Tag: apple
After earnings, Amazon joins the $1T club as Alphabet dips out
American tech companies almost did something neat today before messing it up. After reporting earnings yesterday, Amazon’s shares shot higher this morning, pushing the company’s value north of $1 trillion. Its growth and profits proved toothsome to the investing classes, bolstering the Seattle area’s tech pedigree by adding a second…
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CalTech scores massive $1.1B verdict against Apple and Broadcom in patent case
After a years-long legal battle, a judge ordered Apple and Broadcom to pay a combined $1.1 billion in a patent infringement case with the California Institute of Technology, Bloomberg reports. The report states that Apple was ordered to pay $837.8 million and Broadcom is looking at a $270.2 million verdict.…
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Apple’s redesigned Maps app is available across the US, adds real-time transit for Miami
Apple’s updated and more detailed Maps experience has now rolled out across the U.S., the company announced this morning. The redesigned app will include more accurate information overall as well as comprehensive views of roads, buildings, parks, airports, malls and other public places. It will also bring Look Around to…
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EU lawmakers take fresh aim at Apple’s Lightning connector with latest e-waste push
The European parliament has voted overwhelmingly for tougher action to reduce e-waste, calling for the Commission to come up with beefed up rules by July 2020. Specifically, the parliament wants the Commission to adopt the delegated act foreseen in the 2014 Radio Equipment Directive by that deadline — or else table…
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Microsoft shares rise after it beats revenue, profit expectations, Azure posts 62% growth
Today Microsoft reported its fiscal 2020 second quarter (calendar Q4 2019) results, including revenue of $36.9 billion (up 14%), net income of $11.6 billion (up 38%), and diluted earnings per share of $1.51. Investors had expected the company to report profit of $1.32 per share, off revenue of $35.67 billion.…
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Daily Crunch: Apple reports better-than-expected revenue
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple shares rise after company reports better-than-expected revenue of $91.8B Apple has worked in recent years…
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