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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; SQ drops 5%+ (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; SQ drops 5%+  —  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

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

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

Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M (Bloomberg) 03-08-2023

Bloomberg: Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M  —  – Trading revenue was less than that from other sources  — Interest income down after USDC stablecoin circulation fell Lees verder op Tech Meme

Cloudflare reports Q2 revenue up 32% YoY to $308.5M, vs. $305.6M est., forecasts Q3 revenue above estimates, and raises its FY 2023 forecasts; NET jumps 5%+ (Reuters) 04-08-2023

Reuters: Cloudflare reports Q2 revenue up 32% YoY to $308.5M, vs. $305.6M est., forecasts Q3 revenue above estimates, and raises its FY 2023 forecasts; NET jumps 5%+  —  Software firm Cloudflare (NET.N) raised its annual revenue and profit forecasts after delivering better-than-expected results … 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

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

Apple Q3 revenue: iPhone down 2.4% YoY to $39.7B, Mac down 7.3% YoY to $6.8B, iPad down 19.8% to $5.8B, and Wearables, Home, and Accessories up 2.5% to $8.3B (Aaron Tilley/Wall Street Journal) 03-08-2023

Aaron Tilley / Wall Street Journal: Apple Q3 revenue: iPhone down 2.4% YoY to $39.7B, Mac down 7.3% YoY to $6.8B, iPad down 19.8% to $5.8B, and Wearables, Home, and Accessories up 2.5% to $8.3B  —  Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets Lees verder op Tech Meme