Tag Archives: earnings

Netflix added 2.2 million subscribers in the last quarter, a slowdown after starting the year with eye-popping growth during the coronavirus pandemic, a bump the company had predicted wouldn’t last.  Netflix, the world’s dominant streaming-video subscription service, said subscribers rose by 2.2 million, to 195.15 million, between July and September, according to its Tuesday report for …

Apple One — a reported bundle of Apple subscription services that the gadget maker may be readying ahead of its Tuesday event — may become available for Apple Music subscribers automatically at no additional cost, according to a report by 9to5 Google.  Hints inside the code for an Android update to Apple Music suggest that Apple One, apparently codenamed Aristotle, may become part of standard Apple …

Netflix is bringing a version of Broadway to streaming screens next year: The service will premiere a filmed version of new Broadway musical Diana: A True Musical Story sometime in the first five months of 2021 before the show officially opens on stage.  New York City’s Broadway theaters have been shuttered since March, when the coronavirus epidemic was out of control in …

Its been a busy year for T-Mobile, but the carrier continues to see subscriber growth and says it has now moved past AT&T to become the nation’s second-largest wireless carrier despite the coronavirus pandemic.  For its second quarter, which ended June 30, T-Mobile on Thursday said that it added 1.25 million subscribers, 1.11 million of which were postpaid additions. Of …

After Amazon warned of turbulent times ahead during the coronavirus and CEO Jeff Bezos downplayed the company’s leadership position before Congress on Wednesday, Amazon went ahead and posted massive gains in the second quarter. The company on Thursday reported a profit of $5.2 billion, or $10.30 per share — an all-time record — and double last year’s total. That record …

Facebook’s multibillion dollar ad business continues to grow even as the coronavirus pandemic hobbles the economy and high-profile brands boycott the company to get it to more aggressively combat hate speech. The strong performance comes as the government ramps up pressure on Facebook amid concerns it’s grown too powerful.  The world’s biggest social network reported second-quarter earnings on Thursday that …

Get ready to wait a little longer for Apple’s next iPhone. The tech giant warned investors Thursday that supplies of a potential new iPhone will be delayed, likely because of the coronavirus pandemic. “As you know, last year we started selling iPhones in late September. This year, we project supply to be available a few weeks later,” said Luca Maestri, …

Apple’s iPhone sales showed resilience between April and June, despite the coronavirus pandemic’s continued spread, upending lives and disrupting business across the globe. Apple, in the midst of a strong fiscal third-quarter report, signaled its success navigating the global health emergency has its limits, and that means the new iPhone will be coming later than usual. The tech giant twice …

The expected iPhone 5G delay may be a reality. Qualcomm, which likely will supply the modems that power the newest crop of iPhones, on Wednesday warned of “the delay of a global 5G flagship phone launch.” The company said handset sales are expected to drop about 15% in the current period, its fiscal fourth quarter, because of the delay. While …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. In February, Apple was one of the first companies to warn of the impact of the coronavirus on manufacturing. Now’s the company’s chance to tell us how hard the pandemic will hit the holiday shopping season, too. The iPhone maker is due to …