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Tech Meme

Airbnb reports Q2 revenue up 18% YoY to $2.48B, vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and projects Q3 revenue above estimates (Priyamvada C/Reuters) 03-08-2023

Priyamvada C / Reuters: Airbnb reports Q2 revenue up 18% YoY to $2.48B, vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and projects Q3 revenue above estimates  —  Airbnb (ABNB.O) forecast revenue for the current quarter above market estimates on Thursday, as the vacation rental firm is set … Lees verder op Tech Meme

Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 6%+ (Amazon) 03-08-2023

Amazon: Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 6%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023. Lees verder op Tech Meme

Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M, and Bitcoin revenue of $2.39B (Nupur Anand/Reuters) 03-08-2023

Nupur Anand / Reuters: Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M, and Bitcoin revenue of $2.39B  —  Block Inc (SQ.N) reported a rise in second-quarter revenue on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop. Lees verder op Tech Meme

Coinbase reports Q2 revenue down 12% YoY to $707.9M vs. $631.2M est., $97M net loss vs. $1.1B in Q2 2022, and $327.1M transaction revenue vs. $655.2M in Q2 2022 (Bloomberg) 03-08-2023

Bloomberg: Coinbase reports Q2 revenue down 12% YoY to $707.9M vs. $631.2M est., $97M net loss vs. $1.1B in Q2 2022, and $327.1M transaction revenue vs. $655.2M in Q2 2022  —  – Trading revenue was less than that from other sources  — Interest income down after USDC stablecoin circulation fell Lees verder op Tech Meme

Apple Q3: revenue grew 7.9% YoY to $15.8B in China, with iPhone up by “double digits” and “quarterly records” for Services, but fell 5.6% in Americas to $35.4B (Stephen Nellis/Reuters) 03-08-2023

Stephen Nellis / Reuters: Apple Q3: revenue grew 7.9% YoY to $15.8B in China, with iPhone up by “double digits” and “quarterly records” for Services, but fell 5.6% in Americas to $35.4B  —  Apple (AAPL.O) on Thursday reported sales and profit that beat Wall Street expectations despite a decline … Lees verder op Tech Meme

Airbnb reports Q2 revenue up 18% YoY to $2.48B vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and forecasts Q3 revenue above estimates (Priyamvada C/Reuters) 03-08-2023

Priyamvada C / Reuters: Airbnb reports Q2 revenue up 18% YoY to $2.48B vs. $2.42B est., $650M net income, gross bookings up 13% YoY to $19.1B, and forecasts Q3 revenue above estimates  —  Airbnb (ABNB.O) forecast revenue for the current quarter above market estimates on Thursday, as the vacation rental firm is set … Lees verder op Tech Meme

Amazon Q2: ad revenue up 22% YoY to $10.68B, vs. $10.4B est., subscription revenue up 14% YoY to $9.89B, and North America segment sales up 11% YoY to $82.5B (Annie Palmer/CNBC) 03-08-2023

Annie Palmer / CNBC: Amazon Q2: ad revenue up 22% YoY to $10.68B, vs. $10.4B est., subscription revenue up 14% YoY to $9.89B, and North America segment sales up 11% YoY to $82.5B  —  – Amazon beat on the top and bottom lines for the second quarter.  —  Amazon said second-quarter revenue climbed 11% … Lees verder op Tech Meme

Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss YoY, AWS revenue up 12% YoY to $22.1B; AMZN jumps 6%+ (Amazon) 03-08-2023

Amazon: Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss YoY, AWS revenue up 12% YoY to $22.1B; AMZN jumps 6%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023.  – Net sales increased 11% … Lees verder op Tech Meme

Sensor Tower: Threads' DAUs fell to 8M on July 31, down 82% from launch; the daily average time spent fell from 19 minutes per day at launch to 2.9 on August 1 (Brian Fung/CNN) 03-08-2023

Brian Fung / CNN: Sensor Tower: Threads’ DAUs fell to 8M on July 31, down 82% from launch; the daily average time spent fell from 19 minutes per day at launch to 2.9 on August 1  —  Threads, Meta’s Twitter rival, is struggling to retain users roughly a month after its highly publicized launch … Lees verder op Tech Meme