Tech Meme

CNBC: Apple Services revenue reached an all-time high of $26.34B in Q1, up 14% YoY, beating estimates and helping lift the company’s gross margin to a record 46.9%  —  Apple is struggling to squeeze growth out of its flagship iPhone unit, but its profit margin keeps going up thanks to a flourishing services business. Lees verder op Tech Meme

Stephen Nellis / Reuters: Apple profit tops Wall Street target even as iPhone, China sales fall short  —  Apple (AAPL.O) beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features. Lees verder op Tech Meme

Alkesh Sharma / The National: Apple Q1: revenue up 4% YoY to $52.6B in the Americas, up 11% to $33.9B in Europe, up 16% to $9B in Japan, and up 1% to $10.3B in the rest of Asia-Pacific  —  Apple’s shares fell in after-market trading on Thursday after the company reported a decline in iPhone sales and a double-digit drop … Lees verder op Tech Meme

The Verge: Leaked all-hands: Mark Zuckerberg said Meta sold more than 1M Ray-Ban smart glasses in 2024, revealing sales figures for the first time  —  Mark Zuckerberg said the company needs to take the opportunity to ‘introduce as many people as possible to Meta AI glasses.’ Lees verder op Tech Meme

Apple Inc.: Apple Q1: iPhone down 1% YoY to $69.14B, vs. $71.03B est., Mac up 15% to $8.99B, iPad up 15% to $8.09B, and Wearables, Home, and Accessories down 2% to $11.75B  —  All-time records for total company revenue and EPS  —  Services revenue reaches new all-time high Lees verder op Tech Meme

Juli Clover / MacRumors: Tim Cook says there are now more than 2.35B active Apple devices worldwide, a new record, up from 2.2B devices the company reported in February 2024  —  There are more than 2.35 billion active iPhones, iPads, Macs, and other Apple devices worldwide, Apple CEO Tim Cook said today … Lees verder op Tech Meme

Stephen Nellis / Reuters: Apple reports Q1 revenue from Services, which includes App Store, Apple TV+, and Apple Music, up 14% YoY to $26.34B, an all-time high, vs. $26.09B est.  —  Apple (AAPL.O) beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter … Lees verder op Tech Meme

CNBC: Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024  —  Analysts are concerned about how Apple will signal the March quarter is shaking out. Lees verder op Tech Meme

Tom Warren / The Verge: Sources: Nadella and Microsoft execs moved quickly to get engineers to test and deploy DeepSeek R1 on Azure and GitHub in 10 days, an unusually fast turnaround  —  Microsoft was ready for the next step in AI models.  —  Microsoft was ready for the next step in AI models. Lees verder op Tech Meme

Yogita Khatri / The Block: Irreducible, which provides zero-knowledge proof generation services powered by FPGA chips, raised a $24M Series A co-led by Paradigm and Bain Capital Crypto  —  – Irreducible has raised $24 million in a Series A funding round co-led by Paradigm and Bain Capital Crypto. Lees verder op Tech Meme