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TJW1991

TJW1991

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2024-12-06

1Means what ? All my share will become 1.16?

Aelios Makes Mandatory Conditional Cash Offer to Buy Suntec REIT

2024-04-02

It is time to run

Sorry, the original content has been removed

2024-01-16

$Advanced Micro Devices(AMD)$

2023-10-29

Continue to dollar cost average

2023-08-03

Kinda expected. TSM sale on phone drop 9%

Apple Sees Sales Slump Continuing, Shares Drop More Than 2%

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$Apple(AAPL)$ tsm drop quacom drop apple have to drop

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Tiger cannot modify indicator parameters? Wtf

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Then i want to cancel subscription liao lo

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$Invesco QQQ Trust(QQQ)$

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Great ariticle, would you like to share it?

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10:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Aelios made a mandatory conditional cash offer to buy the remaining units it does not own in Suntec REIT (SGX:T82U), according to a Friday filing with the Singapore Exchange.</p><p>Earlier, Aelios had acquired an aggregate of 62,541,7000 units in the company for a cash consideration of SG$1.16 per unit, representing around 2.14% of the total number of issued units.</p><p>Currently, Aelios has a 31.45% stake in the REIT.</p><p>Shares of the REIT were up nearly 2% in recent trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2489423454","content_text":"Aelios made a mandatory conditional cash offer to buy the remaining units it does not own in Suntec REIT (SGX:T82U), according to a Friday filing with the Singapore Exchange.Earlier, Aelios had acquired an aggregate of 62,541,7000 units in the company for a cash consideration of SG$1.16 per unit, representing around 2.14% of the total number of issued units.Currently, Aelios has a 31.45% stake in the REIT.Shares of the REIT were up nearly 2% in recent trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291000253235416,"gmtCreate":1712070902086,"gmtModify":1712070905712,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"It is time to run","listText":"It is time to run","text":"It is time to run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291000253235416","repostId":"1156890674","repostType":2,"isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":263830958448736,"gmtCreate":1705447649291,"gmtModify":1705447651679,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$ </a>&nbsp;","text":"$Advanced Micro Devices(AMD)$","images":[{"img":"https://community-static.tradeup.com/news/d98e59737cd7db8af9454eb096c052db","width":"1208","height":"1876"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263830958448736","isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":235678544969952,"gmtCreate":1698571519558,"gmtModify":1698571532257,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Continue to dollar cost average","listText":"Continue to dollar cost average","text":"Continue to dollar cost average","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235678544969952","isVote":1,"tweetType":1,"viewCount":889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205186005995672,"gmtCreate":1691103777424,"gmtModify":1691103781796,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Kinda expected.&nbsp;TSM sale on phone drop 9%","listText":"Kinda expected.&nbsp;TSM sale on phone drop 9%","text":"Kinda expected. TSM sale on phone drop 9%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205186005995672","repostId":"1149960003","repostType":2,"repost":{"id":"1149960003","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1691101461,"share":"https://ttm.financial/m/news/1149960003?lang=&edition=full_marsco","pubTime":"2023-08-04 06:24","market":"us","language":"en","title":"Apple Sees Sales Slump Continuing, Shares Drop More Than 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1149960003","media":"Reuters","summary":"Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.Apple share","content":"<html><head></head><body><p>Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.</p><p style=\"text-align: start;\">Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple&#39;s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fcba7082389e0b3233f8bb61468024c\" tg-width=\"856\" tg-height=\"618\"/></p><p>Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.</p><p style=\"text-align: start;\">Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.</p><p>Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company&#39;s fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.</p><p>Apple&#39;s research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.</p><p style=\"text-align: start;\">Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&amp;D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.</p><p style=\"text-align: start;\">&#34;We&#39;ve been doing research across a wide range of AI technologies, including generative AI, for years. We&#39;re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people&#39;s lives,&#34; Cook said. &#34;Obviously, we&#39;re investing a lot, and it is showing up in the R&amp;D spending that you&#39;re looking at.&#34;</p><p style=\"text-align: start;\">While Big Tech rivals including Microsoft and Alphabet&#39;s Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone&#39;s ability to transcribe voice mail messages in real time, starting this autumn.</p><p style=\"text-align: start;\">In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple&#39;s iPhone sales in China grew by &#34;double digits&#34; and that sales were also high in other segments in China.</p><p style=\"text-align: start;\">That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year&#39;s same quarter.