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 […]