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Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

techspot.com Rob Thubron 2025-12-18 00:22:00

What just happened? Apple has sold a lot of iPhones since the first model launched in 2007. As we approach the 20-year anniversary, Cupertino's handsets have hit a milestone: 3 billion units have now been shipped. It was an excellent quarter overall for Apple, partly spurred by people panic-buying its products over fears that the Trump tariffs would drastically increase their prices. With fears of falling behind rivals in the AI race, struggling in its once-dominant China market, and facing pre

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The Next Planet Parade Takes Place at the End of This Month. Here's How to See the Planets Line Up

cnet.com See Full Bio 2025-12-17 23:00:14

Fresh off the excitement of the Perseids meteor shower is a chance to see six planets lined up in the sky at once. These events, colloquially known as planet parades, only occur about once or twice a year, with the most recent one in February showing off all seven planets in our solar system at once. The next one will feature six of our closest celestial neighbors, and the event starts on Aug. 20. The six planets sharing the sky will be Mercury, Venus, Jupiter, Saturn, Neptune and Uranus. Mars

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Apple reports biggest revenue growth since December 2021

cnbc.com Kif Leswing 2025-12-19 10:51:45

Apple CEO Tim Cook attends the world premiere of "F1" at Times Square in New York on June 16, 2025. Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue. iPhone sales grew 13% year-over-year and overall revenue grew 10% — Apple's largest quarterly revenue growth since December 2021. Apple shares were up about 3% in after-hours trading on Thursday. Here's how Apple did versus consensus estimates for the quarter ending June 28: Earnings

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Coinbase shares tumble as second-quarter revenue disappoints

cnbc.com Tanaya Macheel 2025-12-19 10:50:52

Coinbase shares fell Thursday as second-quarter revenue fell shy of analysts' estimates. Gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a year ago. Earnings in the latest period benefited from a gain $1.5 billion related its Circle investment and $362 million from its crypto investment portfolio. On an adj

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After laying off 15,000 employees, Microsoft reveals Xbox Game Pass revenue hit nearly $5 billion

techspot.com Rob Thubron 2025-12-20 20:57:00

What just happened? Despite Microsoft laying off over 15,000 employees so far this year, the company has just revealed that revenue from its Xbox Game Pass service reached almost $5 billion for the first time over the last year. Overall company revenue for the fourth fiscal quarter was up 18%, while net income jumped 24%. Microsoft's Xbox content and services revenue, which include Xbox Game Pass, was up 13% for the quarter. CEO Satya Nadella said on an earnings call that Game Pass revenue had

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Robinhood reports second-quarter earnings beat with revenue climbing 45%

cnbc.com Mackenzie Sigalos 2025-12-21 10:50:42

Robinhood beat Wall Street expectations for the second quarter Wednesday, extending a hot streak that has made it the best-performing large-cap U.S. tech stock this year. Here is how Robinhood's results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 42 cents vs. 31 cents expected 42 cents vs. 31 cents expected Revenue: $989 million vs. $908 million expected Revenue jumped 45% year-over-year to $989 million, while net income more than doubled to

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Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

cnbc.com Jordan Novet 2025-12-21 20:46:53

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 9% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8

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Microsoft stock pops 8% on earnings beat as Azure annual revenue tops $75 billion

cnbc.com Jordan Novet 2025-12-22 00:51:17

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 8% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8

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Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

cnbc.com Ari Levy Jordan Novet 2025-12-22 00:39:24

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. The $4 trillion club has a second member, at least based on after-hours trading. Following a better-than-expected earnings report on Wednesday, Microsoft shares jumped 8%, lifting the software giant's market cap to about $4.1 trillion. Should the rally stick on Thursday, Microsoft would join chipmaker Nvidia , which hit $4 trillion for the first

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Microsoft's stock pops 7% on earnings beat as Azure annual revenue tops $75 billion

cnbc.com Jordan Novet 2025-12-22 05:48:42

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on , April 4, 2025. Microsoft shares jumped 7% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73

