Neowin News Feed for: Revenue

Anthropic surpasses OpenAI in both revenue and valuation

Pradeep Viswanathan — Thu, 28 May 2026 19:20:01 +0000

Anthropic's run-rate revenue crossed the $47 billion mark earlier this month, a 50% increase in just seven weeks, fueled by enterprise adoption worldwide. Read more...

Reddit CEO Steve Huffman calls site conversations the fuel for AI bots

Paul Hill — Fri, 01 May 2026 09:50:01 +0000

While tech giants spend billions on hardware, Reddit is profiting by licensing its "actual intelligence." Here is how the platform is winning the AI race. Read more...

OpenAI CFO defends spending: Revenue triples to $20B alongside compute growth

Pradeep Viswanathan — Mon, 19 Jan 2026 06:16:01 +0000

OpenAI CFO Sarah Friar addressed concerns regarding the company's massive infrastructure spending, revealing that revenue has grown roughly 10x. Read more...

Tailwind lays off 75% employees as AI kills majority of its revenue

Usama Jawad — Thu, 08 Jan 2026 10:00:01 +0000

Tailwind CSS is a very popular framework among web developers, but the company has had to lay off most of its workforce after AI ate into its revenue. Read more...

As memory crisis continues, Samsung expects record profit in latest quarter

Usama Jawad — Thu, 08 Jan 2026 09:04:01 +0000

Samsung is expected to post a record-breaking quarter soon, with the latest guidance indicating almost 20 trillion Korean won in operating profit. Read more...

NVIDIA hits record revenue amid fears of an AI bubble

Paul Hill — Thu, 20 Nov 2025 07:26:01 +0000

Despite fears that artificial intelligence has created a tech stock bubble, NVIDIA has recorded revenues and is looking to beat again in the next quarter. Read more...

39% of Nvidia's Q2 revenue comes from just two mystery customers

Usama Jawad — Sun, 31 Aug 2025 08:56:01 +0000

A new SEC filing indicates that 39% of Nvidia's $46.7 billion revenue in the latest quarter comes from just two unidentified customers. Read more...

After 15 years of secrecy, Microsoft unveils Azure's actual revenue

Pradeep Viswanathan — Thu, 31 Jul 2025 03:36:01 +0000

In the 15 years since its launch, Microsoft has never disclosed Azure's standalone revenue. Today, Microsoft has disclosed Azure's standalone revenue for the first time. Read more...

Acer's June revenue jumps 49.7% with strong commercial PC and Chromebook growth

Paul Hill — Wed, 09 Jul 2025 12:36:01 +0000

Acer has released its consolidated revenues for June 2025 and some data for the first half of the year. it suggests that businesses are buying hardware ready for the Windows 10 end of life. Read more...

Apple Services revenue reach historic high, future in jeopardy after court order

Pradeep Viswanathan — Fri, 02 May 2025 00:28:01 +0000

While the installed base hit a record high, potential challenges loom from a recent court ruling and estimated $900 million in costs due to tariffs. Read more...

Spotify thinks that white noise podcasters are making too much money, starts crackdown

Karthik Mudaliar — Mon, 04 Sep 2023 14:18:01 +0000

Spotify is cracking down on white noise podcasters as they will no longer be eligible for its Ambassador Ads program where it used to pay creators for talking about its podcasting platform. Read more...

Mark Zuckerberg hails "good quarter" for Meta, revenues up 11%

Paul Hill — Wed, 26 Jul 2023 22:08:01 +0000

Meta has released its second-quarter earnings report. It has seen an increase in revenues, an increase in users, and expects its third-quarter revenues to grow even higher to $32-34.5 billion. Read more...

Amazon stock price is up 4.61 percent at close after a robust quarter

Paul Hill — Thu, 27 Apr 2023 22:16:02 +0000

Amazon has continued to increase its net sales in the first quarter despite a poorer economic backdrop. Year-over-year, the company is also seeing better figures and expects this to continue into Q2. Read more...

Meta reports revenues of $28.65 billion, up 3% year-over-year

Paul Hill — Thu, 27 Apr 2023 01:58:01 +0000

Meta has reported year-over-year growth in revenue for the first quarter of 2023. This is despite the worsening economic outlook. Investors have responded positively with the stock up after hours. Read more...