</p><p style=\"text-align: start;\">&#34;This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,&#34; Cook said. &#34;We also set quarterly records in China for both wearables, home and accessories, and services.&#34;</p><p style=\"text-align: start;\">Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.</p><p style=\"text-align: start;\">&#34;The company continues to face headwinds caused by waning growth in the smartphone market,&#34; said Insider Intelligence analyst Jeremy Goldman. &#34;All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.&#34;</p><p style=\"text-align: start;\">Apple&#39;s services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.</p><p style=\"text-align: start;\">&#34;Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,&#34; said Jesse Cohen, senior analyst at Investing.com.</p><p style=\"text-align: start;\">The company&#39;s wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">&#34;Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,&#34; Cook told Reuters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sees Sales Slump Continuing, Shares Drop More Than 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees Sales Slump Continuing, Shares Drop More Than 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-08-04 06:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.</p><p style=\"text-align: start;\">Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple&#39;s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fcba7082389e0b3233f8bb61468024c\" tg-width=\"856\" tg-height=\"618\"/></p><p>Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.</p><p style=\"text-align: start;\">Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.</p><p>Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company&#39;s fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.</p><p>Apple&#39;s research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.</p><p style=\"text-align: start;\">Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&amp;D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.</p><p style=\"text-align: start;\">&#34;We&#39;ve been doing research across a wide range of AI technologies, including generative AI, for years. We&#39;re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people&#39;s lives,&#34; Cook said. &#34;Obviously, we&#39;re investing a lot, and it is showing up in the R&amp;D spending that you&#39;re looking at.&#34;</p><p style=\"text-align: start;\">While Big Tech rivals including Microsoft and Alphabet&#39;s Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone&#39;s ability to transcribe voice mail messages in real time, starting this autumn.</p><p style=\"text-align: start;\">In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple&#39;s iPhone sales in China grew by &#34;double digits&#34; and that sales were also high in other segments in China.</p><p style=\"text-align: start;\">That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year&#39;s same quarter.</p><p style=\"text-align: start;\">&#34;This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,&#34; Cook said. &#34;We also set quarterly records in China for both wearables, home and accessories, and services.&#34;</p><p style=\"text-align: start;\">Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.</p><p style=\"text-align: start;\">&#34;The company continues to face headwinds caused by waning growth in the smartphone market,&#34; said Insider Intelligence analyst Jeremy Goldman. &#34;All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.&#34;</p><p style=\"text-align: start;\">Apple&#39;s services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.</p><p style=\"text-align: start;\">&#34;Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,&#34; said Jesse Cohen, senior analyst at Investing.com.</p><p style=\"text-align: start;\">The company&#39;s wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">&#34;Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,&#34; Cook told Reuters.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149960003","content_text":"Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company's fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.Apple's research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.\"We've been doing research across a wide range of AI technologies, including generative AI, for years. We're going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people's lives,\" Cook said. \"Obviously, we're investing a lot, and it is showing up in the R&D spending that you're looking at.\"While Big Tech rivals including Microsoft and Alphabet's Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone's ability to transcribe voice mail messages in real time, starting this autumn.In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple's iPhone sales in China grew by \"double digits\" and that sales were also high in other segments in China.That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year's same quarter.\"This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,\" Cook said. \"We also set quarterly records in China for both wearables, home and accessories, and services.\"Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.\"The company continues to face headwinds caused by waning growth in the smartphone market,\" said Insider Intelligence analyst Jeremy Goldman. \"All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.\"Apple's services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.\"Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,\" said Jesse Cohen, senior analyst at Investing.com.The company's wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.