Gears & Gadgets

Apple sets sights on services as iPhone revenue continues to fall

Enlarge Andrew / Flickr Today, Apple shared its fiscal second-quarter results with shareholders. After a tumultuous first quarter that saw CEO Tim Cook revise the company’s guidance weeks before the earnings report was made public, investors and analysts were looking for Apple to divulge some good news—particularly surrounding iPhone sales, its services business, and the situation […]

Mobile

Huawei Q1 revenue grows 39% to $27 billion amid heightened U.S. pressure

(Reuters) — Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($ 26.81 billion), in the Chinese technology firm’s first-ever quarterly results. The Shenzhen-based firm, the world’s biggest telecoms equipment maker, also said its net profit margin was around 8 percent for the quarter, which it added was slightly […]

Mobile

Facebook revenue jumps 33% to $13.73 billion in Q3 2018, but growth continues to slow

After reporting lower-than-expected growth last quarter, Facebook once again slightly missed Wall Street expectations on monthly active users, daily active users, and revenue in its Q3 2018 earnings report. Facebook reported 2.27 billion monthly active users and 1.49 billion daily active users this quarter, below an expected 2.29 billion and 1.51 billion. Last quarter, those […]