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Microsoft reports strong cloud earnings, with Windows and Xbox up too

theverge.com Tom Warren 2025-12-22 05:12:05

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Microsoft just posted the fourth and final quarter of its 2025 fiscal financial results. The software maker made $76.4 billion in revenue and a net income of $27.2 billion during Q4. Revenue is up 18 percent, and net income has increased by 24 percent. Like clockwork, cloud services are the strong point of Microsoft’s revenue this quarter. Azure revenue grew 39 percent year-ov

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Apple set to acquire yet another campus in the Bay Area

9to5mac.com Marcus Mendes 2025-12-23 15:13:29

Apple’s real estate spree in Silicon Valley continues, as the company is reportedly in contract to make its third major Bay Area acquisition this year alone. Here are the details. $882 million in a little more than a month Citing sources familiar with the deal, the San Francisco Chronicle says that Apple has agreed to purchase the four-building Mathilda Campus at 505–599 North Mathilda Avenue and 605 West Maude Avenue for $365 million. As with the other two recent acquisitions, Apple already

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AAPL Q3 2025: Analysts expect low growth, iPhone and Mac up, iPad down

9to5mac.com Ben Lovejoy 2025-12-23 15:26:48

We’re just a day away from the AAPL Q3 2025 earnings report, covering April to June. Apple said it expected single-digit growth, and analysts expect this to be toward the lower end of the scale. Digging into the detail, the consensus view is that both iPhone and Mac revenue will be up year-on-year, while iPad earnings will be down … AAPL Q3 2025 revenue expectations Apple saw revenue grow 5% year-on-year in fiscal Q2, and said we should expect similar in Q3. Analysts are slightly more pessimi

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Luma and Runway expect robotics to eventually be a big revenue driver for them

techcrunch.com Rebecca Szkutak 2025-12-25 00:12:43

In Brief AI video-generating startups Luma and Runway are looking beyond movie studios. These video-generating AI companies have their sights set on other markets for future revenue streams and have been in talks with both robotics and self-driving car companies, according to reporting from The Information. The report didn’t identify which companies Luma and Runway are in talks with. This potential revenue stream makes sense for Luma in particular. The company announced it was looking to buil

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Josh Hawley Wants to Send Out Rebate Checks So Americans Can ‘Benefit’ From Trump’s Tariffs

gizmodo.com Lucas Ropek 2025-12-26 10:05:54

President Trump’s tariffs have generated around 20 billion dollars in revenue for the U.S. government, although it’s worth noting that a vast majority of this wealth has been derived from import duties on American businesses. In other words, Americans are paying the federal government (many critics have noted that tariffs are just taxes by another name) for the pleasure of doing business with foreign exporters. For the fiscally confused, the New York Times recently wrote an explainer on tariffs

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Spotify hits 696M users, but returned to making a loss

9to5mac.com Ben Lovejoy 2025-12-26 15:11:44

Spotify has posted its latest earnings report, stating that both paid and free users were up more than 10% year-on-year, but the company returned to making a loss … Spotify announced solid growth in both subscribers and revenue: Subscribers climbed 12% Y/Y to 276 million. climbed 12% Y/Y to 276 million. Monthly Active Users grew 11% Y/Y to 696 million. grew 11% Y/Y to 696 million. Total Revenue increased 10% Y/Y to €4.2 billion. increased 10% Y/Y to €4.2 billion. Gross Margin improved by 22

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Why I swear by this Garmin smartwatch over competing models (including the Apple Watch Ultra)

zdnet.com Matthew Miller 2025-12-31 10:32:00

Garmin Venu X1 ZDNET's key takeaways The Garmin Venu X1 is available in two color options for $799.99. The big 2-inch display is fantastic, the LED flashlight is brilliant, the thin case and light band make it a joy to wear, and the calculator now has a tip button. The always-on mode reduces battery life significantly, the watch is expensive, and dual-band GPS is not installed. $799.99 at Amazon $799.99 at Crutchfield more buying choices I've been using Garmin sports watches for over a decade

