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Amazon. And its stock is paying the price. The Online Retail behemoth earned a dollar a share. That translates into its largest quarterly profit in its 19year history. But investors wanted more, a lot more. Expects were 1. 56 per share. Revenue came in shy of estimates despite rising more than 20 from a year ago. And as for its shares they were punished initially after that report. John ford has more on amazons results. Big number to watch in amazon earnings is the top line revenue wall street was looking for, 35. 9 billion in revenue, they got 37. 7 billion. Eps missed also. Its overall growth thats been driving the valuation for amazon. Amazon web services did well. That actually beat despite high expectations. But the stock fell after hours on that topline number. Well have to see the impact is on other highvaluation stocks because this is certainly one of the ones that gets a lot of notice. Guys, back to you. John ford reportin ....
Even as EU developers get the option to sell apps outside of the App Store, there are some who should stay with Apple, and a few who should go it alone. Here's the breakdown. ....
Analyst Ming-Chi Kuo has reaffirmed predictions that the first Apple AR headset will launch at the end of 2022, but now says it will be a much more powerful device than expected. ....
Through its virtual reality (VR) app, US-based startup Nanome licenses its technology to scientists in their research of diseases as well as pharma companies aiming to design new drugs ....