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Trick-or-treating? Apple hits file revenue and Fb modifications title


Pleased Halloween! In honor of at the moment, I take poetic license to rejoice Halloween on this column: Apple racks up file treats in 2021 and Fb modifications its title after years of mischief.

Earlier than we discuss this Sunday’s losers and winners, although, I share 5 highlights from NextPit‘s protection of the previous week beneath:

Winner of the week: Apple has the most effective yr in its historical past

Apple missed out on $6 billion in income due to a chip scarcity between July and September 2021, however that did not stop the corporate from having the most effective yr in its historical past, with web revenue of $ 20.55 billion within the final quarter of the fiscal yr, which resulted in September.

In a press launch, Apple reported that the corporate’s income within the interval was a file, reaching $ 83.36 billion, up 28.8% in comparison with the identical interval in 2020. In keeping with the corporate, the end result was pulled by income from merchandise such because the iPhone, which generated revenues of $38.86 billion, up from the $26.44 billion recorded within the year-on-year comparability.

Apple does not disclose unit gross sales of the system, however in line with The Wall Avenue Journal, analysts estimate that Apple delivered a file 238 million iPhones within the final fiscal yr. For fiscal yr 2021 (ending September 2022), that quantity is anticipated to be 233 million.

NextPit Apple iPhone 13 display
Will the iPhone 13 have the identical destiny because the iPhone 12? Be successful! / © NextPit

Loser of the Week: Fb Inc. now goes by Meta

An everyday frequenter of this column, the father or mother firm of companies like Fb, Instagram and WhatsApp modified its title this week. The corporate now goes by the title Meta.

After we noticed Fb concerned in one more scandal revealing how the social community facilitates the unfold of pretend information and endangers the psychological well being of youngsters, Fb CEO Mark Zuckerberg introduced the information final Thursday (28), throughout Fb Join 2021. With this, the father or mother firm Fb Inc. was renamed Meta, making a transparent distinction with the social community Fb.

“Meta” comes from “Metaverse”, an idea of digital universe (3D) with varied ranges of immersion wherein social connections are potential. That is the corporate’s guess for the way forward for the Web. And, in line with Zuckerberg, the title Fb could be limiting the understanding of this digital universe to the social community Fb.

Nevertheless, regardless of the considerably advanced justification, the purpose behind this resolution is a bit of less complicated: to vary the corporate’s picture, continually related to scandals lately. The issue is that the issue shouldn’t be within the title of the corporate, however in choices based mostly on revenue and never on the security of those that use the companies of the now titled Meta.

Mark Zuckerberg and different shareholders of Meta might even need to direct our consideration to a digital universe based mostly on merchandise and software program for Digital and Augmented Actuality as Oculus Quest, however it won’t be so easy to erase the results of Cambridge Analytica or simiral algorithms that increase false info on Fb. The injury has already been executed!

Nonetheless in time, I shut this Sunday’s column by suggesting the Halloween streaming curation made by our group. So, what did you consider this week’s decisions? Share your opinion within the feedback of this text. See you subsequent Sunday!



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