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Apple’s services unit is now a 0 billion a year juggernaut after ‘phenomenal’ growth

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024.  Timothy A. Clary | Afp | Getty Images Apple’s second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple’s earnings report on Thursday, the company said

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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s

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Tropang Giga try to drive Kings out of groove again in search of 3-0 cushion

Tropang Giga try to drive Kings out of groove again in search of 3-0 cushion

While TNT has been making stops, nothing Barangay Ginebra has done on defense has slowed down Rondae Hollis-Jefferson. AUGUST DELA CRUZ. TNT’s defense has been on full display through the first two games of the PBA Governors’ Cup Finals that Barangay Ginebra coach Tim Cone couldn’t help but admit feeling outmaneuvered by his longtime friend

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Amazon’s cloud unit records highest profit margin in at least a decade

Amazon’s cloud unit records highest profit margin in at least a decade

Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled $27.45

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