Apple’s results confirmed that, while the days of double-digit smartphone industry growth are over, CEO Tim Cook has a plan to withstand the slowdown. The shares gained in late trading on Tuesday after
Author: Agency Staff
Apple is now exactly the company that investors slowly started to accept in recent months. Whether that is good or bad news is entirely in the eye of the beholder. What’s clear is that Apple is having trouble
Apple reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most important product. The Cupertino, California-based
Jan Koum’s exit from Facebook could prove costly. A speedy departure may prevent him from collecting as much as $1bn in stock awards (R12.6bn at the time of writing). The CEO of messaging unit WhatsApp
WhatsApp founder and CEO Jan Koum is leaving Facebook, just a few years after his messaging app was acquired by the social media giant for $22bn. With Koum’s departure, Facebook loses one of its
Apple earnings this week will confirm what most investors have finally accepted: the iPhone X didn’t live up to the hype. The results should also provide clues on the company’s next strategy for its most
There seemed no love lost between Marcelo Claure and John Legere, a pair of chief executives who sniped at each other incessantly – on Twitter, at public events, even in ads. But behind the scenes, the two telecommunications
Amazon.com reminded investors on Thursday that scraping by selling things online was just the beginning. The world’s biggest Internet retailer reported larger profits in the first quarter and forecast more of the
Microsoft exceeded analysts’ projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud computing services as the software maker added new features. Profit in the period ended 31
Social development minister Susan Shabangu has suspended the tender process aimed at securing a new distributor for the country’s social security cash payments for millions of people, after G4S lodged a