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Author Archives: Bloomberg

Apple Holiday Forecast Misses on IPhone Demand; Shares Fall

Posted on November 2, 2018 by Bloomberg

In the fiscal fourth quarter, iPhone unit sales barely grew from a year earlier, even though new flagship iPhones came out in the period. That was a disappointment, considering there were no big iPhone launches in the same period last year. Continue reading Apple Holiday Forecast Misses on IPhone Demand; Shares Fall→

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Facebook Gives Away AI Tools Used to Improve Video, Messenger

Posted on November 1, 2018 by Bloomberg

Facebook Inc. will allow anyone to freely download and use the same artificial intelligence tools it used to make key improvements to the social network’s video and notification features as well as its Messenger messaging app. The software, which Faceb… Continue reading Facebook Gives Away AI Tools Used to Improve Video, Messenger→

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Microsoft Is Said to Pick Xilinx for Half of Azure Servers

Posted on October 31, 2018 by Bloomberg

Azure will use Xilinx chips as co-processors in more than half of its servers, winning business that has been an exclusive for Intel’s Altera unit. Co-processors are chips that accelerate some functions to relieve the main processor in a server. Continue reading Microsoft Is Said to Pick Xilinx for Half of Azure Servers→

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Apple Revamps IPad With IPhone Features in Tablet Revival

Posted on October 30, 2018 by Bloomberg

While the tablet market is contracting overall, the iPad has been slowly regaining momentum thanks to new software and lower-priced models, but also because competitors like Amazon.com Inc. and Samsung Electronics Co. haven’t wowed the market lately. Continue reading Apple Revamps IPad With IPhone Features in Tablet Revival→

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IBM's Rometty Stakes Legacy on Risky $33 Billion Red Hat Deal

Posted on October 30, 2018 by Bloomberg

Red Hat will improve IBM profit margins, and gets the company further into an emerging part of the business known as hybrid cloud. But some analysts say the deal won’t make IBM a dominant player in the public cloud. Continue reading IBM's Rometty Stakes Legacy on Risky $33 Billion Red Hat Deal→

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Apple Revamps MacBook Air Laptop for First Time in Eight Years

Posted on October 30, 2018 by Bloomberg

The revamp of the some of the most popular products in the Mac line comes on the heels of new devices from Alphabet Inc.’s Google and Microsoft Corp. Apple also launched new iPads on Tuesday, showing the company continues to spread its bets with gadget… Continue reading Apple Revamps MacBook Air Laptop for First Time in Eight Years→

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IBM Pursues Amazon Into Cloud

Posted on October 29, 2018 by Bloomberg

The Red Hat deal represents an admission by IBM that in-house growth wasn’t going to be enough to keep the company from falling permanently behind in a market that is growing in importance and size. Continue reading IBM Pursues Amazon Into Cloud→

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IBM to Buy Red Hat for $33 Billion in Biggest-Ever Acquisition

Posted on October 29, 2018 by Bloomberg

Acquiring Red Hat makes IBM “a credible player in cloud now — both private and hybrid cloud,” Bloomberg Intelligence analyst Anurag Rana said. “This gives them an asset that looks forward and not backwards.” Continue reading IBM to Buy Red Hat for $33 Billion in Biggest-Ever Acquisition→

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Alphabet Revenue Misses Estimates as Partner Payments Rise

Posted on October 26, 2018 by Bloomberg

Google Cloud Chief Executive Officer Diane Greene has been aggressively pursuing new corporate customers, but the business still lags behind Amazon Web Services and Microsoft Corp.’s Azure. The company’s “other revenue” bucket, which includes cloud, ha… Continue reading Alphabet Revenue Misses Estimates as Partner Payments Rise→

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Amazon Sales, Revenue Forecast Miss Estimates; Shares Decline

Posted on October 26, 2018 by Bloomberg

The company showed slowing revenue growth in all categories quarter over quarter, including online sales and subscription sales, Amazon Web Services sales and its fast-growing advertising business. Continue reading Amazon Sales, Revenue Forecast Miss Estimates; Shares Decline→

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