Samsung today announced its 2019 first-quarter earnings and the numbers don't look good: operating profits fell to $5.4 billion, a 60 percent decline marking the weakest results since late 2016 and a far cry from the $13.4 billion in operating profits it captured in the year-ago quarter.
Finance
The best free currency converter apps for iPhone and iPad
Whether you’re taking a trip abroad or need to know the exchange rate for business, a currency converter for your iOS device can come in super handy.
To help you out on your search, we’ve scoured the App Store for the best currency converter apps for iPhone and iPad that don’t cost a dime, peso, or euro.
Spotify: 30% earnings growth, 96 million paid subscribers, two podcast-related acquisitions
Spotify today announced that its 2018 holiday quarter earnings grew by thirty percent while giving investors a few newsworthy updates about the scope and breadth of its business.
Apple gave Tim Cook a $12 million bonus as his total 2018 compensation hits $136 million
Despite its revenue miss and revised guidance, Apple has topped financial targets for fiscal 2018 so the company's board has decided to give CEO Tim cook a 22% increase in pay.
T-Mobile enters mobile banking with a new Money service
Wireless carrier T-Mobile on Wednesday quietly unveiled a mobile banking service of its own, T-Mobile Money, available as a free mobile app for iPhone and Android.
Apple to report September quarter earnings on November 1
Apple will report earnings and other financial metrics pertaining to its fourth fiscal quarter (which corresponds to the third calendar quarter) on Thursday, November 1.
Tim Cook’s set for a $120 million payday this week
Tim Cook's about to collect a huge financial reward. On Friday, Aug. 24, the Apple CEO will receive additional shares in Apple worth around $120 million. The award is tied to Cook's continued service at the world's largest publicly traded company and Apple's relative performance on the stock market during his tenure as CEO, according to Bloomberg.
Snapchat’s redesign caused daily active user base to fall for the first time since its inception
As part of its quarterly earnings announcement yesterday, Snap, Inc. has revealed that its number of daily active users fell by two percent to about 188 million.
Warren Buffett’s Berkshire Hathaway now second largest Apple shareholder
Warren Buffett's Berkshire Hathaway recently revealed its increased stake in Apple. With 239.3 million shares, the company is now the second largest Apple shareholder behind Vanguard Group, according to Reuters.
Bill Gates: Apple is “an amazing company”
Microsoft's co-founder, former CEO, philanthropist and longtime Apple rival Bill Gates has called Apple “an amazing company” with the best profit potential in the technology sector.
Tim Cook talks succession, dividend distribution, and more at shareholder meeting
Tim Cook spoke at length regarding succession planning, divisent distribution, Apple Pay success, and more at Apple's annual shareholder's meeting today.
App Store to eclipse worldwide box office revenues sometime this year
App Store revenues may become bigger than the entire worldwide movie-making business sometime this year, with both industries likely to hit the $40 billion mark in the near future.