[ad_1] Whatever the causes, the Semi delay was a setback in a first quarter that was otherwise upbeat for Tesla. It continued a streak of year-over-year surges in revenue ($5.98 billion) and profit ($1.23 billion). Deliveries didn’t reach the record high from the fall, but the 88,496 cars that reached customers were a distinct improvement […]
Category: q1 2020
Spotify users are flocking to ‘chill’ playlists during COVID-19
[ad_1] And Spotify’s big-budget gamble on podcasts and podcasting appears to be paying dividends in the new normal we find ourselves in. Almost a fifth of Spotify’s users engage with podcasts on the platform, of which there are now more than 1 million shows on the service. And, most importantly, more than 60 percent of […]
Netflix memberships grew in Q1 as coronavirus lockdowns spread
[ad_1] The effect of the coronavirus pandemic and stay-at-home orders meant to slow its spread have impacted businesses differently, but for Netflix it means more people are streaming than ever. In its Q1 2020 earnings report (PDF), the company said membership growth spiked as lockdowns spread, but also predicted that as the orders are lifted […]
PC shipments see their largest drop in four years due to COVID-19
[ad_1] Many suspected PC shipments would take a hit from the COVID-19 pandemic, but now it’s clearer as to what the damage was. Canalys estimates that computer shipments fell a steep 8 percent year-over-year in the first quarter of 2020 as Chinese factories stayed shut for a while after the Lunar New Year. Intel chip […]