Microsoft shares initially dropped more than 5% after the software giant reported that sales grew 20% to $51.7 billion in its fiscal second quarter ended Dec. 31 compared to the previous year, although they rebounded later on after the software giant shared its sales forecast for its current quarter and full fiscal year. While this marked the first time Microsoft has topped $50 billion in...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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