Apple today announced financial results for its fiscal 2019 fourth quarter ended September 28, 2019. The Company posted quarterly revenue of $64 billion, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent. International sales accounted for 60 percent of the quarter’s revenue.
Huawei has reported a double-digit gain in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. During the first three quarters of this year, Huawei generated CNY610.8 billion in revenue, an increase of 24.4% year-on-year. The company's net profit margin in this period was 8.7%.
Samsung today announced that in partnership with Mobeewave, the company will deploy NFC-enabled contactless payment acceptance on mobile devices worldwide starting October 15, 2019.
PayPal announced Friday that it will no longer be part of Facebook’s Libra cryptocurrency project. The company said that while it is quitting the Libra Association it remains "supportive of Libra's aspirations," and that the firm will continue to work with Facebook in the future.
PayPal announced Friday that it will no longer be part of Facebook’s Libra cryptocurrency project. The company said that while it is quitting the Libra Association it remains "supportive of Libra's aspirations," and that the firm will continue to work with Facebook in the future.
US law firms are investigating concerns whether BlackBerry and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
BlackBerry Reported Fiscal 2020 Second Quarter Results Tuesday, reporting a net loss of $44 million in the quarter ended Aug. 31, compared to a profit of $43 million a year previous. Total revenue rose about 16% to $244 million.
BlackBerry will report results for the second quarter of fiscal year 2020 at 8 a.m. ET on Tuesday, September 24, 2019. BlackBerry’s share price climbed with the rest of the market over the first few months of the year but the stock has trailed off since, sliding below $10.00 CAD per share.
Apple Card is available in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone and start using it right away with Apple Pay in stores, in apps and on websites.
The Financial Conduct Authority (FCA) has agreed a plan that gives the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA).
Monzo has advised almost half a million customers to change their cards pin number after uncovering a potential security flaw. The digital bank said it had incorrectly stored around 480,000 customer pins where they could be accessed by internal engineers.
Huawei's sales revenue rose 23.2 percent year on year to 401.3 billion yuan (about 58.3 billion U.S. dollars) in the first half of 2019, according to the company's semiannual report.
