A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valued at ~$5B
Daisuke Wakabayashi / New York Times :
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+
its fastest year of growth since 2012. Net income for the year: $94.7bn. @parikpatelcfa : Microsoft has just overtaken Apple to become the largest company in the world by market cap. This makes sense ...
Profile of Neeva, founded by former head of Google's advertising arm, which has raised $37.5M for a search engine to be funded via subscriptions instead of ads
Daisuke Wakabayashi / New York Times :
Apple Q3 revenue up 33% YoY to $49.6B, iPhone revenue up 59%, iPad units sold drops 18%, Mac units sold up 9%, stock down 7% after hours
Daisuke Wakabayashi / Wall Street Journal :
Apple Watch revenues could be dominated by relatively low-volume, high-priced Edition model
Thinking About the Split in Apple Watch Sales by Model — Lorraine Luk and Daisuke Wakabayashi, reporting today for the WSJ, “Apple Orders More Than 5 Million Watches for Initial Run”:
How Twitter developed its revenue model, even as user growth disappointed
While Twitter struggles to get new users, its revenue side is killing it. — In 2009 Twitter was a 50-person company punching way above its weight in cultural impact, its micro-blogging platform blas...