revenue

Intel Posts Largest Ever Quarterly Loss, But Shares Rise

Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price…

2 years ago

Semiconductor Revenue To Decline In 2023, Gartner Warns

Gartner forecasts global semiconductor revenue to decline 11.2 percent in 2023, amid economic uncertainties and weakening demand

2 years ago

Meta Pleases Investors After Sales Rise, As Profits Dive

Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters…

2 years ago

Netflix Ends DVD By Post, Amid Password-Sharing Crackdown

Mostly positive results from Netflix, as streaming giant winds down legacy DVD via post program and expands password crackdown

2 years ago

Alphabet Earnings Miss Expectations, As YouTube Declines

Google parent Alphabet has felt the impact of reduced advertising spending, after its latest financials mostly missed Wall Street expectations

2 years ago

Amazon Posts Annual Loss Amid Restructuring

Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses

2 years ago

Apple Disappoints By Missing Wall Street Expectations

Financial results from Apple highlight weakening consumer demand, as it insists iPhone production problems are over

2 years ago

Meta Pleases Investors With ‘Year Of Efficiency’ Pledge

After heavy Metaverse spending in 2022, Mark Zuckerberg points to cost savings in 2023 after big drop in profits in…

2 years ago

Musk Says Twitter To Launch Ad-Free Subscription

Elon Musk says Twitter to offer premium subscription tier without advertising, as company seeks new revenue sources

2 years ago

Twitter Revenue Down 40 Percent, As 500 Advertisers Pause Spending

Report that more than 500 advertisers have paused spending with Twitter, and it's daily revenue is 40 percent down from…

2 years ago

HP To Layoff 4,000 To 6,000 Staff Over Next Three Years

Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed…

2 years ago

Apple Rides The Storm With Solid Earnings

Amid investor tech gloom, Apple's Q4 and full year results prove to be a bright spot, but it admits holiday…

2 years ago

Meta Shares Plummet Over Costs, Weak Forecast

Investors take fright as Meta's revenues fall for second straight quarter, and warns of more costs ahead, forecasts weak holiday…

2 years ago

Microsoft Shares Sink After Weak Forecast

Enterprise software giant Microsoft beat Wall Street expectations, but shares fell as it issued weak guidance for the coming quarter

2 years ago

Netflix To Begin Password Crackdown In 2023

Streaming giant Netflix beats Q3 expectations and adds 2.4 million subscribers, while confirming global password crackdown next year

2 years ago

Amazon Posts Second Straight Loss After Rivian Stake Writedown

Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of…

2 years ago

Apple Shrugs Off Economic Gloom, But Profit Slips

No slowdown in demand for iPhones says Apple despite negative macroeconomic indicators, as revenues rise 2 percent beating estimates

2 years ago

Meta Posts First Ever Revenue Decline, Amid Intense Pressures

CEO Mark Zuckerberg warns the economic downturn has arrived, as Meta misses earnings forecast and predicts another decline

2 years ago

Chip Revenues To Decline 2.5 Percent In 2023, Warns Gartner

Global semiconductor revenues are projected to grow 7.4 percent in 2022, but will decline in 2023 as inflationary pressures take…

2 years ago

Microsoft Q4 Profits From Cloud Growth, But Misses Forecasts

Windows and Xbox declines for Microsoft, which blames economic turmoil as its strong furth quarter earnings misses some analyst forecasts

2 years ago

Tesla Sells 75 Percent Of Bitcoin Holdings

Bitcoin price slides after Elon Musk says cryptocurrency sale was to maximise Tesla's cash position after a shaky second quarter

2 years ago

Netflix Loses 1 Million Subscribers, But Predicts Q3 Growth

One million subscriber loss is less than 2 million prediction, as streaming giant offsets investor worry with forecast to add…

2 years ago

Apple Profits Surge, As Firm Warns Of Trouble Ahead

No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead

3 years ago

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

3 years ago

Meta Pleases Investors After Daily User Number Growth Returns

Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in…

3 years ago

Alphabet Profit Slides As YouTube Misses Expectations

Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend

3 years ago