Tag Archives: earnings

Now playing: Watch this: Trouble for VR? Facebook ending slew of Oculus demos… 1:33 Enlarge Image Facebook CEO Mark Zuckerberg dons an Oculus Rift VR headset. Facebook Ask any expert: You’ve gotta try virtual reality before you can understand its true potential. So it wouldn’t be a particularly good sign if, say, Facebook was having …

Amazon’s Alexa was showered with attention at last month’s CES tech show in Las Vegas, as dozens of companies invited the voice assistant to live in their cars, washing machines and set-top boxes. Yet, behind all that luster is a somewhat uncomfortable question about Amazon’s 2-year-old artificial intelligence platform: Does Alexa make Amazon any money? The answer, say several analysts: …

Now playing: Watch this: Facebook rakes in the money 1:31 Facebook may be fighting a fake news problem, but it’s making real money. For months, CEO Mark Zuckerberg has grappled with big questions about the social network’s role in the media industry. Things like: What’s the company’s responsibility in curbing the spread of misinformation? Is the onus on Facebook to …

Apple is back on top. The company overtook Samsung as the world’s top smartphone vendor in the final three months of 2016, according to Strategy Analytics. The iPhone maker captured 18 percent of the global market in the December quarter, said the firm. Apple on Tuesday reported it sold 78.3 million iPhones in the fourth quarter, snapping a three-quarter streak …

Customers are turning to Sprint again. In fact, they’re starting to look to the nation’s fourth-largest wireless carrier over stalwarts like AT&T and Verizon Wireless. The company said it added 405,000 net new post-paid subscribers — people who pay at the end of the month and tend to be more loyal. Of that total, 368,000 were phone customers, Sprint’s highest …

Super Mario Run, Nintendo’s first mobile game, was supposed to be a smashing success. But although it’s hit 78 million since its December 15 release on the iPhone last year, only 5 percent of players paid the $10, £8 0r AU$15 to unlock the full game, Bloomberg reported. (Get Nintendo’s full earnings report here.) The 5 percent figure is about …

Familiarity breeds comfort. At least, that’s the case with the iPhone 7. Apple hardly changed the body of its flagship phone, yet consumers cozied up to the device like never before. Apple sold more iPhones than ever before — 78.3 million — and snapped a three-quarter streak of iPhone unit sales declines. Analysts had expected the company to sell 78 …

Two years ago, analysts couldn’t find enough glowing adjectives to describe Apple’s fiscal first-quarter results. “Stunning,” “outstanding” and a “monster” were among their reactions to Apple’s blowout quarter. Another simply said, “Wow!” The iPhone 6 and 6 Plus, Apple’s first big-screen phones, drove the company to top Wall Street’s highest expectations. Apple sold more iPhones than it ever had before …

Bring it on, Apple — at least, that’s what Qualcomm’s top executives seemed to be saying Wednesday. Qualcomm CEO Steve Mollenkopf and Derek Aberle, head of the wireless chipmakers’s licensing business, fired back at lawsuits filed over the past week by Apple in the US and China. Those suits, they said, are all about the money, an effort by Apple …

You get only one chance to make a first impression. If that’s the case, AT&T may have dropped the ball with many customers who signed up for its DirecTV Now streaming TV service. The telecommunications giant saw its service choke under the demands of its users, marking an embarrassing start for the company. It was bad enough that T-Mobile CEO …