Enlarge / Apple CEO Tim Cook. Drew Angerer/Getty Images Despite disruptions to both supply and demand caused by the global COVID-19 pandemic, Apple posted $ 58.3 billion in revenue in its second quarter, eking out 1 percent growth over last year’s second quarter. This beat some recent expectations by investors, but it falls well behind […]
Uber posted $ 1 billion in losses last quarter on $ 3 billion in revenue in its first quarterly report released as a public company on Thursday. (Josh Edelson/AFP/Getty Images) Faiz Siddiqui San Francisco-based tech reporter covering automation and the future of transportation, including Tesla, Uber and Lyft May 30 at 7:09 PM Uber lost […]
The global smartphone market, and its biggest player Samsung, had a rough time during the third quarter of 2018. On Thursday, IDC reported that smartphone vendors shipped 355.2 million units from July to September, down 6 percent from 377.8 million a year earlier. “This was the fourth consecutive quarter of year-over-year declines for the global […]
(Reuters) — Uber Technologies said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019. Under the leadership of Dara Khosrowshahi, who became chief executive in September, Uber has juggled […]