Apple’s iOS 14 update was spooking tech CFOs when they reported earnings

When firms as various as Twitter Inc. and Unity Software program Inc. reported earnings this month, that they had one factor in widespread: Worry and uncertainty over what Apple Inc.’s iOS replace could have on their backside strains. The replace … Read more

Tim Cook Shares Details on Acquisitions, Future of Mac and More at Shareholders Meeting

Apple’s annual shareholders assembly passed off this morning in a digital format, permitting shareholders to vote on proposals and submit inquiries to Apple executives. Apple doesn’t usually reveal product data in shareholder conferences, and 2021 was no exception. A lot … Read more

Qualcomm Sales Jump on iPhone, 5G Demand Surge

Qualcomm Inc. QCOM -1.51% parlayed the worldwide 5G rollout and Apple Inc.’s inclusion of its chips within the newest iPhone fashions into an earnings bounce that did not fulfill traders betting phone-chip gross sales can be even greater. The mobile-phone … Read more

Parler CEO Says He Was Fired as Platform Neared Restoring Service

Parler, a moderation-light social-media community that was compelled offline final month by tech giants over the way it policed its content material, has fired its chief government amid a dispute over the platform’s future. John Matze, the previous CEO, stated … Read more

Apple tops $100 billion in revenue for the first time as iPhone, iPad sales surge

Apple Inc. posted its highest quarterly income whole but as the brand new iPhone 12 powered the corporate to its first $100-billion quarter in gross sales. The smartphone big generated income of $111.4 billion in its fiscal first quarter, up … Read more

Verizon Slow to Cash In on iPhone 12

Verizon Communications Inc.’s VZ -2.55% fourth-quarter revenue slipped attributable to increased prices and a tepid pool of recent clients, although the corporate issued an upbeat preview of earnings in 2021. The most important U.S. cellphone service mentioned it expects wireless-service … Read more

Apple’s iPhone 12 May Have Delivered a Record $100 Billion Quarter

Apple Inc. AAPL 0.36% is anticipated to have completed 2020 with its most worthwhile quarter ever, fueled by an uptick in higher-end iPhone gross sales and a pandemic-induced surge in demand for its laptops and tablets. All collectively, the Cupertino, … Read more

Get ready for Apple’s first $100 billion quarter in history

Even a pandemic can’t cease Apple Inc. from hitting new data. The smartphone large is anticipated to publish its first-ever quarter with greater than $100 billion in income Wednesday, pushed by a robust early efficiency for its new iPhone 12 … Read more