Tech

Record revenue – tech giant unbothered by global chip shortage

Published

2 years ago

January 28, 2022

Apple has reported its largest single quarter in terms of revenue ever, reaching $124 billion dollars

#BREAKING Apple has reported its largest single quarter in terms of revenue ever with $124B #Apple pic.twitter.com/Btrgj7EvPY
— ticker NEWS (@tickerNEWSco) January 27, 2022

The tech giant’s sales have grown over 11 per cent despite supply chain challenges and the global chip shortage

CEO Tim Cook says that the company’s supply issues are improving, aiding profits.

“This quarter’s record results were made possible by our most innovative lineup of products and services ever,”
said Tim Cook, Apple’s CEO

“We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice.”

Apple beat analyst estimates for sales in every product category except for iPads, with Macs recording the strongest growth of any of Apple’s hardware line

“The very strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices,” said Luca Maestri, Apple’s CFO.

“These record operating results allowed us to return nearly $27 billion to our shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.”

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Leaders

Is cloud technology the solution for every organisation’s needs?

Published

2 days ago

May 16, 2024

Nathan Langridge

Amidst the dominance of cloud technologies in the tech landscape, questions are rising over applicability and its cost implications.

As businesses increasingly migrate to cloud technologies, skepticism is brewing over whether it’s the optimal solution for every organisational need.

Additionally, the notion of “free” cloud services is being challenged, highlighting the importance of understanding the true costs and benefits associated with cloud adoption.

Harsha Patil, Engineering manager, California USA shares his key insights on the cloud conundrum. #featured

News

Does American media have TikTok bias?

Published

3 days ago

May 16, 2024

ticker NEWS

While the fate of TikTok remains uncertain in the U.S.—there is no shortage of possibilities.

Several investors are hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban.

This comes after ByteDance and TikTok filed a lawsuit against the U.S. government to block the law from going into effect.

Meanwhile, eight TikTok creators filed their own challenge, arguing the law violates their First Amendment rights to free speech.

But as the saga continues many media outlets are defending the platform.

David Zhang from China Insider joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #TikTok #TikTokban #socialmedia #China