Samsung, SK Hynix, and Micron earnings show increased DRAM prices, not shipments, indicating a focus on revenue over helping clients get the products they need
Tim Culpan /Culpium:
Intel reports Q2 revenue down 22% YoY to $15.32B, vs. $17.92B est., a $454M net loss, and Datacenter and AI revenue down 16% YoY to $4.6B; stock drops 10%+
that Intel cut fab spending to pay dividends while lobbying for tax credits with the CHIPS+ Act — is worth a read. https://twitter.com/... Davos Bro Balding / @baldingsworld : Just to recap, Intel lis...
Twitter reiterates its false or spam account average estimate, saying it performed an internal review and found they represented “fewer than 5%” of MAUs in Q2
and another one in Mykonos Paul Thurrott / Thurrott : Twitter Results Suffer from Musk Uncertainty Ben Munster / Decrypt : Twitter Cancels Q2 Earnings Call, Citing Elon Musk's ‘Pending Acquisition’ Tw...
Foxconn reports Q2 profit of $1.07B, up 30% YoY, on revenue of $48.5B, up 20% YoY, due to strong demand from Apple and other clients
Apple's biggest partner issues warning Christopher Baugh / iPhone in Canada Blog : Apple Supplier Foxconn Reports Strong Quarterly Profit Ahead of iPhone 13 Ben Lovejoy / 9to5Mac : Foxconn hints at iP...
SoftBank forecasts a $7B net loss for the year ending in March, due to coronavirus and losses related to WeWork, and expects an operating loss of $12.5B
then its share price pumped TechCrunch : SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments Sam Nussey / Reuters : SoftBank shares fall 3.5% after flagging first fi...
WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork IPO filing hypes tran...
Strategy Analytics: iPhone sales in India dropped 35% in Q2 YoY, left Apple with 2.4% of market that grew 19%
Tim Culpan / Bloomberg :
Strategy Analytics: iPhone sales in India dropped 35% in Q2 YoY, left Apple with 2.4% of market that grew 19%
Tim Culpan is a technology columnist for Bloomberg Gadfly. He previously covered technology for Bloomberg News. — +0.08 — ON CLOSING, AUG 4 — 105.87USD