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Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B (Apple) 01-02-2024

Apple: Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B  —  Services revenue reaches new all-time record EPS up 16 percent to new all-time high  —  Apple® today announced financial results for its fiscal 2024 first quarter ended December 30, 2023. Lees verder op Tech Meme

Meta's Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020 (Jonathan Vanian/CNBC) 01-02-2024

Jonathan Vanian / CNBC: Meta’s Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020  —  – Meta’s Reality Labs unit brought in over $1 billion in fourth-quarter sales but recorded an operating loss of $4.65 billion. Lees verder op Tech Meme

Apple Q1: revenue of Services, which includes Apple TV+ and Apple Music, rose 11% YoY to a record $23.1B, and installed base crossed 2.2B active devices (Todd Spangler/Variety) 01-02-2024

Todd Spangler / Variety: Apple Q1: revenue of Services, which includes Apple TV+ and Apple Music, rose 11% YoY to a record $23.1B, and installed base crossed 2.2B active devices  —  Apple turned in another record quarter in its services business, as strong iPhone 15 sales boosted total revenue in the last three months of 2023. Lees verder op Tech Meme

Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta's breach from October 2023 (Sergiu Gatlan/BleepingComputer) 02-02-2024

Sergiu Gatlan / BleepingComputer: Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta’s breach from October 2023  —  Cloudflare disclosed today that its internal Atlassian server was breached by a ‘nation state’ attacker who accessed its Confluence wiki … Lees verder op Tech Meme

Tim Cook says Apple doesn't intend to license Masimo's blood oxygen detection to end the Apple Watch import ban (Wesley Hilliard/AppleInsider) 02-02-2024

Wesley Hilliard / AppleInsider: Tim Cook says Apple doesn’t intend to license Masimo’s blood oxygen detection to end the Apple Watch import ban  —  Apple CEO Tim Cook says there isn’t any intention to license Masimo’s blood oxygen detection to end the Apple Watch import ban.  —  Masimo has been embroiled in a patent lawsuit … Lees verder op Tech Meme