Markets

These 4 charts show the staggering scale of Europe’s ‘shocking’ economic disaster during the coronavirus pandemic

The eurozone’s private sector economy nosedived in April, with surveys from the region’s four largest powers shrinking to record lows far worse than those seen during the 2008 financial crisis. Reflecting the impact of ongoing restrictions to non-essential economic activities across the euro-region, both service and manufacturing activity levels contracted […]
These 4 charts show the staggering scale of Europe’s ‘shocking’ economic disaster during the coronavirus pandemic
Tech

Apple says Apple Care and ads will take the biggest hits this coming quarter

Apple expects that Apple Care and its ad business will take a hit during its next quarter. That’s according to the tech giant’s CFO, Luca Maestri, who was speaking during the company’s fiscal second-quarter earnings call to investors Thursday. Maestri said “the overall economic weakness and the uncertainty on when […]
Apple says Apple Care and ads will take the biggest hits this coming quarter
Markets

‘A taste of things to come’: Italian services activity plunges to 11-year low as national lockdown weighs

Italy’s services activity contracted sharply in March, signalling the national lockdown is hammering the nation’s economy. IHS Markit’s Purchasing Managers’ Index (PMI) for the services sector shrank from 52.1 in February to just 17.4 in March, a record 34.7 point slide. The services downturn reflects emergency measures and shutdowns intended […]
‘A taste of things to come’: Italian services activity plunges to 11-year low as national lockdown weighs
News

Best Buy expands Apple repair service program to every US store

Apple said on Wednesday its customers can now get their products repaired at every location of Best Buy‘s almost 1,000 stores around the US. This is due to an expanded partnership between the retailer and the tech giant. Best Buy’s nearly 1,000 locations dwarf’s Apple’s 270-store footprint, providing many more […]
Best Buy expands Apple repair service program to every US store
Markets

There’s a hidden gem in Apple’s earnings — and it isn’t its services

Coverage of Apple’s second-quarter earnings has focused on lower iPhone sales, strong growth in services and accessories, and the company’s bullish revenue forecast. The tech giant’s hidden gem was the iPad with sales growth of 22% in the period, the biggest increase in six years. iPad revenues returned to growth […]
There’s a hidden gem in Apple’s earnings — and it isn’t its services
Lifestyle

5 things your post office can do for you besides sending mail

The USPS offers a number of services beyond just shipping and receiving mail. At your local post office, you can apply for a passport, get a money order, and buy boxes. The USPS also sells items like a $US360 messenger bag. Everyone knows that the post office specialises in mail […]
5 things your post office can do for you besides sending mail
Markets

Apple slides after telling suppliers to slash production by 20%

Apple reportedly told suppliers it would need 20% fewer iPhone components for the second half of the year. The stock sank more than 2% following the report from Nikkei Asian Review. Follow Apple’s stock price in real-time here. Shares of Apple slid more than 2% in early trading Friday after […]
Apple slides after telling suppliers to slash production by 20%
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