What to Expect When Facebook and Apple Post Earnings
27 January 2018 |
9:00 am
Bloomberg's Tom Giles and Selina Wang preview tech earnings on "Bloomberg Markets."
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Apple said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China.
3 Oct 2022
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9 Nov 2022
Meta Platforms Inc META.O said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest layoffs this year as the Facebook parent battles soaring costs and a weak advertising market.
20 Dec 2022
The EU's competition watchdog has accused tech giant Meta, which owns Facebook and Instagram, of breaching antitrust rules. An early analysis says the firm distorted competition in the online classified ads business.
26 Jan
The former US president had been blocked from the social media platforms since the January 6, 2021 insurrection. Meta said it was taking measures to prevent "repeat offenders" from violating its rules.
6 Feb
On Thursday, Apple reported that revenue fell 5 percent to $117.15 billion during the three months that ended in December, the company's first quarterly sales decline since before the pandemic. Profits decreased 13 percent to $30 billion.
6 Feb
Facebook has been under scrutiny before, for failing to curb hate speech on its platform in Ethiopia. The son of a man killed after calls for his murder appeared on the platform argues that Facebook treats Africa differently to Europe and the US.
25 Feb
"Meta Verified" follows Twitter and other social media companies attempting to instill confidence in their services by asking users to pay to prove their identities.
12 Mar
The iPhone maker's top supplier Foxconn plans to boost production in India, with a new facility in Bengaluru. But the move westward could be beset by red tape and quality control issues.
19 Apr
Martin Yang of Oppenheimer says Apple is probably not willing to "lower its price relative to other markets … just for the sake of gaining market share in the near term," as there is a good number customers who will be willing to pay a premium price for its products.
10 Jun
In a big gamble for the world’s most valuable company, Apple is widely expected to launch its first major new product in almost a decade at its annual developers' conference next week: a virtual reality headset.
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The "Reality Pro," or so it is rumored to be named, could pit Apple against Meta in competition over technology where real and digital worlds meet.
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