\"Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,\" Cook told Reuters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205173094756512,"gmtCreate":1691100450754,"gmtModify":1691100453748,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"0\"></v-v>tsm drop quacom drop apple have to drop","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"0\"></v-v>tsm drop quacom drop apple have to drop","text":"$Apple(AAPL)$ tsm drop quacom drop apple have to drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205173094756512","isVote":1,"tweetType":1,"viewCount":1178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":203574164840656,"gmtCreate":1690729892708,"gmtModify":1690767738228,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Tiger cannot modify indicator parameters? Wtf","listText":"Tiger cannot modify indicator parameters? Wtf","text":"Tiger cannot modify indicator parameters? Wtf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/203574164840656","isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201753082806320,"gmtCreate":1690292557307,"gmtModify":1690292561115,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Then i want to cancel subscription liao lo","listText":"Then i want to cancel subscription liao lo","text":"Then i want to cancel subscription liao lo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201753082806320","repostId":"2354331576","repostType":2,"repost":{"id":"2354331576","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1690291860,"share":"https://ttm.financial/m/news/2354331576?lang=&edition=full_marsco","pubTime":"2023-07-25 21:31","market":"us","language":"en","title":"Podcast Cuts and Higher Music Royalties Deepen Spotify Losses -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2354331576","media":"Dow Jones","summary":"Generation Z and overseas listeners helped Spotify notch its strongest ever quarter for new users, while the streaming giant reported steeper losses from podcasting cuts and higher music royalty costs.The audio company is in the throes of an effort to improve profitability, which includes right-sizing its investments in podcasting and raising prices.On Monday, Spotify said it is raising prices for its premium subscription to $10.99 a month in the U.S. from its longstanding price of $9.99, confirming an earlier report by The Wall Street Journal. The company had told investors it would raise prices this year as part of a continuing push to consistently turn a profit.The audio giant said it would soon raise prices in dozens of other markets around the world, including the U.K., France, Mexico, Peru, Singapore and Hong Kong.Asked about the company's ability to raise prices longer term, Chief Executive Daniel Ek said Spotify continues to improve its product, increase podcasting and expand i","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Anne Steele \n</p>\n<p>\n  Generation Z and overseas listeners helped Spotify notch its strongest ever quarter for new users, while the streaming giant reported steeper losses from podcasting cuts and higher music royalty costs. \n</p>\n<p>\n     The audio company is in the throes of an effort to improve profitability, which includes right-sizing its investments in podcasting and raising prices. \n</p>\n<p>\n     On Monday, Spotify said it is raising prices for its premium subscription to $10.99 a month in the U.S. from its longstanding price of $9.99, confirming an earlier report by The Wall Street Journal. The company had told investors it would raise prices this year as part of a continuing push to consistently turn a profit. \n</p>\n<p>\n     Spotify shares fell 12% Tuesday after the company reported steeper losses from podcasting cuts and higher music royalty costs. \n</p>\n<p>\n     The Stockholm streaming giant notched its strongest-ever quarter for new users, yet missed its revenue target and offered a weaker-than-expected outlook for the current quarter. \n</p>\n<p>\n     The audio giant said it would soon raise prices in dozens of other markets around the world, including the U.K., France, Mexico, Peru, Singapore and Hong Kong. \n</p>\n<p>\n     Asked about the company's ability to raise prices longer term, Chief Executive Daniel Ek said Spotify continues to improve its product, increase podcasting and expand its audiobooks offering. \"If we're doing that, I believe that we have the ability to then raise prices to keep the value to price ratio at an appropriate level,\" he said. \n</p>\n<p>\n     How many new subscribers did Spotify add? \n</p>\n<pre>\n   -- Overall, the streamer reported 551 million monthly active users, a 27% \n      jump from a year earlier, 21 million ahead of guidance and a record high \n      for the company. The company said it was helped by successful marketing \n      and improved retention. \n \n   -- Spotify's base of paying subscribers -- its most lucrative type of \n      customer -- rose 17% to 220 million, topping the company's expectations \n      by three million. \n   -- User growth was stronger than expected in all regions, with particular \n      strength in Latin America, the company said. The company also added more \n      younger, Generation Z listeners. \n</pre>\n<p>\n     Is the company profitable? \n</p>\n<pre>\n   -- The company posted a wider loss of EUR302 million, equivalent to about \n      $335 million, or EUR1.55 a share, for the quarter ended in June, compared \n      with EUR125 million, or 85 European cents, in the year-earlier period. \n      Its gross margin fell to 24.1% as a result of EUR44 million in charges \n      related to canceling podcast shows, staff layoffs and the impairment of \n      excess real estate. \n   -- Spotify said it incurred higher music royalty costs in the period and saw \n      some improvement in podcast profitability. It reached new licensing \n      agreements with major-label partners after the quarter's end that, among \n      other things, allowed the streamer to raise subscription prices. The \n      company pays out about 70% of revenue to music rights holders. \n \n   -- Ek said in an interview that the new agreements and the company's price \n      increases are a \"win-win for Spotify and the music industry.