Tag: gross margin

Apple reported record Q1 results, with revenue up 16 percent to $143.8 billion and EPS hitting $2.84, driven by record iPhone sales and a strong rebound in China. However, shares fell after management warned that global memory chip shortages will…

Spotify delivered strong user and revenue growth in Q1 2025, with Premium subscribers rising 12% and MAUs hitting 678 million—both ahead of expectations. Operating income more than doubled to €509 million, but surprise employee-related charges tied to its rising stock…