Wed. 07/28 – Earnings Bonanza
Apple reports earnings but warns of component shortages. Microsoft set profit records but noted shortage materially affected some divisions. Alphabet had good earnings too, but the real story there is YouTube. About the staff walkout at Activision Blizzard. Is Apple asking leakers to snitch on their sources? And an interesting raise to do next generation search on iOS.
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Links:
- Apple’s iPhone hot streak is going to run into the global chip shortage (CNBC)
- Xbox hardware sales spike 172% as Microsoft reports $3.7B in quarterly gaming revenue (GeekWire)
- YouTube Q2 Ad Revenue Hits Record $7 Billion as Alphabet Trounces Estimates (Variety)
- Taiwan Greenlights TSMC's 2nm Fab: Coming Online in 2024 ~ 2025 (Tom's Hardware)
- Activision CEO Apologizes After Employees Threaten to Walk Out (Bloomberg)
- Apple Tells Leaker to Snitch on Sources or It Will Report Them to the Police (Motherboard)
- Brain Technologies raises $50M+ for the launch of Natural, a natural language search engine and 'super app' (TechCrunch)
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