Apple vs Microsoft – record breaking profits for big tech earners

Published

5 years ago

July 28, 2021

Apple’s profits have risen to $21.7 billion as its iPhone sales and digital services continue to rise

Apple says its profit in the last quarter nearly doubled amid improved consumer spending and a “growing sense of optimism” as lockdown restrictions are eased.

The company’s Chief Executive, Tim Cook says there is “renewed hope for a better future” for customers in the US and globally.

He explains the roll-out of 5G has already made a “significant impact on how people get the most out of our technology”.

Apple shares were little changed in after-market trading following the results, but were already stronger than most forecasts.

It follows Apple and other tech giants facing heightened pressure from anti-trust enforcers around the world.

Microsoft surpasses analysts expectations

We knew this was going to be a huge earnings week, with Microsoft also revealing its earnings after the closing bell on Tuesday.

The tech giant’s growing cloud empire saw its Azure platform revenue skyrocket by 51 per cent.

Microsoft surpassed expectations, with revenue rising 21 per cent.

Microsoft’s new franchises, including gaming, security, and LinkedIn, all surpassed $10 billion dollars in annual revenue over the past three years.

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Published

3 days ago

February 27, 2026

Harvey Vargas

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation

Tech

Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Published

3 days ago

February 27, 2026

Harvey Vargas

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Tech

Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Published

3 days ago

February 27, 2026

Harvey Vargas

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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