Tech Meme

Rolfe Winkler / Wall Street Journal: Apple expects that a majority of iPhones sold in the US in the June quarter will come from India and a majority of its other devices will come from Vietnam  —  Company’s plan for the June quarter follows its 5% earnings increase for the January-to-March period Lees verder op Tech Meme

Benjamin Mayo / 9to5Mac: Tim Cook says Apple estimates tariffs will add $900M in costs for the June quarter, assuming the current tariff policy remains in place  —  On the quarterly earnings call today, Apple gave some color on the impact of tariffs on its business.  Most notably Apple CEO Tim Cook said that in the current quarter … Lees verder op Tech Meme

Kevin McLaughlin / The Information: Sources: AWS is developing an AI-assisted coding service that offers features like Cursor and goes further than its current coding assistant, Amazon Q Developer  —  Artificial intelligence-assisted coding firms are some of the hottest startups in Silicon Valley right now, drawing attention from OpenAI, among others. Lees verder op Tech Meme

Amazon.com, Inc.: Amazon reports Q1 revenue up 9% YoY to $155.7B, operating income up 20% YoY to $18.4B, and net income up 64% YoY to $17.1B; AMZN drops ~4% after hours  —  – Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024. Lees verder op Tech Meme

Noam Scheiber / New York Times: In a case related to its Activision acquisition, Microsoft dropped a law firm that settled with President Trump in favor of a firm that is fighting a Trump EO  —  The tech giant instead engaged a firm that is fighting the president’s executive orders, Jenner & Block, in a sign that those firms can still attract clients. Lees verder op Tech Meme

Todd Spangler / Variety: Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, a new record but below $26.7B est.  —  The company overall topped Wall Street estimates for the quarter as investors awaited word on how President Trump’s tariffs might hurt its business. Lees verder op Tech Meme

Kif Leswing / CNBC: Apple Q2: iPhone up 2% YoY to $46.84B, vs. $45.84B est., Mac up 7% to $7.95B, iPad up 15% to $6.4B, and Wearables, Home, and Accessories down 5% to $7.52B  —  Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company’s closely-watched Services division came up light versus estimates. Lees verder op Tech Meme

Apple Inc.: Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.66B est., net income up 5% YoY to $24.78B, and China net sales down 2% YoY to $16B  —  Services revenue reaches new all-time high  —  EPS sets March quarter record … The Company posted quarterly revenue of $95.4 billion … Lees verder op Tech Meme

Natalie Lung / Bloomberg: Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 6%+ after hours  —  Instacart posted its strongest order growth since 2022 for the first quarter and projected better-than-expected earnings for the current period … Lees verder op Tech Meme

Todd Spangler / Variety: Roku reports Q1 revenue up 16% YoY to $1.02B vs. $1.01B est., a net loss of $27.4M, compared to $50.9M a year ago, and stops posting streaming household figures  —  Roku turned in first-quarter 2025 earnings that edged out Wall Street forecasts and announced a $185 million deal to buy Frndly TV … Lees verder op Tech Meme