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Tag Archives: Internet of Things (IoT) News

Microsoft (MSFT) Posts Strong Earnings Growth While Azure Growth Rate Falls

Tech-giant Microsoft released its earnings report from their first quarter on Wednesday but MSFT stock hasn’t shown any bigger movements. At the time of writing, however, the stock in premarket went up by 0.64% to $137.24.The results were better-than-expected meaning earnings came to $1.38 per share, excluding certain items. Analysts expected $1.25 per share. Revenue was $33.06 billion that was slightly more than analysts’ expectations of $32.23.Revenue grew 14% in the first quarter of...

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Snapchat’s Q3 2019 Earnings Beat Estimates, Revenue Shoots 50% YoY

Snap Inc., the parent company of multimedia messaging app Snapchat has delivered a strong performance in Q3 2019 and beats analysts’ expectations. The company has seen a major uptick in its user-base and revenue while limiting its losses even below the expected value.The net loss has decreased to $227 million from $255 million in Q2 2019 while it has decreased nearly $100 million QoQ. Last quarter, Snapchat added 7 million daily active users taking the total tally to 210 million. There is a...

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Xiaomi Set to Launch at Least 10 5G Phones in 2020, Says CEO

Xiaomi, one of the world’s biggest smartphone producers, has just revealed through its CEO that it plans to take full advantage of 5G technology, and release more than 10 supported phones before the end of 2020. The Chinese phone giant has already released a few 5G phones this year and plans to do more.Per a Reuters report, the CEO Lei Jun, has also noted that 5G technology for the phone giant will not be restricted to its high end phones. The new group of products that will be launched with...

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Google’s New Pixel 4 Gears up to Be King of Androids

Google in its recently held event, unveiled products including Pixel 4, Pixel Buds and Pixelbook Go as well, on Tuesday. The long-awaited Pixel 4, after several months of unconfirmed leaks and several speculations, seems to have met general expectations and turned a few heads.Google revealed the Pixel 4 and a larger version – the Pixel XL – with more than a few interesting features. Firstly, access to Google Assistant which is present on other Android smartphones is a lot...

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Apple’s ‘Key Growth Driver’ will Be New $399 iPhone SE2, Says Ming-Chi Kuo

In a new search report, famous Apple analyst Ming-Chi Kuo of TF Securities predicted exactly which new specifics the “iPhone SE 2” will have.Precisely, he noted the smartphone will have the A13 processor, same as in iPhone 11 and of which he has spoken about before. Also, Kuo said the phone will be available in versions with 64GB and 128GB capacities, including 3GB of application RAM.He said that there could be three finishes, including Space Gray, Silver, and Red. There will be no more 3D...

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Google Officially Presents Its Pixel 4, Its Stock Rises

Photo: Google / TwitterTrue to form, Google delivered on many of its promises as the leaks and many expectations were met. The Pixel 4 (about it we’ve already reported) and its XL Variant offered the goods and a bit more than expected. Besides, Google seems to be going head-to-head with other technology giants with new devices. The Google pixel buds Generation 2 was totally out of this world. The buds are wireless, they enable differentiation of sounds like those on the street and co even...

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SpaceX and NASA Will Be Ready to Send Astronauts Into Space By Early 2020

SpaceX CEO and founder Elon Musk, together with NASA Administrator Jim Bridenstine, have said that by the first quarter of next year, Space X will complete the development to a considerable extent and will begin initial test flights for the Crew Dragon spaceship.According to Bridenstine, this will definitely happen as long as there are no unforeseen circumstances with the project’s redesigned parachutes and its emergency systems, between now and the first quarter of next year when the launch...

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Apple (AAPL) Stock Sets New All-Time High with a Market Cap of $1.04 Trillion

Apple Inc. (AAPL) has had a great year in the stock market and all sentiments point to the possibility of even further improvement in the coming weeks. Already, AAPL has been crowned the best performing stock on the Dow Jones Industrial Average (DIJA) so far, as it has recorded YTD growth of over 43%. On Oct. 10, prices slightly crossed $230, setting a new dividend-adjusted all-time high and cemented a new market cap of $1.04 trillion.One of the biggest drivers for AAPL’s impressive drive is...

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Hold On, Apple: Sources Hint At Google’s 5G Pixel 4 Handset Announcement

Photo: Maurizio Pesce / FlickrGoogle is all set to take an edge over its competitors at the upcoming Pixel 4 launch next week. According to the Nikkei publication, Google’s Pixel 4 and Pixel 4 XL handsets will come with 5G compatibility and its production has already started.The publication said that the search giant is all set to take its arch-rival Apple head-on, who recently announced the iPhone 11 and iPhone 11 Pro handsets last month. The sources familiar with the matter said:“The two...

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Apple (AAPL) Stock On The Verge Of A Crash As iPhone 11 Defect Appears

As far as the stock market is concerned, Apple (AAPL) has had a pretty great 2019 so far. Already Apple’s stock has surged more than 43% this year alone, easily crowning it as the best performing stock in the Dow Jones Industrial average. Consequently, even though the Microsoft Corporation (MSFT) has a larger market cap, Apple has so far performed better and also beat out other FAANG stocks including Amazon, Netflix, Facebook, and Google’s parent Alphabet.One of the major reasons ascribed to...

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