earnings

Apple earnings Q4 2019: Tim Cook says health will be what Apple is remembered for

Enlarge / The Apple Watch Series 5 has an always-on display thanks to new and improved display internals. Valentina Palladino Apple’s quarterly earnings calls have fallen into a predictable pattern for the past year or two: iPhone revenues are declining year-over-year, and the Mac mostly remains stagnant, but every other one of Apple’s businesses—wearables and …

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Mark Zuckerberg still won’t ban ‘political’ ads from Facebook

Sponsored Links ASSOCIATED PRESS For the better part of the past four years, Facebook just hasn’t been able to keep its name out of the bad news cycle. The latest backlash the company is facing has to do with its political ad policies, which essentially allow politicians to spread misinformation on the site. CEO Mark …

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Sony’s PS4 is the second best-selling console of all time

Sponsored Links Sony’s PlayStation 4 has become the second best-selling console of all time, surpassing the original PlayStation, which sold 102.5 million units. Sony said that it sold 2.8 million PS4s this quarter (including the PS4 Pro), on top of the 100 million mark it hit last quarter. That’s down considerably (1.1 million units) from …

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Microsoft beat expectations with strong Windows revenue, but Xbox had a rough quarter

Enlarge / The 13.5-inch Microsoft Surface Laptop 3. Jeff Dunn Microsoft beat analyst expectations in its quarterly earnings report, achieving $33.06 billion in revenue in the start of its first 2020 fiscal quarter (which ended September 30) compared to a projected $32.23 billion. That’s a 14% increase over the same quarter the prior year. Much …

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Virtually every Apple business grew in every region this quarter—except the iPhone

Enlarge / Apple CEO Tim Cook. Patrick T. Fallon/Bloomberg via Getty Images Today, Apple reported its Q3 2019 earnings to investors. Overall revenue is up 1% over the same quarter last year, reaching $53.8 billion. Apple CEO Tim Cook framed the report to investors as “a blowout quarter” for wearables, citing strong demand for the …

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YouTube offers tiered membership levels to boost creators’ revenue

Sponsored Links puhhha via Getty Images Last year, YouTube took to the VidCon stage to share new ways creators could make money. This year, YouTube returned with updates to those programs. For starters, it’s adding new Channel Membership levels. Since last year, fans have been able to pay a monthly fee of $4.99 in exchange …

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‘Avengers: Endgame’ will stream on Disney+ starting December 11th

Sponsored Links Marvel The Disney Corporation held its Q2 2019 earnings call on Wednesday, taking the opportunity to announce that Avengers: Endgame, which has passed $2 billion is ticket sales in just 11 days, will arrive as a streaming exclusive to Disney+ on December 11th. What’s more, Disney CEO Bob Iger revealed during the call …

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Apple sets sights on services as iPhone revenue continues to fall

Enlarge Andrew / Flickr Today, Apple shared its fiscal second-quarter results with shareholders. After a tumultuous first quarter that saw CEO Tim Cook revise the company’s guidance weeks before the earnings report was made public, investors and analysts were looking for Apple to divulge some good news—particularly surrounding iPhone sales, its services business, and the situation …

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Activision-Blizzard lays off 775 people after “record results in 2018”

Enlarge / A central location from the Blackout map in Call of Duty: Black Ops IIII. Activision Game publisher Activision-Blizzard will lay off 8 percent of its work force, or around 775 people, CEO Bobby Kotick announced on the company’s earnings call today. The move is being made in an effort at “de-prioritizing initiatives that …

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