Tag: Mobile
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Snap’s stock jumps 10% on earnings beat and strong sales forecast
Snap beat analysts’ estimates across the board in its second-quarter earnings report.
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Tim Cook sees Apple’s hybrid AI strategy as a ‘competitive weapon’
Ahead of the launch of Siri AI, Apple’s outgoing CEO Tim Cook said the company will charge for artificial intelligence through iCloud.
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Reddit CEO says Google’s AI Overviews can’t replace ’10 blue links’ for referral traffic
Reddit CEO Steve Huffman said his company has to find ways to work around changes at Google, which is delivering less traffic than in the past.
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Reddit shares sink 7% on ‘choppy’ search referrals even as results blow past estimates
Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.
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Zuckerberg lays out Meta’s AI capacity dilemma: What to sell vs. what to keep
For investors anxious to hear more about Meta’s plans to make money from its big AI spending, Mark Zuckerberg said there’s a trade-off.
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Meta’s Reality Labs lost over $4.6 billion in second quarter
Meta’s Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.
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Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
“Cost went up, prices are going to go up,” Qualcomm CEO Cristiano Amon said in an interview.
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Tim Cook’s last earnings call comes at momentous time for Apple with stock at record
Apple just hit a $5 trillion market cap for the first time, but CEO Tim Cook still has plenty of concerns to address on his final earnings call at the helm.
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Apple touches $5 trillion market cap for first time
The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
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Apple plans to lease iPhones for $17.99 a month through partnership with Klarna
Apple is announcing an iPhone lease option weeks after raising iPad and Mac prices due to the global memory shortage.
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