Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms
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Intel Warns Chip Shortage Could Last Until 2023
CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023
Amazon Posts Record Results, As Prime Video Catches Netflix
E-commerce and cloud services giant Amazon is another pandemic winner, after it posted record profits and revenues thanks to strong growth
Apple Profits Double As Users Upgrade To 5G iPhones
Apple reaps reward from strong spending on Macs, apps and iPads during lockdown, coupled with people upgrading to 5G iPhones
Alphabet Posts Record Growth During Pandemic
What pandemic? Strong performance in advertising sales and cloud business drives profits and revenues at Google parent Alphabet
Jeff Bezos To Step Down As Amazon CEO
Bombshell. Amazon founder and one of the richest men in the world, Jeff Bezos, will step down as CEO in second half of this year
Facebook To Reduce Political Content After Posting Healthy Profit
Mark Zuckerberg admits platform is looking at ways to reduce political content in news feeds, after it posts billion dollar profits
Apple Reaps Benefit From Soaring Pandemic Sales
Firm finishes 2020 with its most profitable ever quarter, thanks to soaring pandemic sales of iPhones, iPads and Macbooks
Apple Posts Biggest iPhone Sales Fall In Two Years, After Handset Delay
Mixed results. Delayed launch of the iPhone 12 by several weeks sees Apple post its largest decline in iPhone sales in two years
Apple Delays iPhone 12, As Sales Shrug Off Virus Gloom
What pandemic? Apple defies store closures, stalling economies and the global Coronavirus pandemic to deliver strong financials
Twitter Mulls Subscription Options, As Ad Revenue Plummets
Coronavirus hits Twitter's advertising revenue, causing senior management to mull alternative ways to make money from users
Amazon Tells Investors To ‘Take A Seat’ As Spending Rises
Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus lockdown
Apple Profits Dip But Sales Rise, Amid Global Pandemic
Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global Coronavirus pandemic
Facebook Advertising Growth Slows Amid Pandemic
The global slowdown in the digital advertising market due to the Coronavirus pandemic, slows advertising revenue growth at Facebook
Coronavirus: Tesla’s Elon Musk Slams Pandemic Lockdown As ‘Fascist’
Tesla boss Elon Musk overshadows third quarterly profit at electric car maker Tesla, by calling lockdowns 'fascist' and 'not democratic'
Coronavirus: Google Profits Rise, But Warns Of Pain Ahead
Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite
Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change
Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast
Google Disappoints After Revealing YouTube’s $15 Billion Revenue
Strong financials from Google's parent, as it reveals for the first time the turnover of YouTube and Google Cloud business
Microsoft Cloud Growth Pleases Wall Street
Microsoft is now worth $1.25 trillion after stock price rise thanks to continued growth of Redmond's Azure cloud business
Facebook Shares Fall Amid Sharp Rise In Costs
Social networking giant delivers strong financial results, but investors took fright at big increase in expenses and costs
Apple Pleases With Strong Sales Of iPhone 11
Strong growth at Apple propels its market valuation close to $1.4 trillion amid buoyant iPhone sales, even in China
Facebook Shrugs Off Scandals With Strong Financials
What crisis? Profit and revenue surge over 20 percent at Zuckerberg's house, despite a torrid year
Apple Profits Slide, As Cook Points To Wearable Growth
Profits and year revenues at Apple slide amid slow iPhone sales, but sales from wearables and services rose
Microsoft Reaps Cloud Growth Benefits, But Surface, Xbox Struggle
Cloud focus continues Microsoft's momentum, amid warning signs over Xbox and Surface performance
IBM Profit Slumps As Tech Services Struggles
Big fall in profits at Big Blue as tech services division declines, as does IBM's systems division
Oracle co-CEO Mark Hurd Takes Medical Leave Of Absence
Former CEO of HP is to take leave of absence for unexplained medical treatment, as Oracle financials miss expectations
Samsung Profit Halves Amid Flagship S10, Memory Chip Slowdown
Galaxy S10’s sales momentum is ‘weak’, but slow sales of memory chips is also not helping matters
Apple Profits Slide Again, As Wearables, Services Grow
iPhone slowdown. Revenues from wearables and services helped offset another slump in iPhone sales during last quarter
Alphabet Results Ease Advertising Slowdown Worries
Advertising sales drive profit and sales growth at Google parent, beating Wall Street expectations
Microsoft Generates More Money From Cloud Than Windows
Nadella's legacy. Revenues from the cloud overtake sales from Windows for the first time ever at Microsoft