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YouTube sees a rise in ad revenue to reach nearly $10B

techcrunch.com Lauren Forristal 2026-01-03 16:02:57

YouTube continues to lead in the streaming market, with advertising revenue increasing by 13% year over year, according to Alphabet, Google’s parent company, in its second-quarter earnings report released on Wednesday. This growth brings YouTube’s total ad revenue to $9.8 billion, up from $8.7 billion in the same period last year. The company slightly exceeded analyst expectations, which had forecast YouTube’s Q2 ad revenue to be around $9.6 billion. For years, YouTube has been striving to cap

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The Next Planet Parade Takes Place at the End of August. Here's How to See It

cnet.com See Full Bio 2026-01-04 02:44:36

Fresh off the excitement of the Perseids meteor shower is a chance to see six planets in the sky at the same time. These events, colloquially known as planet parades, only occur about once or twice a year, with the most recent one in February showing off all seven planets at once. The next one will feature six of our closest celestial neighbors, and the event starts on Aug. 20. The six planets sharing the sky will be Mercury, Venus, Jupiter, Saturn, Neptune and Uranus. Mars will technically be

Topics: aug ll planets sky venus

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IBM shares drop as software revenue misses

cnbc.com Jordan Novet 2026-01-04 10:19:14

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. IBM shares fell as much as 6% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here's how the company did in comparison with LSEG consensus: Earnings per share: $2.80 adjusted vs. $2.64 expected $2.80 adjusted vs. $2.64 expected Revenue: $16.98 billion vs. $16.59 billion IBM's revenue increased nearly 8% year over

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YouTube sees a rise in ad revenue to reach nearly $10 billion

techcrunch.com Lauren Forristal 2026-01-04 10:02:57

YouTube continues to lead in the streaming market, with advertising revenue increasing by 13% year over year, according to Alphabet, Google’s parent company, in its second-quarter earnings report released on Wednesday. This growth brings YouTube’s total ad revenue to $9.8 billion, up from $8.7 billion in the same period last year. The company slightly exceeded analyst expectations, which had forecast YouTube’s Q2 ad revenue to be around $9.6 billion. For years, YouTube has been striving to cap

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Alphabet beats earnings expectations, raises spending forecast

cnbc.com Jennifer Elias 2026-01-04 20:58:14

Google CEO Sundar Pichai gestures to the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025. Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Shares of the company were up slightly in after hours trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Revenue: $96.43 billion vs. $94 bill

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IBM shares drop despite earnings beat

cnbc.com Jordan Novet 2026-01-04 20:49:59

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. IBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here's how the company did in comparison with LSEG consensus: Earnings per share: $2.80 adjusted vs. $2.64 expected $2.80 adjusted vs. $2.64 expected Revenue: $16.98 billion vs. $16.59 billion IBM's revenue increased nearly 8% year over

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Tesla’s earnings hit a new low, with largest revenue drop in years

theverge.com Andrew J. Hawkins 2026-01-04 20:20:40

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12

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Tesla profits pulled down by falling EV sales and regulatory credits

techcrunch.com Kirsten Korosec 2026-01-04 20:48:04

Falling EV sales combined with a lower average selling price, less revenue from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line during the second quarter of 2025. And a 17% growth in revenue in its services business, which includes cash generated from its Supercharging network, wasn’t enough to close the gap. The company reported Wednesday revenue of $22.5 billion, a 12% decline from the same period last year. The company’s second quarter

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Texas Instruments' stock falls on weak forecast

cnbc.com Kif Leswing 2026-01-07 10:01:09

Texas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings. but the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share : $1.41, vs. $1.35 estimated : $1.41, vs. $1.35 estimated Revenue: $4.45 billion, vs. $4.36 billion estimated Texas Instruments said it expects current quarter earnings between $1.36 and $1.60 per share,

