Apple achieves a quarterly record amid iPhone launch uncertainty

  • July 30, 2020
It seems like Apple’s steady cadence of product releases in the midst of a pandemic has seriously paid off. The company released its Q3 2020 earnings this afternoon, in which it reported $59.7 billion in quarterly revenue and $11.25 billion in net in…

Alphabet saw its revenue dip due to the pandemic

  • July 30, 2020
It hasn’t been a good quarter for most people and Google parent company Alphabet is no exception. After sitting through a grueling five-hour grilling yesterday, CEO Sundar Pichai said today in the company’s earnings release, “We’re working to help pe…

Tesla’s next Gigafactory is being built in Austin, Texas

  • July 22, 2020
Both Tesla and its CEO, Elon Musk, had plenty to crow about during Wednesday’s Q2 2020 earnings call.The company has reported its fourth straight quarter of profitability with a GAAP net income of $104 million, which qualifies it to be listed on the…

Netflix plans to have even more originals in 2021

  • July 16, 2020
Even as competition increased with the launches of HBO Max and Peacock, Netflix managed to outpace its projections for the second quarter of 2020 and now counts over 192 million paid subscribers worldwide. The quarterly letter to investors also menti…