Sales Drop in Apple’s Third Quarter but Top Wall Street Expectations 03-08-2023
The iPhone maker’s recent quarter benefited from strong sales in its App Store and other services businesses.Lees verder op New York Times
The iPhone maker’s recent quarter benefited from strong sales in its App Store and other services businesses.Lees verder op New York Times
Amazon: Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 6%+ — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023. Lees verder op Tech Meme
Priyamvada C / Reuters: Airbnb reports Q2 revenue up 18% YoY to $2.48B, vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and projects Q3 revenue above estimates — Airbnb (ABNB.O) forecast revenue for the current quarter above market estimates on Thursday, as the vacation rental firm is set … Lees verder op Tech Meme
Apple: Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row and missing estimates of $88.8B, and net income up 2.3% YoY to $19.9B — Services revenue reaches new all-time high Installed base of active devices sets all-time record Lees verder op Tech Meme
Aaron Tilley / Wall Street Journal: Apple Q3 revenue: iPhone down 2.4% YoY to $39.7B, Mac down 7.3% YoY to $6.8B, iPad down 19.8% to $5.8B, and Wearables, Home, and Accessories up 2.5% to $8.3B — Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets Lees verder op Tech Meme
Todd Spangler / Variety: Apple reports Q3 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 8.2% YoY to a record $21.2B, driven by 1B+ paid subscriptions — Apple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1% on lower-than-expected iPhone sales. Lees verder op Tech Meme
Nupur Anand / Reuters: Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M, and Bitcoin revenue of $2.39B — Block Inc (SQ.N) reported a rise in second-quarter revenue on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop. Lees verder op Tech Meme
Stephen Nellis / Reuters: Apple Q3: revenue grew 7.9% YoY to $15.8B in China, with iPhone up by “double digits” and “quarterly records” for Services, but fell 5.6% in Americas to $35.4B — Apple (AAPL.O) on Thursday reported sales and profit that beat Wall Street expectations despite a decline … Lees verder op Tech Meme
Bloomberg: Coinbase reports Q2 revenue down 12% YoY to $707.9M vs. $631.2M est., $97M net loss vs. $1.1B in Q2 2022, and $327.1M transaction revenue vs. $655.2M in Q2 2022 — – Trading revenue was less than that from other sources — Interest income down after USDC stablecoin circulation fell Lees verder op Tech Meme
The retailer also swung to a profit in the second quarter.Lees verder op New York Times