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February 3, 2023, 7:35 AM
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Apple:
Apple reports Q1 revenue down 5% YoY to $117.2B, marking its largest annual quarterly revenue decline since 2016, and net income down 13% YoY to $30B  —  Installed base crosses 2 billion active devices and hits all-time high for all major product categories  —  Services set new all-time revenue record
Kif Leswing / CNBC:
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, and Wearables, Home, and Accessories down 8% YoY to $13.5B  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Apple missed expectations for revenue, profit, and sales for many of its lines …
Aaron Tilley / Wall Street Journal:
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing”  —  Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years
Michael Potuck / 9to5Mac:
Apple reports Q1 Services revenue up 6% YoY to $20.8B and says its install base crossed 2B active devices, up from 1.8B devices the company reported in Q1 2022
Davey Alba / Bloomberg:
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search”  —  Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations …
Thomas Maxwell / Insider:
YouTube Shorts has surpassed 50B daily views, up from 30B in April 2022; YouTube began sharing ad revenue with Shorts creators starting February 1  —  - YouTube Shorts now sees more than 50 billion daily views, up from 30 billion the year prior.  — The short-form video format was launched in 2021 as a response to TikTok.
Alphabet:
Alphabet reports Q4 revenue up 1% YoY to $76B, net income down 34% YoY to $13.6B, Google Cloud revenue up 32% YoY to $7.3B, and employees up 22% YoY to 190,234  —  MOUNTAIN VIEW, Calif. - February 2, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2022.
Tom Schoenberg / Bloomberg:
Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research  —  US prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp.'s dealings with fallen crypto giants FTX …
BuzzFeed News:
Twitter ending free API access could have the unfortunate side effect of effectively killing off many useful bots like @MakeItAQuote, @BigTechAlert, and more  —  “I'm not paying a dime to Elon lol.”  —  Pranav Dixit  —  One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.
TechCrunch:
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead
More: The Verge, VICE, Techdirt, Horrific/Terrific, No Gloss, No Veneer …, Mashable, gHacks Technology News, CNBC, PhoneArena, Daring Fireball, Tubefilter, and Fast Company
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Tweets: @twitterdev, @elonmusk, @luca, @twitterdev, @get_alttext, @molly0xfff, @good_faces_bot, @agoldmund, @orchestrative, @redman, @chipfoxx, @maxkennerly, @mulligan, @mattbinder, @film_girl, @mikeisaac, @thepacketrat, @wongmjane, @wongmjane, @ninstatusbot, @alex_kirshner, @twitterdev, @josephpolitano, @josephpolitano, @carnage4life, @functi0nzer0, @kingkool68, @supersparkplugs, @mjg59, @anythingbott, @mjg59, @oalexanderdk, @0xabad1dea, @anythingbott, @halomancer1, @pookleblinky, @heyjenbartel, @webster, @shitpostbotmin, @mylesborins, @pkmnframes, @caseyjohnston, @rabbit_ebooks, @markpopham, @win98tech, @kottke, @sweetpavement, @steveluvender, @jgee, @mattsheffield, @keithkurson, @madokaframes, @atomicthumbs, @thdxr, @molly0xfff, @liora_, @zsk, @tomcoates, @penamerica, @jangles, @rsarver, @dancow, @ashevat, @digiphile, @acaguy, @tiffanyleigh, @mgsiegler, @frogandtoadbot, @pkmnframes, @sbframesinorder, @russellbrandom, @esqueer_, @flynnjamm, @emojimashupbot, @frosunliberal, @mubashariqbal, @nickcicero, @connollyebooks, @renfamous, @godlessbot, @aliceavizandum, @migueldeicaza, @helenkennedy, @_restaurant_bot, @solomonmg, @kimzetter, @craigsilverman, @enichan, @ow, @mild_sunrise, @tabitasurge, @dimensionmedia, @chetfaliszek, @tree_of_alpha, @chrisapplegate, @theessem, @acecourtbot2, @frankdegods, @namgoreng, @geoffwithasword, @pixeldesu, @kisu_morrow, @splatoon3ink, @jeffseibert, @tier10k, and @stampsbot
See also Mediagazer
Amazon:
Amazon reports Q4 revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and number of employees down 4% YoY to 1.54M  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2022.  Fourth Quarter 2022
Annie Palmer / CNBC:
Amazon reports Q4 advertising services revenue grew 19% YoY to $11.56B, vs. $11.38B est., and subscription services revenue grew 13% YoY to $9.19B
Sergiu Gatlan / BleepingComputer:
A former employee of IoT manufacturer Ubiquiti pleaded guilty to stealing gigabytes of confidential data in December 2020 and extorting the company for ransom  —  Nickolas Sharp, a former Ubiquiti employee who managed the networking device maker's cloud team, pled guilty today …

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This is a Techmeme archive page. It shows how the site appeared at 7:35 AM ET, February 3, 2023.

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From Mediagazer

Oliver Darcy / Status:
New York Magazine says Olivia Nuzzi is on leave after admitting a personal relationship with a campaign figure; sources: the person is Robert F. Kennedy Jr.

Dean Takahashi / VentureBeat:
Amazon's Twitch is launching The Glitch, a “brand-customizable” game world in Fortnite, on September 20, with two brand partners having their own in-game worlds

New York Times:
For marketers, ensuring brand safety on YouTube and other platforms has become difficult during the US election, as their ads appear next to inflammatory videos

More News

Earlier Picks

Mark Gurman / Bloomberg:
Sources: Apple decided not to replace departing VP of Industrial Design Evans Hankey; its group of ~20 industrial designers will report to COO Jeff Williams
Wall Street Journal:
TikTok's playbook to win DC's trust, like touring its Transparency and Accountability Center in California, echoes Huawei's unsuccessful US and Europe strategy
Tom Warren / The Verge:
Sony introduces Discord voice calls in beta for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more
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