Aria Alamalhodaei / TechCrunch:
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time — Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
Cloudflare reports Q1 revenue up 30% YoY to $378.6M, vs. $373.7M est., and forecasts Q2 revenue below estimates; NET drops 13%+ after hours (Bloomberg)
Bloomberg:
Cloudflare reports Q1 revenue up 30% YoY to $378.6M, vs. $373.7M est., and forecasts Q2 revenue below estimates; NET drops 13%+ after hours — The San Francisco-based security company estimated that revenue would total $393.5 million to $394.5 million in the second quarter …
Apple reports Q2 revenue down 8.1% YoY to $16.4B in Greater China, down 12.7% YoY to $6.3B in Japan, and down 17.2% YoY to $6.7B in the rest of Asia-Pacific (Nikkei Asia)
Nikkei Asia:
Apple reports Q2 revenue down 8.1% YoY to $16.4B in Greater China, down 12.7% YoY to $6.3B in Japan, and down 17.2% YoY to $6.7B in the rest of Asia-Pacific — Japan and Asia-Pacific leads revenue decline in the January-March quarter — PALO ALTO, California — Apple CEO Tim Cook described China as …
Apple Watch’s AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA’s MDDT program (Sudz Niel Kar/MyHealthyApple)
Sudz Niel Kar / MyHealthyApple:
Apple Watch’s AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA’s MDDT program — The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 (Paige Smith/Bloomberg)
Paige Smith / Bloomberg:
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 — – Jack Dorsey’s digital payments firm lifts 2024 profit outlook — Bitcoin is best candidate for open money protocol: Dorsey
Apple Q2: revenue from Services, which includes Apple TV+ and Apple Music, rose 14% YoY to $23.9B, vs. $23.27B estimated, an all-time record (Todd Spangler/Variety)
Todd Spangler / Variety:
Apple Q2: revenue from Services, which includes Apple TV+ and Apple Music, rose 14% YoY to $23.9B, vs. $23.27B estimated, an all-time record — The Apple Services segment generated $23.87 billion, up 14.2%, for the quarter ended March 30, topping analyst forecasts of $23.12 billion.
Tim Cook says Apple has “big plans to announce” from an “AI point of view” during its May 7 event, where new iPads are expected, and at WWDC in June (Zac Hall/9to5Mac)
Zac Hall / 9to5Mac:
Tim Cook says Apple has “big plans to announce” from an “AI point of view” during its May 7 event, where new iPads are expected, and at WWDC in June — Apple CEO Tim Cook has confirmed that the company will discuss AI at its iPad event next week.
WhatsApp told Delhi High Court last week that it will be forced to leave India if required to maintain “traceability” for messages as part of 2021’s IT rules (Russell Brandom/Rest of World)
Russell Brandom / Rest of World:
WhatsApp told Delhi High Court last week that it will be forced to leave India if required to maintain “traceability” for messages as part of 2021’s IT rules — Tracing the origins of messages is more complicated than it sounds. — Russell Brandom is the U.S. Tech Editor at Rest of World.
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B (Kif Leswing/CNBC)
Kif Leswing / CNBC:
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B — Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B (Ryan Vlastelica/Bloomberg)
Ryan Vlastelica / Bloomberg:
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B — – Stock has sharply underperformed amid weak growth trends — Capital returns will be a focus ahead of upcoming AI event