Despite short-term challenges, semiconductor industry poised for growth in 2024

Paul Hill — Wed, 26 Apr 2023 19:34:01 +0000

Semiconductor revenues are expected to fall by 11% this year down to $532 billion. It comes as business demand for electronics has weakened due to the worsening economic conditions. Read more...

Foxconn revenue plunges due to low electronics demand globally

Karthik Mudaliar — Mon, 06 Mar 2023 06:14:02 +0000

Foxconn has reported that its revenue fell by 11.65% compared to the same period last year due to low demand of electronic products worldwide, and also due to manufacturing disruptions in China. Read more...

Apple takes 85% of the profit pie, outperforms struggling smartphone market in 2022

Karthik Mudaliar — Fri, 03 Feb 2023 10:20:01 +0000

Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research. Read more...

Microsoft Weekly: Declining revenues, new Windows 11 issues, and Edge updates

Usama Jawad — Sat, 28 Jan 2023 21:58:01 +0000

Our latest edition of Microsoft Weekly unpacks news about Microsoft's declining revenues in consumer categories, some Windows 11 updates, bugs, and fixes, and a bunch of app enhancements. Read more...

IBM beats revenue expectations, to let go of 3,900 employees

Justin Luna — Thu, 26 Jan 2023 07:36:01 +0000

IBM will lay off about 3,900 of its employees, equivalent to about 1.5% of the company's workforce. The tech firm will spend about $300 million to pay for the severance of eliminated staff. Read more...

Microsoft posts $52.7 billion revenue in latest quarter with weak Xbox and Windows results

Usama Jawad — Wed, 25 Jan 2023 08:42:01 +0000

Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows. Read more...

Thanks to Apple, TSMC's November revenue soars by more than 50% yoy

Karthik Mudaliar — Fri, 09 Dec 2022 15:22:01 +0000

TSMC, a contract chipmaker, reported that its November revenue totaled 222.71 billion Taiwan dollars ($7.27 billion), representing a 50.2% year-over-year increase with Apple being a major contributor. Read more...

Short-term semiconductor revenue estimates have worsened, says Gartner

Paul Hill — Tue, 29 Nov 2022 01:48:02 +0000

Gartner has downgraded its semiconductor revenue growth estimate for next year. The analyst has earlier predicted higher growth, but now revenue will fall by 3.6% in the coming year. Read more...

NVIDIA lost a billion dollars which AMD may have picked up from gaming GPU sales

Alap Naik Desai — Mon, 08 Aug 2022 22:06:01 +0000

NVIDIA reported $2.04 billion in gaming revenue for the first half of 2022, down from the $3.06 billion it made in 2021. AMD, on the other hand, managed to increase its revenue from gaming. Read more...

Microsoft posts strong quarter but blames global conditions for some financial results

Usama Jawad — Wed, 27 Jul 2022 07:46:01 +0000

Microsoft has published a strong quarter for its latest quarter (FY22 Q4) yet again. However, it has blamed global and macroeconomic factors for certain unfavorable financial results. Read more...

Netflix lost 'just' a million subscribers and is on track to recovery, suggests report

Alap Naik Desai — Tue, 19 Jul 2022 22:04:02 +0000

Netflix confirmed it lost about a million subscribers in Q2 2022. But the streaming service also gained a million new members in the same quarter. Its share prices have jumped and so has its revenue. Read more...

Netflix is considering charging $2.99 per additional home to curb password-sharing

Usama Jawad — Tue, 19 Jul 2022 09:08:01 +0000

Netflix is testing a new subscription model designed to discourage password-sharing without returning extra revenue to the company. Users can set additional streaming homes for $2.99/month. Read more...

Meta extends the date for creators' revenue cuts

Anushe Fawaz — Tue, 21 Jun 2022 18:42:01 +0000

Content creators can enjoy relief on revenues for another year with Meta's new policy. Revenue cuts on subscriptions etc will now be from 2024. More monetizable features have been introduced too. Read more...

