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April 27, 2016 Posted By:
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Box has come a long way since Aaron Levie founded it as a student at USC in 2005.
The cloud storage company ultimately went public last year, in what turned out to be a difficult period for tech stocks. Recent IPOs like Box have been facing added scrutiny, and its shares are currently trading below the IPO price.
TechCrunch sat down with Box CEO Aaron Levie to...
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April 27, 2016 Posted By:
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It was bound to happen, but now it’s official. Apple shares opened at $96, down 8 percent compared to yesterday’s closing price of $104.35. But because this downswing is about Apple, 8 percent represents a lot of money. In just one night, Apple investors shaved around $43 billion off the company’s market capitalization. Read More...
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April 27, 2016 Posted By:
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April 26, 2016 Posted By:
admin
Apple took a more than $40 billion hit today after reporting its second-quarter earnings — and it was bleak. Shares of Apple were down more than 8 percent in extended trading at one point today. Things went about as poorly as you could expect: the company couldn’t hit revenue or earnings targets, iPhone sales fell off a cliff from the...
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April 26, 2016 Posted By:
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For the first time in its history, the iPhone is experiencing a drop in sales. In 2015 at this same time, Apple sold 61 million units of the iPhone. This year, for the period ending March, Apple only sold 51.2 million units, representing a 16 percent YOY drop. This shouldn’t come as a surprise for most folks who know that we...
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April 26, 2016 Posted By:
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During an earnings call marked by a lot of less than stellar news, Apple CEO Tim Cook did manage to locate some bright spots in the company’s ever-expanding portfolio. Among them was a steady increase in paying Apple Music subscribers. That number has surpassed 13 million, up from the 11 million announced by execs Eddy Cue and Craig Federighi back...
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April 26, 2016 Posted By:
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Dateline City:
LONDON & ENGLEWOOD, Colo.
...
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April 26, 2016 Posted By:
admin
Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations by on its revenue and guidance quite a bit.
We’re parsing through all the details right now — here’s everything...
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April 26, 2016 Posted By:
admin
Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations by on its revenue and guidance quite a bit.
We’re parsing through all the details right now — here’s everything...
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April 26, 2016 Posted By:
admin
Apple will report its second-quarter earnings, and all eyes are going to be on the company’s iPhone sales. That’s because the big question for Apple is going to be whether or not iPhone sales have hit a wall and that the company will see a year-over-year decline in revenue, marking a significant moment for the company which has traditionally been...
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