Top News of the Day:
1. Apple reported $124.3 billion in revenue for the holiday quarter, yet fell short of market expectations, largely due to competitive pressures in China affecting iPhone sales.
2. Chinese state-linked social media accounts amp
Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads.
Despite having a good product onecard is spending huge capital to acquire new customers.
7 replies9 likes
Rohan A
Stealth • 1m
Zerodha revenue crosses a billion dollars. Profit stands at ~60%.
8 replies1 like
Mahendra Lochhab
Stealth • 3m
The revenue for the Indian pharmaceutical industry is expected to reach $65 billion by 2024 and $130 billion by 2030.
0 replies3 likes
Aakash kashyap
Stealth • 3m
This image shows Google's Q3 2023 earnings, with $76.7 billion in revenue. Key contributors are search, YouTube, Google Play, and Google Cloud, with ad revenue being the largest at $59.6 billion. Google’s net profit is $19.7 billion (26% margin), whi
📈 Apple has released its third quarter financial report.
Revenue for Q3 2024 was $85.8 billion (+5% vs. Q3 2023). Net income was $21.45 billion.
Category:
• iPhone: $39.30 billion (-0.94%)
• Mac: $7 billion (+2.4%)
• iPad: $7.16 billion (+23.6%)
🔵 Apple Defies Low Expectations With Services Strength
Despite a 10.5% decline in iPhone sales to $46 billion, Apple’s Q2 2024 results exceeded pessimistic forecasts. Total revenue dipped 4% to $90.8 billion, but the services segment shined, growin
Meta (Facebook's parent company) reported strong Q1 2024 results, with revenue up 27% year-over-year to $36.46 billion and net income up 117% to $12.37 billion. However, the company issued a light Q2 revenue forecast and announced higher capital expe
