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Revenue for the crucial iPhone business grew nearly 6%, even as China sales continue to be a concern for investors...
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The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions...
Continue Reading(Bloomberg) -- Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses. It was a strategy that upended the lives of displaced tech workers in Seattle and Silicon Valley, but appears to have paid off handsomely for investors who are likely to continue reaping benefits.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoQQQ Up in Late Trading as Meta Soars,...
Continue ReadingIn 2023, the tech titan cut the cost to get a product to a U.S. customer by more than 45 cents per unit...
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AMZN earnings call for the period ending December 31, 2023...
Continue ReadingThe Facebook cofounder said the vast trove of photos and videos shared by users on Meta's various services is larger than the web content crawled by search engines like those of Google and Microsoft...
Continue ReadingApple has finally ended its losing streak. The company reported its first sales growth in a year on Thursday, boosted in particular by record revenue from its App Store and other services. But it’s still encountering difficulty in China...
Continue ReadingHoliday shoppers powered strong revenue growth for Amazon last quarter, the company said Thursday, the same day it launched a new AI shopping assistant...
Continue ReadingFresh off the press, Apple's and Meta's earnings results are here. What was there to like?...
Continue ReadingThe company’s sales increased to $40.11 billion in the three months through December, up 25% compared with the year-earlier period...
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