\" \n   -- For years, executives have said the company will give priority to \n      investment in growth over profit as Spotify tried to attract users around \n      the world and expand into new forms of audio. Last fall, the company \n      indicated that profitability is expected to improve this year as it moves \n      on from that period of heavy investment. \n   -- Free cash flow, a measure of the cash a company generates from operations \n      that is viewed by many investors as a proxy for performance, was EUR9 \n      million, compared with EUR37 million a year earlier and EUR57 million in \n      the prior quarter. \n</pre>\n<p>\n     What about revenue? \n</p>\n<pre>\n   -- Overall revenue for the second quarter was up 11% to EUR3.18 billion, shy \n      of the company's forecast. \n   -- Subscriptions, the largest contributor to Spotify's top line, rose 11% to \n      EUR2.77 billion. Revenue from advertising rose 12% to EUR404 million. Ad \n      revenue has become increasingly important to the future of Spotify's \n      podcast business and accounted for nearly 13% of its overall revenue \n      during the second quarter. \n   -- Average revenue per user for the subscription business in the quarter \n      slipped 6% to EUR4.27. That metric declined as a result of Spotify \n      drawing new subscribers through discounted plans and lower prices in \n      emerging markets. \n</pre>\n<p>\n     How is its podcast business? \n</p>\n<pre>\n   -- In June, Spotify said it would cut about 200 jobs, or 2% of its workforce, \n      after struggling to make money in podcasting. The company has \n      consolidated some of its premier Gimlet and Parcast studios and axed many \n      of its original shows. \n \n   -- Ek told investors Tuesday that the company made the \"right bet\" on \n      podcasts four years ago before there was much data available on the \n      market, and that Spotify is now the top platform for that format. As it \n      cuts costs, \"we're coming at this with the process of rightsizing some \n      deals, doubling down on some of the things that worked really nicely and \n      then stepping out of some deals and relationships that hasn't worked out, \n      \" he said. \n   -- Spotify also loosened exclusivity arrangements with some of its podcasts, \n      and has begun distributing them to other platforms in a move aimed at \n      increasing the audience and ad potential of those shows. Exclusive deals \n      with its biggest stars, including Joe Rogan, Alex Cooper and Emma \n      Chamberlain, remain in place. \n</pre>\n<p>\n     News Corp's Dow Jones &amp; Co., publisher of The Wall Street Journal, has a content partnership with Spotify's Gimlet Media unit. \n</p>\n<p>\n     Write to Anne Steele at anne.steele@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 25, 2023 11:07 ET (15:07 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Podcast Cuts and Higher Music Royalties Deepen Spotify Losses -- Update</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPodcast Cuts and Higher Music Royalties Deepen Spotify Losses -- Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-07-25 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Anne Steele \n</p>\n<p>\n  Generation Z and overseas listeners helped Spotify notch its strongest ever quarter for new users, while the streaming giant reported steeper losses from podcasting cuts and higher music royalty costs. \n</p>\n<p>\n     The audio company is in the throes of an effort to improve profitability, which includes right-sizing its investments in podcasting and raising prices. \n</p>\n<p>\n     On Monday, Spotify said it is raising prices for its premium subscription to $10.99 a month in the U.S. from its longstanding price of $9.99, confirming an earlier report by The Wall Street Journal. The company had told investors it would raise prices this year as part of a continuing push to consistently turn a profit. \n</p>\n<p>\n     Spotify shares fell 12% Tuesday after the company reported steeper losses from podcasting cuts and higher music royalty costs. \n</p>\n<p>\n     The Stockholm streaming giant notched its strongest-ever quarter for new users, yet missed its revenue target and offered a weaker-than-expected outlook for the current quarter. \n</p>\n<p>\n     The audio giant said it would soon raise prices in dozens of other markets around the world, including the U.K., France, Mexico, Peru, Singapore and Hong Kong. \n</p>\n<p>\n     Asked about the company's ability to raise prices longer term, Chief Executive Daniel Ek said Spotify continues to improve its product, increase podcasting and expand its audiobooks offering. \"If we're doing that, I believe that we have the ability to then raise prices to keep the value to price ratio at an appropriate level,\" he said. \n</p>\n<p>\n     How many new subscribers did Spotify add? \n</p>\n<pre>\n   -- Overall, the streamer reported 551 million monthly active users, a 27% \n      jump from a year earlier, 21 million ahead of guidance and a record high \n      for the company. The company said it was helped by successful marketing \n      and improved retention. \n \n   -- Spotify's base of paying subscribers -- its most lucrative type of \n      customer -- rose 17% to 220 million, topping the company's expectations \n      by three million. \n   -- User growth was stronger than expected in all regions, with particular \n      strength in Latin America, the company said. The company also added more \n      younger, Generation Z listeners. \n</pre>\n<p>\n     Is the company profitable? \n</p>\n<pre>\n   -- The company posted a wider loss of EUR302 million, equivalent to about \n      $335 million, or EUR1.55 a share, for the quarter ended in June, compared \n      with EUR125 million, or 85 European cents, in the year-earlier period. \n      Its gross margin fell to 24.1% as a result of EUR44 million in charges \n      related to canceling podcast shows, staff layoffs and the impairment of \n      excess real estate. \n   -- Spotify said it incurred higher music royalty costs in the period and saw \n      some improvement in podcast profitability. It reached new licensing \n      agreements with major-label partners after the quarter's end that, among \n      other things, allowed the streamer to raise subscription prices. The \n      company pays out about 70% of revenue to music rights holders. \n \n   -- Ek said in an interview that the new agreements and the company's price \n      increases are a \"win-win for Spotify and the music industry.