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Apple Cash Drops 2.2%, Hopeful For Holiday Quarter

Elliot Nash October 31, 2019 No Comments

Beating analysts expectations, Apple has posted fourth-quarter revenues of $64 billion despite cash reserves declining by 2.2% and the Cupertino company forecasting an “optimistic” holiday quarter. Apple has revealed its…

David Jones $487 Million Loss

Elliot Nash October 30, 2019 No Comments

David Jones has posted a full-year loss of nearly $500 million in 2019 due in part to impairments, and tax losses of almost $1.3 billion over the last two years.…

Big W Sales Up 2.6%, CE Down

Elliot Nash October 30, 2019 No Comments

Big W has continued its sales momentum, following the release of first-quarter results from the Woolworths group, posting a sales increase of 2.6% thanks in part to apparel growth. Woolworths…

EXCLUSIVE: Another Sound Retailer Shuts Up Shop

David Richards October 30, 2019 No Comments

Another specialist sound dealer who sold premium Bang & Olufsen, Sonos, Devialet and Bose sound systems is set to shut up shop. Perth based retailer AudioHub which was established in…

Google Profits Fall As Acquisitions Push Up Headcount Stock Down 23%

David Richards October 29, 2019 No Comments

Operational cost increases is hurting Google parent Alphabet with profits falling despite a 20% rise in advertising revenue. According to figures released after the bell in New York profits fell…

How Netflix Screws You & It’s 100% Legal

David Richards October 28, 2019 No Comments

Netflix Australia has been exposed, the big US content giant who bowled into Australia back in 2015 has paid just $341,793 in tax despite gouging between $600 Million and $1…

Amazon Miss, Twitter Glitched, Intel Rebound

Elliot Nash October 25, 2019 No Comments

A swath of earning reports have revealed some of the biggest tech companies have massively missed their targets due to investments and advertising issues, while another has managed to bounce…

LG Display Reports Rare Q3 Loss

Computer Daily News October 25, 2019 No Comments

An oversupply of LCD panels from China has pushed the world’s largest supplier, LG Display, into a rare Q3 loss. The South Korean company announced a 437 billion won (A$545…

eBay Short Fall, PayPal Exceed Expectation

Elliot Nash October 24, 2019 No Comments

eBay has reportedly fallen short of estimations following the release of its revenue forecast for its fourth-quarter sales, while former subsidiary PayPal has exceeded analysts expectations in its Q4 earnings.…

Microsoft Tops Projections Despite Slowing Sales

Jan Arreza October 24, 2019 No Comments

Microsoft has topped Q1 analyst projections, posting double-digit gains in sales and profits thanks to solid earnings in Azure cloud programs and Office online profits, although overall Surface and gaming…