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April 28, 2022, 10:35 PM
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| Business Wire: |
Apple reports Q2 revenue of $97.3B, up 9% YoY, $25B net income, up from $23.6B YoY, authorizes an additional $90B in share repurchases, and hikes dividend by 5% — Revenue up 9 percent to new March quarter record — Services revenue reaches new all-time high
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Bloomberg, AppleInsider, CNET, CRN, 9to5Mac, MacRumors, New York Times, iDownloadBlog.com, and BGR
Tweets: @jsnell, @darth, @darth, @jsnell, @neilcybart, @kirkburgess, @stevekovach, @asymco, @ryanreith, @inafried, @epro, @iansherr, @susanlitv, @benbajarin, @caro_milanesi, @neilcybart, @anthony, @neilcybart, @iansherr, and @kfury
| Kif Leswing / CNBC: |
Apple Q2 revenue: $50.57B from iPhone, up 5.5% YoY, $10.44B from Mac, up 14.7% YoY, $7.65B from iPad, down 1.9% YoY, and $8.8B from other products, up 12.4% YoY — - Apple's revenue grew nearly 9% year over year during the quarter ended in March. — But shares fell nearly 4% …
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9to5Mac, The Verge, Wall Street Journal, Ars Technica, MacRumors, iMore, Digital Trends, AppleInsider, 9to5Mac, Six Colors, TechCrunch, 9to5Mac, Macworld, Investopedia, MobileSyrup, Axios, Barron's Online, iPhone Hacks, The Mac Observer, iPhone in Canada Blog, AppleInsider, Philip Elmer‑DeWitt, and Cult of Mac
Tweets: @jsnell, @cnbc, @cnbcnow, @neilcybart, @asymco, @neilcybart, @htsfhickey, @neilcybart, @munster_gene, @neilcybart, @munster_gene, @jimcramer, @brandonbutch, @jsnell, @jsnell, @kantrowitz, @jyarow, @jyarow, @joannastern, @kifleswing, @alex, @samifathi_, @wsj, and @jsnell
| Reuters: |
Apple reports Services revenue grew 17% YoY to $19.8B in Q2 2022 and 825M paying subscribers globally across all its services, up from 785M in Q1 2022 — Apple Inc (AAPL.O) on Thursday reported record fiscal second-quarter sales and profit that beat Wall Street estimates as it managed chip shortages …
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TechCrunch, MacRumors, CNET, 9to5Mac, Variety, Billboard, and iMore
Tweets: @patrickmcgee_, @caro_milanesi, @asymco, @greengart, @asymco, @daveleeft, @asymco, and @patrickmcgee_
| Romain Dillet / TechCrunch: |
Snap announces Pixy, a $230 mini drone that can capture 2.7K videos and 12MP photos, syncs with Snapchat, and weighs 101g, available in the US and France — Meet Pixy, Snap's little flying companion. Pixy is a mini drone that can act as a camera sidekick when you can't ask someone to take a video of you.
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The Verge, newsroom.snap.com, FCC, Bloomberg, YouTube, Mashable, The Economic Times, The Verge, Android Central, Android Police, Input, MobileSyrup, Fast Company, Engadget, KnowTechie, Wired, Gizmodo, 9to5Google, Variety, and CNBC
Tweets: @caseynewton, @vadimyuryev, @mattnavarra, @pierce, @pt, @mcwm, @qwongsj, @libshipwreck, @hypervisible, @jetscott, @alexeheath, @bigblackjacobin, @awallenstein, @mcproulx, @mgsiegler, @parkerortolani, @casey, @scobleizer, @harrymccracken, @sarahintampa, @alexeheath, @alexhern, @dcseifert, @itsalexclark, @brianroemmele, @vjeranpavic, @joannastern, @reckless, and @kylebrussell
| Alex Hern / The Guardian: |
Snap CEO Evan Spiegel dismisses Meta's metaverse ambitions as “ambiguous and hypothetical” and says the word “metaverse” is never uttered in Snap's offices — Founder says his company is committed to augmenting the real world rather than replacing it
More:
Financial Times and The Verge
Tweets: @mgsiegler, @ernestc_smitten, @amaldorai, @mr_derivatives, @liahaberman, @mattnavarra, @daveleeft, @mcwm, @jerrycap, and @tfadell
| Joanna Stern / Wall Street Journal: |
Snap Pixy review: a cute drone with four flying modes, but the footage quality is not the best, the battery lasts only a few flights, and it can't handle wind — With this new kind of flying camera, Snapchat's creators take the stress out of piloting remote-controlled aircraft for aerial photography.
