Apple, Microsoft, Google Report Combined 2Q Profits Of More Than $50 BillionThree tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live.
Big Winners and Losers As Tech Companies Report EarningsBig Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.
Uber Loses $2.9 Billion In 1Q, Offloads Bike And Scooter BusinessUber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic.
Apple Posts Record Quarter As iPhone Sales Make ComebackApple posted what it calls an "all-time record" earnings for the three months ending December.
Apple Shakes Off iPhone Slump To Deliver Strong Fiscal 4QApple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone.
Google Falls Short On Third-Quarter ProfitGoogle parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits.
Twitter Reports Strong User Growth In 2nd QuarterTwitter reported surprisingly strong second-quarter user numbers and revenue Friday, even as it eliminates robotic and fake accounts on its platform.
Tesla Posts $408M Loss In 2Q, Causing Stock To PlummetTesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford.
Twitter Says 1Q Profit Rises On Ad Demand, Daily Users UpTwitter Inc. on Tuesday said earnings in the first three months of the year rose on strong ad demand while user numbers posted healthy growth.
Facebook Posts Record $6.9 Billion Profit Amid Privacy ScandalsFacebook's revenue for the quarter rose 30% to $16.9 billion, according to its latest earnings report released Wednesday.
More With Less? Twitter User Numbers Fall But Profit SoarsTwitter is doing more with less, at least when it comes to making money from a declining user base.
Netflix Shares Fall After Streamer Misses Subscriber ForecastNetflix shares sank about 13% after hours when the streaming service reported subscriber numbers that were lower than expected.
Bank Of America Hauls In Biggest Profit EverBank of America is minting money thanks to tax cuts, turbulent markets and the stronger economy.
Netflix Sinking Deeper Into Debt To Fuel Subscriber GrowthNetflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world’s biggest video subscription service.
Apple Posts Strong 3rd Quarter, Provides Upbeat ForecastApple's earnings climbed 12 percent to $8.7 billion in the company's latest quarter amid rising demand for iPhones, iPads and Mac computers.