\" \n   -- For years, executives have said the company will give priority to \n      investment in growth over profit as Spotify tried to attract users around \n      the world and expand into new forms of audio. Last fall, the company \n      indicated that profitability is expected to improve this year as it moves \n      on from that period of heavy investment. \n   -- Free cash flow, a measure of the cash a company generates from operations \n      that is viewed by many investors as a proxy for performance, was EUR9 \n      million, compared with EUR37 million a year earlier and EUR57 million in \n      the prior quarter. \n</pre>\n<p>\n     What about revenue? \n</p>\n<pre>\n   -- Overall revenue for the second quarter was up 11% to EUR3.18 billion, shy \n      of the company's forecast. \n   -- Subscriptions, the largest contributor to Spotify's top line, rose 11% to \n      EUR2.77 billion. Revenue from advertising rose 12% to EUR404 million. Ad \n      revenue has become increasingly important to the future of Spotify's \n      podcast business and accounted for nearly 13% of its overall revenue \n      during the second quarter. \n   -- Average revenue per user for the subscription business in the quarter \n      slipped 6% to EUR4.27. That metric declined as a result of Spotify \n      drawing new subscribers through discounted plans and lower prices in \n      emerging markets. \n</pre>\n<p>\n     How is its podcast business? \n</p>\n<pre>\n   -- In June, Spotify said it would cut about 200 jobs, or 2% of its workforce, \n      after struggling to make money in podcasting. The company has \n      consolidated some of its premier Gimlet and Parcast studios and axed many \n      of its original shows. \n \n   -- Ek told investors Tuesday that the company made the \"right bet\" on \n      podcasts four years ago before there was much data available on the \n      market, and that Spotify is now the top platform for that format. As it \n      cuts costs, \"we're coming at this with the process of rightsizing some \n      deals, doubling down on some of the things that worked really nicely and \n      then stepping out of some deals and relationships that hasn't worked out, \n      \" he said. \n   -- Spotify also loosened exclusivity arrangements with some of its podcasts, \n      and has begun distributing them to other platforms in a move aimed at \n      increasing the audience and ad potential of those shows. Exclusive deals \n      with its biggest stars, including Joe Rogan, Alex Cooper and Emma \n      Chamberlain, remain in place. \n</pre>\n<p>\n     News Corp's Dow Jones &amp; Co., publisher of The Wall Street Journal, has a content partnership with Spotify's Gimlet Media unit. \n</p>\n<p>\n     Write to Anne Steele at anne.steele@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 25, 2023 11:07 ET (15:07 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A.","BK4588":"碎股","BK4571":"数字音乐概念","BK4548":"巴美列捷福持仓","BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2354331576","content_text":"By Anne Steele \n\n\n  Generation Z and overseas listeners helped Spotify notch its strongest ever quarter for new users, while the streaming giant reported steeper losses from podcasting cuts and higher music royalty costs. \n\n\n     The audio company is in the throes of an effort to improve profitability, which includes right-sizing its investments in podcasting and raising prices. \n\n\n     On Monday, Spotify said it is raising prices for its premium subscription to $10.99 a month in the U.S. from its longstanding price of $9.99, confirming an earlier report by The Wall Street Journal. The company had told investors it would raise prices this year as part of a continuing push to consistently turn a profit. \n\n\n     Spotify shares fell 12% Tuesday after the company reported steeper losses from podcasting cuts and higher music royalty costs. \n\n\n     The Stockholm streaming giant notched its strongest-ever quarter for new users, yet missed its revenue target and offered a weaker-than-expected outlook for the current quarter. \n\n\n     The audio giant said it would soon raise prices in dozens of other markets around the world, including the U.K., France, Mexico, Peru, Singapore and Hong Kong. \n\n\n     Asked about the company's ability to raise prices longer term, Chief Executive Daniel Ek said Spotify continues to improve its product, increase podcasting and expand its audiobooks offering. \"If we're doing that, I believe that we have the ability to then raise prices to keep the value to price ratio at an appropriate level,\" he said. \n\n\n     How many new subscribers did Spotify add? \n\n\n   -- Overall, the streamer reported 551 million monthly active users, a 27% \n      jump from a year earlier, 21 million ahead of guidance and a record high \n      for the company. The company said it was helped by successful marketing \n      and improved retention. \n \n   -- Spotify's base of paying subscribers -- its most lucrative type of \n      customer -- rose 17% to 220 million, topping the company's expectations \n      by three million. \n   -- User growth was stronger than expected in all regions, with particular \n      strength in Latin America, the company said. The company also added more \n      younger, Generation Z listeners. \n\n\n     