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Techmeme
February 2, 2018, 10:20 AM
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Top News

Apple:
Apple Q1: 77.3M iPhones, down 1% YoY, with $796 ASP; 13.2M iPads, up 1% YoY; 5.1M Macs, down 5% YoY; $8.5B services revenue, up 18% YoY  —  Revenue and EPS Hit New All-Time Records  —  Active Installed Base of Devices Reaches 1.3 Billion in January  —  Apple today announced financial results …
Tim Bradshaw / Financial Times:
CFO Luca Maestri says Apple plans to reduce its net cash balance to “approximately zero” following the new US tax law, possibly via M&A, dividends, and buybacks  —  Apple plans to reduce its net cash balance to “approximately zero” following a new US law that will allow …
Zac Hall / 9to5Mac:
Apple reports Q1 revenue of $88.3B, up 13% YoY; $20.1B net income, up from $17.89B YoY; China revenue of $17.96B, up 11% YoY; Q2 revenue guidance of $60B-$62B  —  After forecasting a record quarter with revenue between $84 billion and $87 billion, Apple has just reported its quarterly results for the last three months of 2017.
Juli Clover / MacRumors:
Apple Q1 wearables revenue up ~70% YoY; Watch sales grew 50% in units, revenue for fourth consecutive quarter; Series 3 selling 2x units over Series 2 last year
Jeremy Horwitz / VentureBeat:
Google releases YouTube TV app for Apple TV and select Roku devices for $35/month, bundling over 50 channels with option to separately purchase more  —  As announced with a tease on Twitter, Google has just released an Apple TV client for YouTube TV, providing owners of the fourth-generation Apple TV …
Alphabet Investor Relations:
Alphabet Q4 revenue $32.3B, up 24% YoY, net loss of $3B due to $9.9B tax charge; Google ad revenue $27.2B; Other Bets revenue $409M, operating loss $916M  —  MOUNTAIN VIEW, Calif. - February 1, 2018 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2017.
Business Wire:
Amazon beats with Q4 revenue of $60.5B, up 38% YoY; $1.9B net income, up from $749M YoY; ~$789M benefit from new tax law  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2017.
Kurt Wagner / Recode:
Sources: HQ Trivia is raising a $15M round led by Peter Thiel's Founders Fund at a $100M+ valuation  —  Founders Fund partner Cyan Banister is leading the round.  —  HQ Trivia, the popular trivia gameshow app, plans to raise money in a new round of financing that values the company north of $100 million …
Abner Li / 9to5Google:
Google rolling out Chrome OS 64 with browser enhancements, a new screenshot shortcut, and ability to enable VPN for Play apps  —  Following updates to Android, Mac, Windows, and Linux last week, version 64 is now rolling out to Chrome OS.  In addition to several browser enhacements …
Andrew J. Hawkins / The Verge:
California DMV self-driving report: Waymo and GM lead with 63 disengagements over 352K+ miles and 105 disengagements over 131K+ miles, respectively  —  So how'd everyone do?  —  California's Department of Motor Vehicles released its annual autonomous vehicle disengagement report today.
Bloomberg:
Sources: Intel plans to sell a majority stake in its AR business, seeking as much as $350M, which has been working on smart glasses for smartphones  —  Smart specs will allow users to see contextual information  —  Division valued at as much as $350 million; Intel keeps stake
Shrutika Verma / Livemint:
India's restaurant search and food delivery service Zomato raises $200M from Ant Financial at a pre-money valuation of $880M  —  The funding includes a $50 million secondary share sale by Zomato shareholder Info Edge to Ant Financials, which will dilute its stake in Zomato to about 30.91% post the fresh capital infusion

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 AM ET, February 2, 2018.

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From Mediagazer

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Bloomberg:
A look at Disney's AI push; sources: it is testing AI-powered suggestions and could add chats with characters on Disney+, and execs saw AI demos at Amazon MGM

Kali Bomeli / Columbia Journalism Review:
A look at pre-election expansion of partisan websites disguised as local news in Ohio, promoted with Meta ads by groups with ties to Democrats and Republicans

More News

Deirdre Bosa / CNBC:
CEO Brian Chesky says Airbnb will not go public in 2018; CFO Laurence Tosi is stepping down to focus on his investment fund; Belinda Johnson becomes first COO

Earlier Picks

Ashley Carman / The Verge:
Instagram Stories begins rolling out its “type mode” feature to users, letting them post text-based pages
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