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Tag: quarter

Zoom posts big quarter even as subscriber growth slows

Zoom posts big quarter even as subscriber growth slows

Technology
Zoom’s astronomical growth is tapering off along with the pandemicBy MICHAEL LIEDTKE AP Technology WriterMarch 1, 2021, 11:51 PM• 4 min readShare to FacebookShare to TwitterEmail this articleSAN RAMON, Calif. -- Zoom’s astronomical growth is tapering off along with the pandemic, raising questions about whether the videoconferencing service’s immense popularity will fade as more people return to classrooms, offices and other places that have been off limits for the past year.The deceleration emerged in an otherwise impressive quarterly earnings report released Monday. The stellar results capped a year in which Zoom’s name became synonymous with the way millions of people have been forced to gather in online video panels while being corralled at home.Although Zoom continued to enjoy robust g

FA Cup action and draw LIVE: Abraham scores controversial winner for Chelsea at Barnsley, FA Cup quarter final draw in full, Lovren on Salah Liverpool future, Archer England injury – latest sports news and reaction

Sports
[unable to retrieve full-text content]Keep up to date with all the latest sports news and gossip, as well as expert opinion and reaction to all the biggest talking points and live FA Cup action. HEADLINES Danny Ings helped Southampton into the FA Cup quarter finals after a 2-0 win at Wolves. Jofra Archer to miss England’s second Test vs […] talkSPORT
Jeff Bezos to step down as Amazon boss as Christmas quarter sales exceed $100bn

Jeff Bezos to step down as Amazon boss as Christmas quarter sales exceed $100bn

Business
Amazon founder and CEO Jeff Bezos is to step down from running the business as it reported record revenues for its core Christmas quarter, topping $ 100bn for the first time with help from the coronavirus pandemic.The e-commerce, cloud data storage and entertainment giant said Bezos would become executive chair during the summer, with Amazon Web Services chief Andy Jassy assuming the top job. Bezos said the shift would give him more time to concentrate on his other passions, including the fight against climate change, and that the company's latest results demonstrated it was the right time to make the transition. Image: Amazon has benefited from lockdown restrictions in key global markets Amazon recorded total sales of $ 125.6bn (£92b
Shop closures hit record level as ‘golden quarter’ lost to COVID

Shop closures hit record level as ‘golden quarter’ lost to COVID

Business
A record percentage of retail space is lying empty as the coronavirus crisis places intolerable pressure on businesses, according to industry data.The latest BRC-LDC vacancy monitor, which excludes stores forced to shut their doors because of COVID-19 restrictions, found 13.7% of all shops were empty in the final quarter of 2020. Store vacancies had stood at 13.2% in the previous three months to September - a time when the sector had hoped to be in a position to recover lost sales in the run-up to the so-called golden quarter of Christmas. But a renewed tightening of restrictions UK-wide to control the spread of the virus, including lockdowns, since has meant that many retail businesses missed out on the chance to fully cash in.Retail parks fared best with no change at 10% though shopp...

Apple posts big quarter on fast sales start for iPhone 12

Technology
Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in yearsBy MICHAEL LIEDTKE AP Technology WriterJanuary 27, 2021, 10:04 PM• 3 min readSAN RAMON, Calif. -- Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in years.The apparently pent-up demand for four different iPhone 12 models highlighted Apple’s latest quarterly report Wednesday.Apple’s iPhone sales during the October-December period totaled $ 65.6 billion, a 17% increase from the same time in the previous year.Part of the gain reflected pandemic-driven production problems that pushed back the r