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iPhone Returns To Positive Y/Y Revenue Growth

January 28, 2020 by Jonathan Custer

Apple announced financial results for fiscal Q1 2020 first quarter ended December 28, 2019. The Company posted quarterly revenue of $91.8 billion, an increase of 9 percent from the year-ago quarter and an all-time record.   After four consecutive quarters of negative y/y revenue growth, iPhone revenue turned up and led total revenues. Revenues from iPhones …

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AMD Posts 50% Y/Y Revenue Growth, 18% Sequential

January 28, 2020 by Jonathan Custer

AMD announced revenue for the fourth quarter of 2019 of $2.13 billion, operating income of $348 million, net income of $170 million and diluted earnings per share of $0.15 after the close.   The stock is trading 4 percent lower in the after-hours on a lighter than expected revenue guide. 2019 marked a significant milestone in …

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China’s Auto Sector Hit By Coronavirus

January 24, 2020 by Jonathan Custer

A 30-meter long auto-production line of a company in Wuhan of Central China’s Hubei province has adopted the #5G technologies, the first time in China, which provided smoother data transition to the machines in the process to improve the efficiency. #tech pic.twitter.com/A5xM1rSBIZ — China Daily (@ChinaDaily) April 16, 2019 The first cases of the pneumonia-like …

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