Apple says iPhones were down 15% last quarter, but everything else was up 19%

Enlarge / iPhones are seen at an Apple Store in Tianjin, China. (credit: Zhang Peng/LightRocket via Getty Images) Apple today shared its fiscal first-quarter revenue with shareholders. As investors feared and as previously warned, Apple posted revenue of $ 84.3 billion for the quarter ending in December, missing revenue expectations in the quarter by around […]

NHL quarter mark: Oilers GM in panic mode with McLellan firing

Peter Chiarelli either made a brilliant move in bringing in Sherwood Park's own Ken Hitchcock as Edmonton Oilers head coach to save their season or a futile one that will cost the general manager his job in the spring. The Oilers won their first game under Hitchcock, a 4-3 decision in overtime against the hometown San […]

China’s NIO Sold 3,268 Autos Last Quarter, Most of Them Last Month

Nio, originally launched as NextEV in 2014, announced that it had delivered 3,268 electric SUVs in the third quarter of 2018. Not only does this beg the question of when Nio swapped from Formula E and electrified hypercars to utility vehicles, but it also makes us wonder how a burgeoning EV firm managed to surpass production goals. […]

Elon Musk tells employees to ‘ignore all distractions’ as the quarter ends and pressure from the SEC mounts, leaked email reveals (TSLA)

Aaron Bernstein / Reuters On Friday Elon Musk emailed Tesla employees and told them to “ignore all distractions” as the third quarter comes to a close. Tesla’s stock started crashing after hours on Thursday when the SEC filed a lawsuit against Musk for making false statements about the company, including his claim that he would […]

Services drove Apple’s best third quarter ever, but iPhone sales aren’t growing

Enlarge / Apple CEO Tim Cook speaks about the new Apple headquarters during a media event in Cupertino, California, on September 12, 2017. (credit: JOSH EDELSON/AFP/Getty Images) Apple reported very strong earnings to investors on its quarterly earnings call today. The company beat most analysts’ predictions for the quarter with a 17-percent increase in revenue […]

Google faced lots of challenges in 2nd quarter but Wall Street is confident earnings are unaffected (GOOG, GOOGL)

Google faced an antitrust investigation in Europe and saw thousands of employees protest the company’s AI work with the military and even saw a woman shoot up YouTube’s headquarters during the second quarter. Wall Street analysts expect that none of it harmed the company’s financial performance. Analysts expect the company to report net revenue of […]

Don’t Miss Out on 5x Earnings on Lyft, Gas Stations, Walgreens This Quarter

Don’t Miss Out on 5x Earnings on Lyft, Gas Station, Walgreens Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]

Morgan Stanley beats, posts record quarter (MS)

Neilson Barnard/Getty Images Morgan Stanley just had huge first-quarter earning results on Wednesday morning.  The bank reported adjusted earnings per share of $ 1.45, a 45% increase from last year.See the rest of the story at Business Insider NOW WATCH: There’s only one thing that can rescue stocks from a trade war disaster See Also: […]

Raptors come alive in 4th quarter for Game 1 victory over Wizards

It took 17 years, but the Toronto Raptors’ woeful Game 1 losing streak is over. Serge Ibaka scored 23 points and had 12 rebounds, while DeMar DeRozan added 17 points and six assists, and the Raptors beat the Washington Wizards 114-106 in Saturday’s Game 1 of the Eastern Conference playoffs. It is the first time […]