Amazon announced strong Q3 2024 earnings with an 11% year-over-year revenue increase, driven by the AWS business. Operating income significantly improved across all segments.
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Apple reported record September quarter revenue of $94.9 billion, up 6% YoY, driven by strong performance in iPhones and Services. However, it also explained why net income was down.
Alphabet's Q3 2024 earnings showed strong growth across the company, with a 15% increase in overall revenue.
Spotify has released its earnings for the second quarter. To put it bluntly, they are very good for the company, beating analyst expectations. It is also predicting a good third quarter.
Microsoft brought in $61.9 billion in revenue for its fiscal third quarter of 2024, which ended on March 31, 2024. Those numbers were up 17 percent from the same time period a year ago.
Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.
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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.
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.
Nintendo has released its earnings results for the first half of its 2021 fiscal year, posting a 209% increase in profits over 2020. The company also revised its forecast for the rest of the year.
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