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Category Archives: Tech
Apple’s Quarterly Earnings Tops Wall Street Expectations With $24.78 Billion Profit
Tim Cook, the company’s C.E.O., said he expected $900 million in extra costs this quarter because of President Trump’s tariffs.
Amazon’s Mixed Earnings Report Sends Share Prices Down
The company reported overall mixed results, sending share prices down in after-hours trading.
Despite paying $900M in tariffs, Apple’s Tim Cook isn’t announcing price increases — yet
“We’re very engaged on the tariff discussions, Apple CEO Tim Cook said. “On the pricing piece, we have nothing to announce today.”
Posted in Tech
Tagged TechCrunch
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Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple … Continue reading
Posted in Tech
Tagged TechCrunch
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Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy said he’s “optimistic” the company could emerge from the current tariff environment stronger than before.
Apple CEO Tim Cook says tariffs to add only $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook commented on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast what that … Continue reading
Posted in Tech
Tagged TechCrunch
Comments Off on Apple CEO Tim Cook says tariffs to add only $900M in costs in Q3, but future uncertain
Block shares plunge 15% as company takes ‘cautious stance,’ issues weak guidance for year
Block reported weaker-than-expected revenue for the first quarter.
Amazon falls short on cloud revenue for third straight quarter
Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.
Airbnb issues disappointing revenue guidance for second quarter
Airbnb’s results for the first quarter were mostly in line with estimates, but the company’s forecast for the current period was weaker than expected.
Reddit shares rocket as high as 19% on strong sales and guidance
Shares of Reddit rose as high as 19% in after-hours trading after the social media company reported strong revenue and guidance on Thursday.