Is the company profitable? \n\n\n   -- The company posted a wider loss of EUR302 million, equivalent to about \n      $335 million, or EUR1.55 a share, for the quarter ended in June, compared \n      with EUR125 million, or 85 European cents, in the year-earlier period. \n      Its gross margin fell to 24.1% as a result of EUR44 million in charges \n      related to canceling podcast shows, staff layoffs and the impairment of \n      excess real estate. \n   -- Spotify said it incurred higher music royalty costs in the period and saw \n      some improvement in podcast profitability. It reached new licensing \n      agreements with major-label partners after the quarter's end that, among \n      other things, allowed the streamer to raise subscription prices. The \n      company pays out about 70% of revenue to music rights holders. \n \n   -- Ek said in an interview that the new agreements and the company's price \n      increases are a \"win-win for Spotify and the music industry.\" \n   -- For years, executives have said the company will give priority to \n      investment in growth over profit as Spotify tried to attract users around \n      the world and expand into new forms of audio. Last fall, the company \n      indicated that profitability is expected to improve this year as it moves \n      on from that period of heavy investment. \n   -- Free cash flow, a measure of the cash a company generates from operations \n      that is viewed by many investors as a proxy for performance, was EUR9 \n      million, compared with EUR37 million a year earlier and EUR57 million in \n      the prior quarter. \n\n\n     What about revenue? \n\n\n   -- Overall revenue for the second quarter was up 11% to EUR3.18 billion, shy \n      of the company's forecast. \n   -- Subscriptions, the largest contributor to Spotify's top line, rose 11% to \n      EUR2.77 billion. Revenue from advertising rose 12% to EUR404 million. Ad \n      revenue has become increasingly important to the future of Spotify's \n      podcast business and accounted for nearly 13% of its overall revenue \n      during the second quarter. \n   -- Average revenue per user for the subscription business in the quarter \n      slipped 6% to EUR4.27. That metric declined as a result of Spotify \n      drawing new subscribers through discounted plans and lower prices in \n      emerging markets. \n\n\n     How is its podcast business? \n\n\n   -- In June, Spotify said it would cut about 200 jobs, or 2% of its workforce, \n      after struggling to make money in podcasting. The company has \n      consolidated some of its premier Gimlet and Parcast studios and axed many \n      of its original shows. \n \n   -- Ek told investors Tuesday that the company made the \"right bet\" on \n      podcasts four years ago before there was much data available on the \n      market, and that Spotify is now the top platform for that format. As it \n      cuts costs, \"we're coming at this with the process of rightsizing some \n      deals, doubling down on some of the things that worked really nicely and \n      then stepping out of some deals and relationships that hasn't worked out, \n      \" he said. \n   -- Spotify also loosened exclusivity arrangements with some of its podcasts, \n      and has begun distributing them to other platforms in a move aimed at \n      increasing the audience and ad potential of those shows. Exclusive deals \n      with its biggest stars, including Joe Rogan, Alex Cooper and Emma \n      Chamberlain, remain in place. \n\n\n     News Corp's Dow Jones & Co., publisher of The Wall Street Journal, has a content partnership with Spotify's Gimlet Media unit. \n\n\n     Write to Anne Steele at anne.steele@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 25, 2023 11:07 ET (15:07 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970419565,"gmtCreate":1684808431858,"gmtModify":1684808434511,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Invesco QQQ Trust(QQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970419565","isVote":1,"tweetType":1,"viewCount":1164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970536068,"gmtCreate":1684641189555,"gmtModify":1684641201898,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970536068","repostId":"2337663321","repostType":2,"repost":{"id":"2337663321","kind":"news","pubTimestamp":1684632233,"share":"https://ttm.financial/m/news/2337663321?lang=&edition=full_marsco","pubTime":"2023-05-21 09:23","market":"us","language":"en","title":"South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers at a memorial for Korean atomic bomb victims in Hiroshima","url":"https://stock-news.laohu8.com/highlight/detail?id=2337663321","media":"Bloomberg:","summary":"South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers","content":"<div>\n<p>South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers at a memorial for Korean atomic bomb victims in Hiroshima</p>\n\n<a href=\"https://t.co/xsTzNEiPeM\">Web Link</a>\n\n</div>\n","source":"redbox_twitter","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers at a memorial for Korean atomic bomb victims in Hiroshima</title>\n<style 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victims in Hiroshima</p>\n\n<a href=\"https://t.co/xsTzNEiPeM\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://t.co/xsTzNEiPeM","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337663321","content_text":"South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers at a memorial for Korean atomic bomb victims in 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Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/352554169","repostId":"1173407279","repostType":4,"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188512096,"gmtCreate":1623454639415,"gmtModify":1704203956272,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Comment me","listText":"Comment me","text":"Comment