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July 30, 2020, 8:25 PM
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| Apple: |
Apple reports Q3 revenue of $59.7B, up 11% YoY, of which $46.5B came from products, $13.1B from services, and net income of $11.2B; stock up 5%+ after hours — Revenue up 11 percent and EPS up 18 percent to new June quarter records — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020.
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TechCrunch, Philip Elmer‑DeWitt, 9to5Mac, SiliconANGLE, The Hill, Macworld, Axios, iMore, CNET, MacRumors, Bloomberg, AppleInsider, The Verge, Six Colors, Bloomberg, iPhone in Canada Blog, iPhone Hacks, Trusted Reviews, Neowin, MACお宝 …, Digital Trends, iDownloadBlog.com, CNBC, Engadget, MacDailyNews, and MSPoweruser
| Ina Fried / Axios: |
Apple confirms new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments — Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past … | Stephen Nellis / Reuters: |
Apple Q3: iPhone sales of $26.42B, up 1.66% YoY and beating expectations of $22.37B, Greater China sales of $9.33B, up from $9.16B YoY — (Reuters) - Apple Inc (AAPL.O) on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography …
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CNBC, TechCrunch, AppleInsider, Nikkei Asian Review, Android Authority, CNET, MacRumors, Appleosophy, AppleInsider, and iDownloadBlog.com
Tweets: @somospostpc, @onlyyoontv, @neilcybart, @caro_milanesi, and @arjunkharpal
| Todd Haselton / CNBC: |
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AppleInsider, 9to5Mac, AppleInsider, CNBC, and Yahoo Finance
Tweets: @mgsiegler, @jsears90210, @marketrebels, @asymco, and @eddyelfenbein
| Alphabet: |
Alphabet reports Q2 revenue of $38.3B, down 2% YoY, net income of $6.96B, down from $9.9B YoY, Other Bets operating loss grew to $1.1B — MOUNTAIN VIEW, Calif. - July 30, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2020.
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The Hill, 9to5Google, Bloomberg, Input, AlphaStreet, Investor's Business Daily, SDxCentral, Android Central, Neowin, CNET, and MSPoweruser
Tweets: @j_k9, @loudmouthjulia, @loudmouthjulia, @techledes, @mhbergen, @ericjackson, and @alfredoyigal
| Amazon.com: |
Amazon reports Q2 revenue of $88.91B, up 40% YoY, net income of $5.2B, up from $2.5B in Q1 2019, and AWS revenue of $10.81B, up 29%; stock up 5%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.
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GeekWire, Vox, CNBC, GeekWire, The Hill, CNET, Financial Times, ZDNet, Barron's Online, Forbes, NPR, New York Post, Yahoo Finance, MarketWatch, WWD, MobileSyrup, AlphaStreet, TheStreet, Variety, Wccftech, Engadget, and Deadline
| Jennifer Elias / CNBC: |
| Chance Miller / 9to5Mac: |
Internal emails from 2010 show how an Amazon ad prompted Steve Jobs and Phil Schiller to block in-app purchases of Kindle books on iOS — As part of the House Judiciary Committee's antitrust probe into Apple, lawmakers have released a variety of internal emails from Apple.
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The Verge, AppleInsider, 9to5Mac, iDownloadBlog.com, The Streamable, and Trusted Reviews
Tweets: @caro_milanesi, @hallstephenj, and @gartenberg
| Juli Clover / MacRumors: |
Emails between Eddy Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions — Apple once considered taking a 40 percent cut from some subscription apps, according to documents shared today by the House Judiciary Committee (via Bloomberg).| Steve Kovach / CNBC: |
A trove of 1M+ documents from the House antitrust panel builds a far better antitrust case against the tech giants than anything the CEOs said under questioning — - Wednesday's Big Tech hearing provided almost no new information or insight into potential antitrust activity by Apple, Amazon, Facebook and Google.
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MacRumors, BBC, Gizmodo, Ars Technica, Bloomberg, and Android Headlines
Tweets: @alecstapp, @caseynewton, @housejudiciary, @karissabe, @dhh, @markgurman, and @mattrosoff
| Geoffrey Fowler / Washington Post: |
An overview of attempts by tech CEOs to obfuscate and minimize during the hearing, claiming their companies are not that big and data remains under user control — No, Google, we're not really in control of our data. And yes, Facebook, you profit from harmful information.