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The Hater's Guide to the AI Bubble

news.ycombinator.com View All 2026-01-09 03:57:18

Hey! Before we go any further — if you want to support my work, please sign up for the premium version of Where’s Your Ed At, it’s a $7-a-month (or $70-a-year) paid product where every week you get a premium newsletter, all while supporting my free work too. Also, subscribe to my podcast Better Offline , which is free. Go and subscribe then download every single episode. One last thing: This newsletter is nearly 14,500 words. It’s long. Perhaps consider making a pot of coffee before you start

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Grok’s AI companions drove downloads, but its latest model is the one making money

techcrunch.com Sarah Perez 2026-01-10 04:20:29

Grok’s raunchy, unfiltered AI companions may be making headlines for their unhinged and often NSFW responses, but it’s Grok 4, xAI’s latest model, that’s been driving the app’s revenue of late. Elon Musk’s xAI launched Grok 4 late on July 9, and by Friday, July 11, Grok’s gross revenue on iOS had jumped a whopping 325% to $419,000, up from $99,000 the day before the Grok 4 launch, according to app intelligence firm Appfigures. Image Credits:Appfigures Grok continued to pull in higher-than-usu

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I swapped my Apple Watch Ultra for this big-screen Garmin that's easier to read

zdnet.com Matthew Miller 2026-01-14 05:20:36

ZDNET's key takeaways The Garmin Venu X1 is available in two color options for $799.99. The big 2-inch display is fantastic, the LED flashlight is brilliant, the thin case and light band make it a joy to wear, and the calculator now has a tip button. The always-on mode reduces battery life significantly, the watch is expensive, and dual-band GPS is not installed. $799.99 at Amazon $799.99 at Crutchfield more buying choices I've been using Garmin sports watches for over a decade and have prett

Topics: apple garmin venu watch x1

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TSMC profit surges 61% to record high fueled by AI chip demand

cnbc.com Dylan Butts 2026-01-17 15:09:14

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting a record high and beating estimates, as demand for artificial intelligence chips stayed strong. The world's largest contract chip manufacturer fo

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Latest Tech News

Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

The Next Planet Parade Takes Place at the End of This Month. Here's How to See the Planets Line Up

Apple reports biggest revenue growth since December 2021

Coinbase shares tumble as second-quarter revenue disappoints

After laying off 15,000 employees, Microsoft reveals Xbox Game Pass revenue hit nearly $5 billion

Robinhood reports second-quarter earnings beat with revenue climbing 45%

Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

Microsoft stock pops 8% on earnings beat as Azure annual revenue tops $75 billion

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

Microsoft's stock pops 7% on earnings beat as Azure annual revenue tops $75 billion

Microsoft reports strong cloud earnings, with Windows and Xbox up too

Apple set to acquire yet another campus in the Bay Area

AAPL Q3 2025: Analysts expect low growth, iPhone and Mac up, iPad down

Luma and Runway expect robotics to eventually be a big revenue driver for them

Josh Hawley Wants to Send Out Rebate Checks So Americans Can ‘Benefit’ From Trump’s Tariffs

Spotify hits 696M users, but returned to making a loss

Why I swear by this Garmin smartwatch over competing models (including the Apple Watch Ultra)

YouTube sees a rise in ad revenue to reach nearly $10B

The Next Planet Parade Takes Place at the End of August. Here's How to See It

IBM shares drop as software revenue misses

YouTube sees a rise in ad revenue to reach nearly $10 billion

Alphabet beats earnings expectations, raises spending forecast

IBM shares drop despite earnings beat

Tesla’s earnings hit a new low, with largest revenue drop in years

Tesla profits pulled down by falling EV sales and regulatory credits

Texas Instruments' stock falls on weak forecast

The Hater's Guide to the AI Bubble

Grok’s AI companions drove downloads, but its latest model is the one making money

I swapped my Apple Watch Ultra for this big-screen Garmin that's easier to read

TSMC profit surges 61% to record high fueled by AI chip demand

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