ichia Technologies, a flexible PCB (FPCB) and mechanism integration component supplier, expects to post a more than 20% revenue surge in 2023, buoyed by a ramp-up in shipments for automotive displays......»»
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.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
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......»»
Climate is one culprit in growth and spread of dust in Middle East
Climate change is transforming dust storms—a natural phenomenon in the Middle East—into a more frequent and widespread threat to health and economies throughout the region, a new study shows......»»
Euclid telescope: Scientist reports on his quest to understand the nature of dark matter and dark energy
On July 1, 2023, Euclid, a unique European space telescope was launched from Cape Canaveral. The launch was undoubtedly the highlight of my career as an astronomer, but witnessing the result of years of work being put on a rocket is not for the faint.....»»
Young people in Philly"s toughest neighborhoods explain how violence disrupts their physical and mental health
In 2023, 410 people were murdered in Philadelphia—more than a quarter of them under age 25. In addition to the people who died, countless others lost loved ones and people they relied on......»»
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.....»»
GM"s CarPlay replacement doesn"t work well, and has a long road ahead of it
GM's decision to move away from CarPlay was to avoid Apple having too much control over vehicles. It's going to be a bumpy ride for consumers.GM's Ultifi interfaceIn March 2023, GM decided to stop providing CarPlay and Android Auto to consumers, in f.....»»
Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs
"Tesla still plans to grow the Supercharger network, just at a slower pace for new locations," Musk said, following media reports that the automaker slashed its team dedicated to the charging network......»»
WhatsApp is starting to gain more popularity in the US
It looks like WhatsApp has started to see explosive growth in the US market, with a double digit increase in daily users. The post WhatsApp is starting to gain more popularity in the US appeared first on Phandroid. The mobile messaging sce.....»»
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......»»
Apple enhances USB-C Apple Pencil with new firmware update
Apple has released a firmware update for the USB-C Apple Pencil launched in 2023. It enhances the functionality and overall performance of the accessory.Apple enhances USB-C Apple Pencil with new firmware updateThe update, which transitions from vers.....»»
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......»»
Carvana"s plans to return to growth sought ahead of Q1 earnings
How the company executes its next growth period is critical, Carvana CEO Ernie Garcia said......»»
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......»»
Clumps of an otherwise non-toxic molecule inhibit strep"s DNA-cleaving enzymes, researchers discover
An entirely new approach to inhibiting DNA-cleaving enzymes works through the aggregation of an otherwise non-toxic molecule. This Kobe University discovery may lead to a much-needed method for curbing Streptococcus growth......»»