Apple announced financial results for its fiscal 2021 second quarter ended March 27, 2021, posting a March quarter record revenue of $89.6 billion, up 54 percent year over year, and quarterly earnings per diluted share of $1.40. International sales accounted for 67 percent of the quarter’s revenue.
AEVI and Mastercard Payment Gateway Services (MPGS) are to use their combined technologies and reach to simplify the omnichannel shopping experience. AEVI integrates payments and data across all customer channels by providing an open platform that is both device and solution independent.
When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”
BlackBerry reported reported a $315-million loss and missed quarterly revenue estimates for its fourth-quarter. Quarterly revenue for the company, which reports its results in U.S. currency, was $210 million, down from $282 million a year earlier.
Huawei has obtained a Chinese nonbanking payment license, giving the company a foothold in a fintech sector dominated by Tencent and Ant Group as those firms grapple with regulators.
BlackBerry has agreed to stop adjusting its revenue after receiving a comment letter from the Securities and Exchange Commission (SEC) questioning the practice.
BlackBerry will report results for the fourth quarter of fiscal year 2021 at 5:30 p.m. ET on Tuesday, March 30, 2021. The conference call can be accessed by dialling +1 (877) 682-6267 or live-streamed on the Company's website.
Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding MoU) to develop a biometric card that features a built-in fingerprint scanner.
The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson will be held on Tuesday, March 30, 2021. Due to the COVID-19 pandemic, the Board of Directors has decided that the Annual General Meeting of shareholders 2021 will be conducted without the physical presence of shareholders, representatives and third parties.
BlackBerry has been downgraded by stock analysts at Canaccord Genuity from a "hold" rating to a "sell" rating. , Michael Walkley from Canaccord downgraded BlackBerry with a price target of $10.00.
A federal judge has tentatively declined a Robinhood app user’s bid to block the online brokerage firm from restricting purchases of certain stocks and from manipulating the price of shares.