me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/188512096","repostId":"2142858202","repostType":4,"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189559717,"gmtCreate":1623282756239,"gmtModify":1704199898649,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/189559717","repostId":"1193607718","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192052712,"gmtCreate":1621132499036,"gmtModify":1704353154026,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/192052712","repostId":"1174509827","repostType":4,"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193165304,"gmtCreate":1620776067708,"gmtModify":1704348081641,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/193165304","repostId":"2134660771","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205186005995672,"gmtCreate":1691103777424,"gmtModify":1691103781796,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578904826776116","authorIdStr":"3578904826776116"},"themes":[],"htmlText":"Kinda expected.&nbsp;TSM sale on phone drop 9%","listText":"Kinda expected.&nbsp;TSM sale on phone drop 9%","text":"Kinda expected. TSM sale on phone drop 9%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205186005995672","repostId":"1149960003","repostType":2,"repost":{"id":"1149960003","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1691101461,"share":"https://ttm.financial/m/news/1149960003?lang=&edition=full_marsco","pubTime":"2023-08-04 06:24","market":"us","language":"en","title":"Apple Sees Sales Slump Continuing, Shares Drop More Than 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1149960003","media":"Reuters","summary":"Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.Apple share","content":"<html><head></head><body><p>Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.</p><p style=\"text-align: start;\">Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple&#39;s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fcba7082389e0b3233f8bb61468024c\" tg-width=\"856\" tg-height=\"618\"/></p><p>Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.</p><p style=\"text-align: start;\">Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.</p><p>Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company&#39;s fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.</p><p>Apple&#39;s research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.</p><p style=\"text-align: start;\">Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&amp;D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.</p><p style=\"text-align: start;\">&#34;We&#39;ve been doing research across a wide range of AI technologies, including generative AI, for years. We&#39;re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people&#39;s lives,&#34; Cook said. &#34;Obviously, we&#39;re investing a lot, and it is showing up in the R&amp;D spending that you&#39;re looking at.&#34;</p><p style=\"text-align: start;\">While Big Tech rivals including Microsoft and Alphabet&#39;s Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone&#39;s ability to transcribe voice mail messages in real time, starting this autumn.</p><p style=\"text-align: start;\">In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple&#39;s iPhone sales in China grew by &#34;double digits&#34; and that sales were also high in other segments in China.</p><p style=\"text-align: start;\">That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year&#39;s same quarter.</p><p style=\"text-align: start;\">&#34;This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,&#34; Cook said. &#34;We also set quarterly records in China for both wearables, home and accessories, and services.&#34;</p><p style=\"text-align: start;\">Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.</p><p style=\"text-align: start;\">&#34;The company continues to face headwinds caused by waning growth in the smartphone market,&#34; said Insider Intelligence analyst Jeremy Goldman. &#34;All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.&#34;</p><p style=\"text-align: start;\">Apple&#39;s services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.</p><p style=\"text-align: start;\">&#34;Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,&#34; said Jesse Cohen, senior analyst at Investing.com.</p><p style=\"text-align: start;\">The company&#39;s wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">&#34;Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,&#34; Cook told Reuters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Sees Sales Slump Continuing, Shares Drop More Than 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sees Sales Slump Continuing, Shares Drop More Than 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-08-04 06:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.</p><p style=\"text-align: start;\">Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple&#39;s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fcba7082389e0b3233f8bb61468024c\" tg-width=\"856\" tg-height=\"618\"/></p><p>Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.</p><p style=\"text-align: start;\">Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.</p><p>Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company&#39;s fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.</p><p>Apple&#39;s research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.</p><p style=\"text-align: start;\">Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&amp;D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.</p><p style=\"text-align: start;\">&#34;We&#39;ve been doing research across a wide range of AI technologies, including generative AI, for years. We&#39;re going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people&#39;s lives,&#34; Cook said. &#34;Obviously, we&#39;re investing a lot, and it is showing up in the R&amp;D spending that you&#39;re looking at.