Tweets: @jacknicas, @ryanmruark, @kantrowitz, @mikeisaac, and @geoffreyfowler
| Robin Givhan / Washington Post: |
Democrats at the hearing focused on big questions about the power of Big Tech, while the Republicans focused on Google and how it is “unfair” to conservatives — The congressional hearing starring the country's tech titans began as so many video conferences have in the midst of a pandemic …
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Wall Street Journal, The Markup, TheStreet, and Slate
Tweets: @realdonaldtrump, @levie, @robingivhan, @robingivhan, and @ron_fournier
| Casey Newton / The Interface: |
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New York Times, The Verge, VICE, Ars Technica, ZDNet, The Guardian, Telegraph, CNBC, Washington Post, Axios, Wired, 9to5Mac, AdExchanger, Crunchbase News, Fortune, Vox, Engadget, Thurrott, Observer, and Adweek
Tweets: @halsinger, @housejudiciary, and @politico
| Facebook: |
Facebook Q2: $18.68B revenue, up 11% YoY, as DAUs rise 12% YoY to 1.79B, MAUs rise 12% YoY to 2.7B; stock up 5%+ after hours — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2020. — “We're glad to be able to provide small businesses the tools …
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AdExchanger, The Hill, Bloomberg, Financial Times, The Information, Wall Street Journal, Yahoo Finance, Benzinga, The Week, Fast Company, Fortune, Billboard, Digital Trends, and CNBC
Tweets: @b_fung, @sarahfrier, @sarthakgh, @cnbcnow, and @mikeisaac
| Salvador Rodriguez / CNBC: |
Zuckerberg says there is “no end in sight” for US Facebook employees working from home due to the surge in US COVID-19 cases — - Facebook CEO Mark Zuckerberg on Thursday said there is no timetable for when employees will return to the company's offices amid a continuing surge in Covid-19 cases in the U.S.
Tweets: @kurtwagner8
| Casey Newton / The Verge: |
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CNET, CNN, CNBC, Reuters, Reuters, ZDNet, Axios, Bloomberg, New York Times, Silicon Valley Business …, Al Jazeera, Social Media Today, MarketWatch, Engadget, Business Insider, and Wccftech
Tweets: @reutersbiz, @kurtwagner8, @turnernovak, @marketrebels, @lorakolodny, @lexnfx, @dhh, @loudmouthjulia, @rmac18, @tonyromm, @kurtwagner8, @karissabe, @levynews, @sarahfrier, and @lexnfx
| Bloomberg: |
Tim Cook says Apple pushed back the time period that US employees would come back to the office until early 2021 — Apple Inc. Chief Executive Officer Tim Cook said the company has pushed back a plan to return to its U.S. offices. — “We've kicked the time period that U.S. employees … | Abner Li / 9to5Google: |
Google teases the launch of a phone on August 3, presumed to be its budget phone Pixel 4a — While thoroughly leaked, Google has stayed quiet about when to expect its next mid-range phone. That's changing today with a “lorem ipsum” tease for what is most likely the Pixel 4a.
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The Verge, CNBC, CNET, Android Headlines, TechRadar, Chrome Unboxed, Game Rant, Android Police, XDA Developers, and PCWorld
| Javier Espinoza / Financial Times: |
Telegram files EU antitrust complaint against Apple, saying Apple must “allow users to have the opportunity of downloading software outside the App Store” — Messaging company is latest company to criticise restrictions and fees — Telegram, the messaging app … | Washington Post: |
Rakuten: Amazon's share of US e-commerce fell to 38.5% in June from 42.1% in January; Target's share grew from 2.2% to 3.5% and Walmart's from 4.2% to 5% — Amid surging sales, some struggles to address worker safety concerns and get parcels to customers quickly opened the door to rivals.
Tweets: @laurastevens, @olivier_amar, @heatherkelly, @mobylives, @geoffreyfowler, and @shaig
| Dean Takahashi / VentureBeat: |
EA reports Q1 revenue of $1.46B vs expectations of $1.06B, up 20.7% YoY, live services increased 16% YoY to $1.1B; player engagement “exceptionally high” — Electronic Arts reported financial results that beat Wall Street's expectations with revenue growing 21% to $1.46 billion for the first fiscal quarter ended June 30.Sponsor Posts
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