Magna Q4 earnings plummet
The quarterly and annual earnings drops for Magna, the world's fourth-largest supplier by annual sales to automakers, reflect the broader financial struggles parts suppliers have faced during the last year......»»
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......»»
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.....»»
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.....»»
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.....»»
What to expect from Apple"s Q1 2024 earnings report
Apple's first fiscal quarterly results will be released by the company on Thursday evening. Here's what happened in the holiday quarter, and what to expect the iPhone maker to reveal to investors.Apple CEO Tim CookApple confirmed on January 8 that it.....»»
Apple to continue using Qualcomm 5G modems through March 2027
A statement made during the Qualcomm earnings call revealed Apple has extended its 5G modem patent license agreement through March 2027.iPhone 15Apple and Qualcomm are stuck in a strained relationship a little bit longer. In-house development of an A.....»»
Google earnings: 100 million Google One subscribers, Google Cloud profits
We highlight the interesting numbers from Google's earnings call. Alphabet's earnings call was yesterday, and as usual, the company took in a lot of money ($86.31 billion), thanks mostly to ad click-through rates being at a certain.....»»
Aptiv Q4 profits soar to $905M amid increased production; Company will stop funding AV startup
The company posted revenue of $4.9 billion and net income of $905 million in its fourth-quarter earnings report amid easing supply side constraints and increased vehicle production......»»