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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's AI features will have a big impact but it's going to take time: TECHnalysis ResearchBob O’Donnell, president and chief analyst at TECHnalysis Research, speaks to CNBC's Dan Murphy about the Apple iPhone 16 launch.
Persons: Bob O’Donnell, CNBC's Dan Murphy Organizations: TECHnalysis Research, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe profitability challenges for streaming aren't going away: TECHnalysis Research's Bob O'DonnellBob O’Donnell, TECHnalysis Research president and chief analyst, joins 'Squawk Box' to discuss the tentative deal reached by the WGA and Hollywood studios to end the strike, the impact on media stocks, and more.
Persons: TECHnalysis, Bob O'Donnell Bob O’Donnell Organizations: TECHnalysis, WGA, Hollywood
The company forecast revenue in its main segments for the current quarter would match or top Wall Street targets. Those results and Microsoft's helped boost shares of Amazon.com Inc (AMZN.O), another major cloud operator, 4.8% in after hours trading. Microsoft revenue rose 7% to $52.9 billion in the quarter ended March, inching past analyst estimates of $51.02 billion, according to Refinitiv. The bulk of Microsoft sales still come from selling software and cloud computing services to customers. The sales drop in the segment was less severe than analysts expected, with Microsoft reporting revenue of $13.3 billion versus analyst estimates of $12.19 billion, according to Refinitiv data.
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