How low can iPhone sales go? That’s the question Apple followers are hoping CEO Tim Cook will answer Tuesday during the company’s quarterly earnings report. The past few quarters, in terms of financials, haven’t been standouts for Apple. Yes, the company is still making money, a lot of money, with quarterly sales totaling over $40 …
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Samsung Galaxy Note 7 detailed on benchmark sites
Samsung’s next Galaxy Note phablet has apparently undergone benchmark testing, revealing some of its core features. A seemingly leaked imgae of the Galaxy Note 7’s specs from the An Tu Tu benchmarking site show the device’s name and model number (SM-N930V), as revealed in a tweet by known leaker Steve Hemmerstoffer. The base number of SM-N930 is a tipoff that …
Read More »LinkedIn stock plummets more than 40 percent on weak outlook
LinkedIn’s efforts to get professionals excited about its social network are not paying off as fast as some expected, especially investors. LinkedIn announced Thursday that its fourth-quarter earnings and revenue had topped analysts’ estimates. But the company’s stock closed down 40 percent on trading Friday after it issued weaker-than-expected guidance. It was the second time in the past nine months …
Read More »‘Thriving’ Facebook sees big gains on mobile
Facebook and Apple’s offices are separated by just 15 miles of highway, a 22-minute drive. But they might as well be worlds apart. Where Apple on Tuesday told investors that iPhone sales growth has stalled, Facebook Wednesday reported booming business selling the ads that run on those phones and other mobile devices. In fact, David Wehner, Facebook’s CFO, said the …
Read More »Zuckerberg ready for his closeup: Facebook’s video efforts taking off
Video’s becoming a key draw for people on Facebook. Facebook Lights, action, Facebook! The world’s largest social network isn’t just a place where people chat with friends, share news stories and look at baby photos. It’s increasingly becoming a center for video — be it uploads of friends dunking buckets of ice on their heads or advertisements from McDonald’s reenacting …
Read More »Apple earnings preview: iPhone still rocks, China woes bubble up
Apple’s iPhone 6 and 6 Plus have been contributing to soaring financial results. CNET The iPhone will prove as resilient as ever — even if a potential hiccup is on the horizon. That’s the expectation for Apple when it reports its financial results for the third quarter Tuesday. Typically, the fiscal third quarter is Apple’s weakest period of the year …
Read More »Twitter’s Costolo not worried about job security
Twitter CEO Dick Costolo says he is not worried about job security. Getty Images After Twitter followers saw another disappointing earnings period Tuesday, questions about whether CEO Dick Costolo’s job are resurfacing. But there’s one person who doesn’t think so — Costolo himself. “I don’t worry about job security,” said Costolo during an interview on Bloomberg Television on Wednesday. Costolo’s …
Read More »Four things we learned from Apple’s Q2 earnings call
Apple CEO Tim Cook shows the Apple Watch to model Christy Turlington Burns after the company’s event in March. Shara Tibken/CNET It wasn’t quite the biggest quarter in history, but Apple’s March period report still managed to impress. The Cupertino, Calif., company on Monday posted record fiscal second-quarter revenue, iPhone and Mac sales. Apple also reported all-time record performance for …
Read More »Twitter earnings leaked via tweets, sales disappoint
Twitter’s headquarters in San Francisco. James Martin/CNET Oh, the power of tweets. Twitter experienced firsthand Tuesday how its microblogging service can disseminate news faster than just about any other news organization when one of its users tweeted the company’s first-quarter sales and profit about a half hour before the results were scheduled to be announced. Selerity, a New York market …
Read More »Apple earnings: It’s still all about the iPhone
Everyone’s curious about Apple Watch, but the company’s financial results are still all about the iPhone. James Martin/CNET The Apple Watch, which was delivered to customers around the world starting last week, may be what everyone’s talking about right now. But when it comes to Apple’s financials, it’s still all about the iPhone. The Cupertino, Calif., company on Monday will …
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