03, Dec, 2019
Samsung revenue declines, despite strong Galaxy S10 sales

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The smartphone slowdown isn’t stinging Samsung as much as some may have predicted, thanks to strong sales from its new Galaxy S10 lineup. Samsung said Monday that its first-quarter financial results were weighed down by weakness in its memory chip and display businesses, but that its newly launched flagship smartphone logged solid […]

Amazon Web Services reports 45 percent jump in revenue in the fourth quarter Amazon Web Services said revenue reached $7.43 billion in the fourth quarter. The segment remains Amazon’s dominant source of profit. Amazon beat on earnings and revenues—here’s what three experts are saying about the stock now   8 Hours […]

Amazon’s cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to cement its lead over Microsoft and Google. Sales at Amazon Web Services climbed to $7.43 billion from $5.11 billion a year ago, topping the $7.29 billion consensus estimate among analysts polled by FactSet. […]