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The iPhone now makes up less than half of Apple's business Apple today reported its fiscal third quarter 2019 earnings, earning $53.8 billion in revenue and earnings per share of $2.18. That revenue is a 1 percent jump year over year. iPhone revenue was $25.99 billion compared to $29.47 billion a year ago.
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AT&T kills DirecTV Now brand name as TV subscribers leave in droves AT&T is eliminating the DirecTV Now brand name it uses for its struggling Internet-based TV service. DirecTV Now will become "AT&T TV Now" later this summer, AT&T announced today. DirecTV Now (the future "AT&T TV Now") offers a bundle of linear TV ...
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Apple confirms the Apple Card is coming in August The Apple Card, the company's credit card that was announced at its services event this past spring, will begin accepting applications in August, the company confirmed during its 2019 third fiscal quarter earnings call. "Thousands of Apple employees are ...
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Huawei sales grow 23% despite US restrictions on its business Shenzhen (CNN Business) Huawei is still growing despite a continued US campaign aimed at crimping its global reach. Sales jumped to more than $58 billion in the first six months of this year, boosted by growth in the Chinese tech firm's smartphone ...
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Merck Reports Fantastic Q2 Earnings Results: 4 Things You Need to Know Merck (NYSE:MRK) turned in a really good performance the last time it reported its quarterly results in April. The big drugmaker handily topped Wall Street analysts' revenue and earnings estimates, with cancer immunotherapy fueling much of its growth.
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P&G CEO says US consumer 'remains strong' despite global trade concerns Procter & Gamble Chairman and CEO David Taylor told CNBC on Tuesday that the U.S. consumer "remains strong" despite global growth fears amid the U.S. trade war with China. "We're doing everything we can with the innovation that we bring to continue ...
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Halfway through earnings season, it looks like we are going to dodge the feared profit recession Tuesday marks the halfway mark — more than half of the S&P 500 has reported second half earnings. The good news: 1) Second quarter earnings are providing few surprises — earnings are beating estimates by the usual percentages (76% of those ...
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Pfizer Shares Drop Most in Decade After Mylan Deal, Weak Outlook Pfizer Inc. shares took their largest drop in more than a decade, a day after announcing plans to combine its unit selling aging blockbuster drugs such as Lipitor and Viagra with generic drugmaker Mylan NV. The 6.4% decline Tuesday was the company's ...
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Gilead beats revenue estimates as HIV drugs offset weak hepatitis C demand (Reuters) - Gilead Sciences Inc (GILD.O) beat analysts' estimates for quarterly revenue on Tuesday, driven by higher sales of its HIV treatments, and the drugmaker raised its 2019 sales forecast. FILE PHOTO: A Gilead Sciences, Inc. logo is seen outside the ...
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Ford acquires software company Journey Holding Ford has agreed to acquire Journey Holding Corporation, a company that has developed vehicle tracking software and app-based technology designed for public transportation, as the automaker seeks to scale up its new mobility business. Journey Holding ...
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Tesla unleashes Megapack battery to take on natural gas plants Tesla said the Megapack will arrive preassembled and pretested in one enclosure from its Gigafactory. Tesla. Tesla has announced the Megapack battery, its largest energy storage product to date. The company aims to support energy grid usage during peak ...
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Here's Why Under Armour Stock Is Getting Crushed Today Shares of Under Armour (NYSE:UA)(NYSE:UAA) were down 13.7% and 12.5%, respectively, at 12:28 p.m. EDT on Tuesday, following the release of the company's second-quarter results this morning. At the open, shares were down more than 18%.
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UPDATE 1-South African bourse CEO to retire after eight years at the helm (Adds detail, quotes). JOHANNESBURG, July 30 (Reuters) - The chief executive of Johannesburg Stock Exchange (JSE) will retire at the end of September after a transformative eight years at the helm of Africa's biggest securities exchange, the bourse said ...
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We were oblivious to Eskom's underlying problems, says outgoing CEO Hadebe JOHANNESBURG - Outgoing Eskom boss Phakamani Hadebe on Tuesday laid bare the problems at the South African power utility as it reported a catastrophic net loss after tax of R20.7 billion for the year ended 31 March, up from a R2.3 billion loss the ...
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India's 'coffee king' has gone missing and pressure from partners, lenders, and the taxman might be to blame India's 'Coffee King' V.G. Siddhartha Reuters. The founder of India's largest coffee chain has gone missing and mounting pressure from partners, lenders, and the taxman could be to blame. V.G. Siddhartha, who launched Coffee Day in 1996, was last seen on ...
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Southwest Airlines flight attendant inside overhead compartment 'perplexes' passenger Maybe that's why passengers have to gate check their bags – the overhead compartments are filled with flight attendants. A recent Southwest Airlines flight from Nashville to Philadelphia began on an odd note when a passenger spotted a flight attendant ...
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CannTrust board kept in dark on unlicensed grow room: Interim CEO VAUGHAN, Ont. — The interim chief executive of CannTrust Holdings Inc. said the board was kept in the dark about unlicensed growing at its Ontario greenhouse and only learned of the allegations after Health Canada notified the pot company of its ...
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Apple, Microsoft and Google to test new standard for patient access to digital health data A newly released data model and draft implementation guide for providing directly to patients digital access to historical health insurance claims data could mean you have better access to this info from the devices you use everyday. Called the CARIN Blue ...
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Verizon outage affects QC, spreads across Illinois UPDATE: Service has been restored to the Quad Cities and surrounding areas. EARLIER UPDATE: Verizon Wireless Customer Support said on social media that "a connectivity issue is causing a service interruption in parts of Illinois. Our engineers are ...
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Breast cancer screening review announced as demand grows A fundamental review of the Scottish Breast Screening Programme has been announced in the wake of growing demand for the service. The review will assess the current programme, including the pressures it faces, and is expected to last a year.
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