Microsoft posts strong quarter with $49.4 billion in revenue thanks to cloud and Windows

Usama Jawad — Tue, 26 Apr 2022 23:44:01 +0000

Microsoft has reported an exceptionally strong quarter with a revenue of $49.4 billion and a net income of $16.7 billion. This was due to growth across practically all of its business segments. Read more...

Instagram removes the lowest daily limit to boost user interaction with the app

Paul Hill — Tue, 22 Feb 2022 01:10:01 +0000

Instagram has increased the lowest daily limit to 30 minutes. Prior, you could set the app usage limit to 15 minutes but that option is no longer available. The move should help bolster revenues. Read more...

The lifeblood of the internet - digital ads - set to see revenue reach $460 billion by 2024

Paul Hill — Fri, 21 Jan 2022 18:48:01 +0000

Statista has predicted that digital ad revenues will increase from $356 billion to $460 billion by 2024. The growth will be down to growing internet use and a growth in digital platforms. Read more...

Acer reports its best December in nine years with consolidated revenues at $1.066 billion

Paul Hill — Fri, 07 Jan 2022 13:34:01 +0000

Acer has announced that it had one of its best Decembers in almost a decade after seeing consolidated revenues in the month reach $1.066 billion. Yearly revenues reached $11.51 billion. Read more...

Microsoft Weekly: Windows 11 SE, Defender and Loop leaks, and .NET Hot Reload backlash

Usama Jawad — Sat, 30 Oct 2021 17:16:01 +0000

In this week, we learned about some of Microsoft's unannounced projects such as Windows 11 SE, new Defender and Loop apps, and a Surface laptop. There were also some tensions with the .NET community. Read more...

Microsoft reports $45.3 billion in revenue, Windows and cloud on the rise as Surface struggles

Usama Jawad — Wed, 27 Oct 2021 03:58:01 +0000

Microsoft has reported a strong first quarter of its 2022 fiscal year with a revenue of $45.3 billion. It demonstrated strong growth in cloud offerings and Windows while Surface continued to decline. Read more...

Twitter has begun testing ads in replies

Usama Jawad — Thu, 14 Oct 2021 11:20:01 +0000

A Twitter representative has said that the company is testing the insertion of ads in replies to tweets. It's possible that this experience will be opt-in and creators will receive an ad revenue cut. Read more...

Dr. Mario World is shutting down in November, just two years after launch

Usama Jawad — Wed, 28 Jul 2021 16:00:01 +0000

Nintendo has announced that it is shutting down Dr. Mario World in November, just a little over two years after the game's launch. The title was reportedly doing poorly in terms of revenue. Read more...

Apple reports $81.4 billion in quarterly sales, hardware and services on the rise

Usama Jawad — Wed, 28 Jul 2021 06:04:01 +0000

Apple has reported strong results for FY21 Q3 in terms of net sales, net income, and gross margins. Services hit an all-time high while hardware sales exhibited growth across the board as well. Read more...

Microsoft Weekly: More money for PC game devs, an update fix, and a very strong quarter

Florin Bodnarescu — Sun, 02 May 2021 12:42:02 +0000

The last seven days have brought a very impressive earnings report from Microsoft, an increase of the cut for PC game devs, and a fix for a faulty Windows update. Be sure to catch up via our overview. Read more...

Samsung records highest-ever revenues in Q3 2020 led by strong demand for its smartphones

Rajesh Pandey — Thu, 29 Oct 2020 05:52:01 +0000

Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics. Read more...

Google offering Samsung lucrative deal to drop Bixby and Galaxy Apps store from its devices

Rajesh Pandey — Wed, 29 Jul 2020 08:40:01 +0000

Google is looking to offer Samsung a lucrative deal so that the Korean company drops Bixby and Galaxy Apps store from its devices and instead prominently highlights Google's apps and services. Read more...

Huawei slashes Indian revenue target by half, laying off 60-70% of the staff

Usman Khan Lodhi — Mon, 27 Jul 2020 10:20:01 +0000

Huawei has cut its Indian revenue target by roughly 50%. Additionally, the firm will lay off 60-70% of its staff in the country, excluding those in research and development and Global Service Centre. Read more...