Amazon reported its Q2 2024 results, with overall revenue up 10% year-over-year. While retail growth was modest, AWS posted 19% growth, reaching an annualized revenue of $105 billion.
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During the earnings conference call, Satya Nadella and Amy Hood shared some interesting numbers about the company's products and services, including Windows, Azure, Copilot and more.
Microsoft generated $64.7 billion in revenue for the fiscal year Q4 2024 time period, up 15 percent from the same period a year ago. Net income came in at $22 billion for the quarter, up 10 percent.
Roku has announced in its recent earnings call that it is planning to introduce video ads on its home screen. The experience, however, is expected to be less intrusive compared to the likes of Amazon.
Apple's shareholders are urging the company to disclose its risk management strategies and the social impacts of increased deployment of AI in its operations to help them make informed decisions.
Snap Inc. in its earnings call for Q4 2023 revealed that it is planning to bring a unifying experience for its Spotlight and Stories capabilities in terms of navigation and interface.
After Intel, another major company in the form of Qualcomm has now publicly stated that the "next version of Microsoft Windows" is landing this year. However, it may not Windows "12".
The number of active Apple devices has now reached 2.2 billion across the globe. Apple CEO Tim Cook revealed the updated numbers during the earnings call for the fiscal 2024 first quarter.
Take-Two CEO Strauss Zelnick rejects big movie/TV ventures due to high risks and focuses on core gaming. Zelnick believes the company's economic opportunity lies in games, not movies.
Warner Bros. Discovery's earnings showed a drop of 1.8 million streaming subscribers after the merger of HBO Max and Discovery+. It also sees a net loss of $1.24 billion while revenues are up 5%.
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AMD's CEO Lisa Su has confirmed that AMD will soon release more Radeon RX 7000 series, RDNA 3 GPUs. These upcoming cards are expected to go head to head with Nvidia's RTX 4070 and 4060 Ti.
Disney announced during its earnings call yesterday that it will combine content from Disney+ and Hulu into a single app in the U.S. pretty soon. However, standalone apps will still be available.
Meta published its fourth-quarter earnings call last night and confirmed a drop in the daily active users for the first time. Post earnings call, Meta's stock fell by 20% in after-hours trading.
With the Bungie acquisition, Sony is looking to jump into the live service side of things. The company has plans to launch at least 10 games with live service elements before March, 2026.
Netflix has revealed that it gained 8.5 million new subscribers in 4Q20 and a record 37 million new users over the whole year. It also expects six million new sign-up in the first quarter of 2021.
Disney intends to expand Hulu internationally as it works towards building its own streaming service set to launch in 2019. Hulu will be under Disney as part of the $71.3 billion Fox acquisition.
Apple today announced its financial results for the fourth quarter ended September 30th, 2017. The company reported revenue of $52.6 billion and earnings per diluted share increased to $2.07.
Alphabet took to Wall Street with what can be called blockbuster earnings and surprised analysts with a 'beat', also noting that the latest in its smartphone line-up, the Pixel 2's pre-orders doubled
Apple's Q3 earnings this year showed incredible growth, with iPhone sales still going strong, $11 billion in profits and the company's cash reserve hitting, for the first time ever, $200 billion.
Microsoft announced during its earnings call yesterday that more than 2 million people are now part of the Insider program that gives them access to the Windows 10 technical preview bits.
