PayPal is riding the e-commerce boom to record earnings
For the three-month period ending March 31, 2021, PayPal generated revenue of $6.03 billion, an increase of 29 percent year over year. Net income, meanwhile, reached $1.1 billion with earnings per share of $0.92......»»
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.....»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
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 blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»
Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»
Tim Cook dismisses misguided DOJ lawsuit in the shadow of strong earnings
Ahead of Apple's second-quarter earnings call, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the US Department of Justice, calling it "misguided."Tim Cook dismisses DOJ claims as "misguided"Apple's second-quarter earnings, which surpa.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Apple Vision Pro a big hit in enterprise
During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.Apple Vision Pro is making a splash in enterpriseApple Vision Pro is the first spatial computer from Apple and has prov.....»»
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......»»
Millions of young people will head to the polls over the next year—but many are disillusioned about mainstream politics
A record number of people will go to polls in 2024 to vote in national elections around the world. People who came of age during the last electoral cycle will have an opportunity to cast their votes for the first time......»»
2024 Data Breach Investigations Report: Most breaches involve a non-malicious human element
The exploitation of vulnerabilities as an initial point of entry almost tripled from the previous year, accounting for 14% of all breaches, according to Verizon’s 2024 Data Breach Investigations Report, which analyzed a record-high 30,458 secur.....»»
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.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
April temperatures in Bangladesh hottest on record
Bangladesh's weather bureau said Wednesday that last month was the hottest April on record, with the South Asian nation and much of the region still enduring a suffocating heat wave......»»
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......»»