Category: financials

Qualcomm results suggests the 5G iPhone will be slightly delayed

Qualcomm reported its Q3 2020 earnings on Wednesday (PDF), and of course the company informed investors about how the transition to 5G may boost its business. Also, it’s signed a global patent licensing deal with Huawei that apparently isn’t affected… Source

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PlayStation 4 sales pass 110 million

Sony’s massively-popular PlayStation 4 has smashed another sales milestone. In its latest financial earnings, the company revealed that 1.5 million consoles — a figure that covers all configurations, including the PlayStation 4 Pro — in the three-mon… Source

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Twitter sees record user growth, thanks to COVID-19

Twitter is reporting a record increase in its daily user figures as a consequence of the COVID-19 pandemic of 24 percent, up to 166 million. That’s a big jump on the 134 million it was counting at the start of 2019 and the 152 million monetizable dai… Source

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Spotify users are flocking to ‘chill’ playlists during COVID-19

“Every day now looks like the weekend,” says Spotify's newest financial report, and one of the earliest looks at how COVID-19 impacts streaming businesses. The music and podcast company, as expected, saw user growth increase, with 286 million total u… Source

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