by Malik Runswick | Aug 2, 2020 | Business Ideas
Apple reported sales growth across all its products, with iPads and Mac computers in particular benefiting from the shift to working and learning from home. Apple’s overall sales rose 11% in the third quarter to $59.7 billion and profits increased 12% to $11.25 billion. Earnings came in at $2.58 per share. Analysts had expected earnings […]
by Malik Runswick | Jul 30, 2020 | Business Economics
The customised electronics specialist said it expects to resume acquisitions as market conditions improve in the second half of the year discoverIE Group PLC () has said its order book “remains strong” and that it sees “significant scope for further expansion” in its...
by Malik Runswick | Jul 22, 2020 | Business Education
IBM reported a 5.4% decline in quarterly revenue but its stock jumped in after-hours trading Monday amid optimism that its push into cloud computing may finally be paying off. According to Reuters, IBM’s cloud strategy may be getting a boost as “large corporations...
by Malik Runswick | Jul 22, 2020 | Business Economics
The owner of Snapchat reported better-than-expected quarterly results but slowing user and revenue growth appeared to weigh on investors. Snap’s revenue, which comes from advertising sales, rose 17% to $454.2 million in the second quarter, beating estimates of $439.1...
by Malik Runswick | Jul 20, 2020 | Business Economics
China’s official figure was markedly better than the 1.3pc on-year growth tipped by an AFP poll of analysts, although still among the lowest rates on record. The economy contracted 1.6pc on-year in the first six months, the NBS said, while the urban unemployment...