&#34;</p><p style=\"text-align: start;\">While Big Tech rivals including Microsoft and Alphabet&#39;s Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone&#39;s ability to transcribe voice mail messages in real time, starting this autumn.</p><p style=\"text-align: start;\">In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple&#39;s iPhone sales in China grew by &#34;double digits&#34; and that sales were also high in other segments in China.</p><p style=\"text-align: start;\">That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year&#39;s same quarter.</p><p style=\"text-align: start;\">&#34;This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,&#34; Cook said. &#34;We also set quarterly records in China for both wearables, home and accessories, and services.&#34;</p><p style=\"text-align: start;\">Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.</p><p style=\"text-align: start;\">&#34;The company continues to face headwinds caused by waning growth in the smartphone market,&#34; said Insider Intelligence analyst Jeremy Goldman. &#34;All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.&#34;</p><p style=\"text-align: start;\">Apple&#39;s services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.</p><p style=\"text-align: start;\">&#34;Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,&#34; said Jesse Cohen, senior analyst at Investing.com.</p><p style=\"text-align: start;\">The company&#39;s wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.</p><p style=\"text-align: start;\">&#34;Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,&#34; Cook told Reuters.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149960003","content_text":"Aug 3 (Reuters) - Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.Apple shares dropped 2.6% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.Apple is in a delicate position, with its entrenched iPhone battling for share against Android rivals in a mature market, while its next big product - the Vision Pro mixed-reality headset announced in June - is not yet in the hands of consumers.Apple said sales for the fiscal third quarter ended July 1 fell 1.4% to $81.8 billion and earnings per share rose 5% to $1.26. That topped analyst expectations of $81.69 billion and $1.19 per share, according to IBES data from Refinitiv. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.Apple Chief Financial Officer Luca Maestri said the company expects a year-over-year revenue performance in the company's fiscal fourth quarter ending in September similar to the drop the company reported on Thursday. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data.Apple pegged the gross profit margin in the September quarter at 44% to 45%, while analysts on average expected 43.4%, according to Refinitiv data.Apple's research and development spending also hit $22.61 billion for the fiscal year so far, about $3.12 billion higher than at this point in the previous year.Apple Chief Executive Officer Tim Cook told Reuters in an interview that the increased R&D spending was in part driven by work on generative artificial intelligence, the same field that is driving spending at other big technology companies.\"We've been doing research across a wide range of AI technologies, including generative AI, for years. We're going to continue investing and innovating and responsibly advancing our products with these technologies to help enrich people's lives,\" Cook said. \"Obviously, we're investing a lot, and it is showing up in the R&D spending that you're looking at.\"While Big Tech rivals including Microsoft and Alphabet's Google are spending billions on dueling chatbots and other AI technologies, Cook said that AI would show up in Apple products as new features. One such feature, he said, will be the iPhone's ability to transcribe voice mail messages in real time, starting this autumn.In the meantime, Apple appeared to outperform what has been the weakest smartphone market in China in almost a decade. Overall smartphone sales declined 8% in China in the calendar second quarter to their lowest levels since 2014, according to Counterpoint Research. By contrast, Cook told Reuters that Apple's iPhone sales in China grew by \"double digits\" and that sales were also high in other segments in China.That helped Apple push sales in its greater China region to $15.76 billion, from $14.60 billion in last year's same quarter.\"This was really done by attracting a quarterly record of switchers to the iPhone, as well as having a strong upgrader activity,\" Cook said. \"We also set quarterly records in China for both wearables, home and accessories, and services.\"Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but gave no numbers.\"The company continues to face headwinds caused by waning growth in the smartphone market,\" said Insider Intelligence analyst Jeremy Goldman. \"All eyes are now on its earnings call for any potential Vision Pro or AI-related announcements that could further push the boundaries of their business model.\"Apple's services segment, which includes its Apple TV+ service which has announced a deal to carry Major League Soccer, had $21.21 billion in revenue, compared with analyst estimates of $20.76 billion, according to Refinitiv data.Cook said Apple now has 1 billion subscribers on its platform, which includes both Apple services and third-party apps, up from 975 million a quarter ago.\"Services revenue was a bright spot, reaching the highest quarterly sales amount on record thanks to soaring search-licensing revenue,\" said Jesse Cohen, senior analyst at Investing.com.The company's wearables business, which includes the Apple Watch and AirPods, had revenue of $8.28 billion, compared with analyst estimates of $8.39 billion, according to Refinitiv data.Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.\"Almost half of the Mac buyers during the quarter were new to the product, and we continue to see strong upgrader activity to Apple Silicon,\" Cook told Reuters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}