Earnings
Netflix Shares Rose About 8 Percent On News That It Added 5 Million New Subscribers In The Quarter Ending June
Netflix yesterday announced that it added more than 5 million new subscribers in the quarter ending June 2017 bringing its total number of subscribers …
Snapchat Co-Founders Evan Spiegel and Bobby Murphy Each Lost About $1b Each After Its First Quarter Release
After Snap Inc. released reports of its first quarter earnings yesterday, it was clear that the company had lost over 60 percent of its …
Apple Q2 Earnings Beat But iPhone Sales Down Again Even As Revenue From Services Grows By 18% YoY
The much anticipated Apple earnings report for its second fiscal quarter of 2017 have been released. Here’s a quick breakdown of the numbers by …
Amazon Earnings Beat, Primarily Buoyed By Strong Sales And It Cloud Division
Amazon reported its earnings last week but before we jump into overall figures, let’s talk about Amazon’s public cloud service AWS (Amazon Web Services). …
Microsoft Earnings: Revenue Up At $23.6b, LinkedIn Raked In $975m While PC Unit Fell 7% YoY
Microsoft has released it earnings report for the quarter ending March 31 2017 and it showed that revenue stood at $23.6b (non-GAAP) and $7.1b …
Alphabet’s Profit Was Up 29 Percent Year on Year On Strong Google Ads Sales, Other bets Not So Much
Alphabet (Google’s parent company) released its own earnings report this week as have other tech companies too and it beat expectations. In line with …
Facebook Says It Now Has 5 Million Monthly Advertisers, Up 2 Million From March 2016
Facebook is set to announce that more than 5 million businesses now advertise on its platform monthly and this is up 2 million from …
Apple Continues To Defy Projections As Revenue Climbs To A Record $78.4b
Apple’s iPhones may be on the decline with respect to sales but I tell you this, the company is doing just fine. They released …
Amazon’s Public Cloud Service Had A Great Fourth Quarter In 2016
When Amazon reported its fourth quarter earnings, many of us were keen on seeing just how its cloud division AWS fared after a strong …
Microsoft Now Worth $500b Making It The Third Biggest After Apple And Google
Microsoft Corp’s market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another quarter of …