APPLE WEATHERED THE supply chain snarls at the end of 2021 that tripped up the global electronics market and other industries, announcing on Thursdayan11 percent increase in revenue and a 20 percent jump in profit in its most recent quarter while offering optimism that the worst of the problems were behind it.
Apple, the world's most valuable public company, beat Wall Street analysts' expectations with its record results, easing fears that the tech industry's long period of fast growth may be coming to an end. It made $34.6 billion in profit off revenue of $123.9 billion in the three months ending in December, though its revenue growth continued to slow.
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Microsoft To Double 'Budget For Salary Hikes
Microsoft plansto “nearly double” its budget for employee salary increases and boost the range of stock compensation it gives some workers by at least 25%, an effort to retain staff and help people cope with inflation.
Musk Doubts On Spam Accounts May Hit Deal
$44-Billion twitter acquisition
Hyundai partners Tata Power for EV charging infra
HYUNDAI INDIA, WHICH will launch the Ioniq 5 electric vehicle (EV) later this year and aims to have six EV models by 2028, has partnered with Tata Power to build an EV charging network.
After weak debut, antsy investors of LIC seek Aramco-style dividend
DISAPPOINTED BY A 7.8% plunge that made for the world's second-worst trading debut among large IPOs this year, shareholders of Life Insurance Corp of India (LIC) will be counting on a bumper dividendifthe government wants them to stay put.
Buffett's Berkshire bets $2.9 bn on Citi
WARREN BUFFETT'S BERKSHIRE Hathaway, which cut many bank holdings as the pandemicbore down on the US, is backwith a roughly $2.9 billion bet on Jane Fraser's Citigroup even as it said goodbye to a longtime stake in Wells Fargo & Co.
Bansal's Navi among 6 bank applicants rejected by RBI
11 ENTITIES APPLIED FOR LICENCE
Infosys told to resolve GSTN glitches, deadline for returns filing extended till May 24
THE ISSUE OF technical glitches at the government's tax portals has resurfaced, putting service provider Infosys on the spot.
Markets shrug off inflation worries, gallop 2.54%
Experts said the easing Covid-19 related restrictions in China helped perk up the sentiment
No WFH for financial intermediaries
SEBI PLANS DIRECTIVE TO IMPROVE SURVEILLANCE
5G investment accelerated growth in quarter
Upcycle is likely to continue; EPS for FY23/24e cut by 4.3/2.8%; ‘Buy’ maintained with target price of ₹1,825
Business Regrets? They've Had a Few
There are many reasons why companies go thumbs-down on good ideas. Some of those reasons seem reasonable:
Leading the Smart Appliance Revolution
Thermador and the future of kitchen tech.
5 Reasons to Buy a Desktop PC Instead of a Laptop
Before you buy a new laptop, take a moment to consider the benefits of a dedicated desktop computer.
GOOGLE ADOPTS AN APPLE-LIKE APPROACH FOR ITS PIXEL PRODUCTS
Google took a big step toward pushing its Pixel product line-up down a road already paved by Apple and its array of trendsetting devices.
Self Service Repair
Empowering consumers to fix their devices
Apple Delivers Strong Quarter, but Warns of Trouble Ahead
Apple reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen.
Investors are rethinking a strategy that's served them for the better part of a decade
Apple Mac Studio: An Absolute Powerhouse
Amping up the mini-Mac for serious creators
Affordable, Tested Tech Actually Worth Buying
Our experts review more than 2,000 products each year: laptops, TVs, phones, routers, you name it. Here are some of the very best budget buys.
A Juice Boost
Belkin's latest power bank will get your gadgets charged when outlets are hard to find