What’s going on? Foxconn (Taiwanese electronics giant) released a surprising pleasant quarterly yoy growth of 30% yoy, while reducing future sales forcast. What does this mean? Foxconn is the world’s largest manufacturer of electronic equipment for other companies, including iPhones for Apple. Strong demand for smartphones and other consumer gadgets helped its profit surge beyond…
Tag: streaming
Ep 102: Spotify Scrapped
What’s Going On Here? Spotify wrapped up last year with disappointing fourth-quarter earnings, something unbelievable for the streaming giant. What Does This Mean? Spotify added 11 million paying customers in Q4/2019, beating investors’ expectations and bringing the total number of subscribers to 124 million – more than double its closest rival. But it’s been spending big…
with HT 