quarterly

The global cloud market just saw one of its biggest ever quarterly growth spurts

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The global cloud market just saw one of its biggest ever quarterly growth spurts

New data from Synergy Research Group has revealed a significant surge in cloud infrastructure service spend, with Q1 2024 not only setting a new high but also sending year-on-year growth rates on an upward trajectory. The firm’s report revealed global cloud spend surpassed $76 billion during the first three months of 2024, marking a substantial … Read more

Apple quarterly revenue drops but results beat analysts expectations

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Apple quarterly revenue drops but results beat analysts expectations

Apple’s revenue slump continues, but it’s not as bad as Wall Street expected. Photo: Ospan Ali/Unsplash License/Modified by Cult of Mac Apple saw its revenue drop 4% year over year in the first quarter. The only real bright spot is that revenue and earnings dropped less than analysts had expected. As a result, shares of … Read more