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Apple Reports 17% Sales Jump, Powered by iPhones
The Silicon Valley company, which is undergoing a chief executive transition, also reported a 19 percent increase in profit.
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Apple’s iPhone revenue jumps to $57 billion despite chip shortages
Apple’s iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device’s processor. During an interview with Reuters, Apple CEO Tim Cook said iPhone “demand was off the charts” but added that there’s “a little less flexibility in the supply chain at the moment for getting…
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Congress keeps kicking surveillance reform down the road
Congress has reauthorized Section 702 of the Foreign Intelligence Surveillance Act – but only for another 45 days. The extension is meant to give legislators more time to negotiate reforms to the controversial wiretapping bill. If the past few weeks are any indication of how future debates will go, however, we’re in for a bumpy…
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Apple hails ‘extraordinary’ iPhone demand as boss Tim Cook heads out
Cook is preparing to bow out after 15 years at the helm and hand over to John Ternus.
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Roblox’s daily users continue to drop as age-checks slow growth
Roblox’s daily active users continued to slip last quarter due in part to its rollout of age checks on its platform. According to its latest earnings report, Roblox currently has 132 million daily active users globally, down from 144 million at the end of last year, which was a drop from 152 million in Q3…
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Apple was surprised by AI-driven demand for Macs
Apple said it will be supply-constrained on Mac Mini, Studio, and Neo in the next quarter, too.