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Square’s bets beyond a register brought in $253M last year as it posts a largely positive fourth quarter
Square posted a largely successful fourth quarter that showed continuing growth with its Cash App — with users spending around $90 million on its Cash card in December, putting it on a potentially $1 billion run rate. That would offer another significant avenue for Square to snap up additional customers as it looks to chip…
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Apple’s $1T dreams are on hold as it misses on iPhone sales in the holiday quarter
Apple’s dream of becoming a $1 trillion company will have to wait — at least for a little while. But while iPhone sales this year were about flat (down about 1% to be exact), revenue from the iPhone rose 13% year-over-year. That means Apple is finding ways to get more revenue out of the same…
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Alphabet is tumbling after a fourth quarter whiff and names John Hennessy as new board chair
Google parent company Alphabet’s big run over the past few months came to a screeching halt today after it came out with its fourth-quarter results, which fell beneath expectations set by Wall Street for the advertising giant — sending the stock down around 5 percent and shaving off billions in market cap. While Google owns…
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Google Play hit record 19 billion+ downloads in Q4 2017, its highest quarter ever
Smartphone adoption in emerging markets just delivered the highest number of app downloads Google Play has ever seen in a quarter. According to today’s report from App Annie, Google Play app downloads topped 19 billion in Q4 2017, a new record. That also makes Google Play’s download lead over iOS its largest ever, at 145…