More:
newsroom.snap.com, CNET, Digit, Neowin, DroneDJ, MacRumors, SlashGear, TechSpot, Redmond Pie, Liliputing, Sublink, and PCMag
Tweets: @teroterotero, @jeremyburge, @counternotions, @robaeprice, @joannastern, @heatherkelly, and @petersterne
| Romain Dillet / TechCrunch: |
More:
newsroom.snap.com, Tubefilter, Protocol, and dot.LA
Tweets: @richlightshed, @richlightshed, @scobleizer, @anshelsag, and @snapar
| Bloomberg: |
Sources: during Twitter deal negotiations, Elon Musk said he would be focused on the company's bottom line and floated the idea of cutting both costs and jobs — As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused …
More:
TechCrunch, Washington Post, The Verge, Billboard, and Social Media Today
Tweets: @goldman, @lopezlinette, @reckless, @kairyssdal, @dudejohan, @ivanthek, and @danprimack
| Financial Times: |
More:
Hacking, But Legal, Washington Post, AdExchanger, and Protocol
Tweets: @scalzi, @muradahmed, @tim, @kantrowitz, @davidrlurie, @mikeelgan, and @ishaantharoor
| Business Wire: |
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
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PYMNTS.com, Reuters, GeekWire, CNBC, Gizmodo, and SiliconANGLE
Tweets: @thestalwart, @tcarmody, @thestalwart, @markdistef, @plantmath1, @unusual_whales, @jerrycap, @justin_hart, @pkedrosky, @tcarmody, @jerrycap, @trendspider, @epro, and @garyblack00
| Annie Palmer / CNBC: |
Amazon reports Q1 advertising services revenue grew 23% YoY to $7.88B vs $8.17B est., and subscription services grew 11% to $8.4B — - Amazon on Thursday gave a revenue forecast that trailed analysts' estimates. — Growth rates are at their slowest since the dot-com bust in 2001.
More:
Engadget, Wall Street Journal, The Verge, New York Times, GameSpot, iPhone in Canada Blog, and Variety
Tweets: @quinnypig, @quinnypig, @cnbcnow, @quinnypig, and @carnage4life
| Jesse Pound / CNBC: |
Robinhood reports Q1 revenue down 43% YoY to $299M, vs. $355.8M est., net loss of $392M, down from $1.4B YoY, 15.9M MAUs, down from 17.7M YoY; stock drops 10%+ — Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter …
More:
PYMNTS.com, Decrypt, GlobeNewswire News Room, The Block, Associated Press, Forbes, Protocol, Wall Street Journal, and Bloomberg
Tweets: @carnage4life, @unusual_whales, and @cnbc
| João Carrasqueira / XDA Developers: |
A Microsoft support page shows the company is testing the Microsoft Edge Secure Network feature, a built-in VPN-like service for Edge, powered by Cloudflare — Microsoft is testing a VPN-like service for its Edge browser, adding a new layer of security and privacy to the browsing experience.
Source:
Microsoft Support. More:
BleepingComputer, SlashGear, TNW, Digital Trends, OnMSFT.com, WinBuzzer, Windows Central, 9to5Google, and ZDNet
| Jacob Kastrenakes / The Verge: |
Twitter says it overstated mDAUs from Q1 2019 to Q4 2021 by up to 1.9M per quarter, counting one user's multiple accounts as active, even if they weren't in use — How did this happen twice? — Twitter overstated the number of daily users on its service for three years straight, overcounting by up to 1.9 million users each quarter.
More:
TechCrunch, Bloomberg, Financial Times, Input, govtech.com, 9to5Mac, and iPhone in Canada Blog
Tweets: @sarafischer, @lukebk, @sarthakgh, @kantrowitz, @rob_cyran, @kantrowitz, @reckless, @bradmichelson, @pkafka, @dcseifert, and @timodc
| Lauren Feiner / CNBC: |
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PR Newswire, New York Times, Wall Street Journal, BBC, Bloomberg, SiliconANGLE, and Coinspeaker
Tweets: @kurtwagner8, @kurtwagner8, @b_fung, @tomaxwell, @alexweprin, @twitterir, @benedictevans, @kurtwagner8, @jamespmcleod, @zerohedge, @robinw, @modestproposal1, @jonerlichman, @techau, @techau, @flytip, and @jpmaheu
| Lauren Forristal / TechCrunch: |
Amazon launches Audio Streaming for Hearing Aids on second-gen Fire TV Cubes for Starkey hearing aids, the first US streaming media player to support ASHA — Today, Amazon Fire TV announced the launch of Audio Streaming for Hearing Aids (ASHA) on Fire TV Cube (2nd gen) for compatible Bluetooth hearing aids from Starkey.
More:
Amazon Fire TV, PYMNTS.com, CNET, iPhone in Canada Blog, Engadget, and AFTVnews
| Olga Kharif / Bloomberg: |
Analysis of 3,759 non-stablecoin tokens: ~80% of freshly minted cryptocurrencies are underwater, with average one-year returns close to zero relative to bitcoin — About 80% of freshly minted cryptocurrencies are underwater and their average returns are close to zero relative to Bitcoin within a year … | Jordan Novet / CNBC: |
Intel reports Q1 revenue down 7% YoY to $18.35B, vs. $18.31B est., Datacenter and AI revenue of $6B, up 22% YoY, and Client Computing revenue of $9.3B, down 13% — - Intel beat on the top and bottom lines for the first quarter but forecast weak quarterly guidance. — The company's quarterly PC chip business came in light.| Malique Morris / The Information: |
Document: one-click checkout service Bolt's revenue has stalled and has been losing customers amid competition from PayPal and Shopify; Bolt is valued at $11B — Bolt, which develops software that online stores use to help shoppers pay with one click, started the year riding high …
Tweets: @mdudas and @kateclarktweets
| William Li / Counterpoint Research: |
Global PC shipments fell 4.3% YoY to 78.7M in Q1 2022; Lenovo shipped 9.5% less, HP shipped 16% less due to weak Chromebook sales, and Apple shipped 8% more — Taipei, London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Seoul - April 28, 2022 — Global PC shipments fell 4.3% YoY …
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MacDailyNews, TechSpot, Tom's Hardware, Digital Trends, and iThinkDifferent. Tweets: @frankcatalano
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