Revenue and Sales
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After a $439M loss, Peloton’s CEO resigns and the company plans to lay off 2.8K employees and cut $800M in annual costs.
In its Q4 2021 earnings report, Amazon announced they are raising Prime membership fees in the U.S. to cover rising costs.
On the heels of two acquisitions and a strong 2021, The New York times raises their subscriber goal to 15M by the end of 2027.
Despite supply chain constraints, Apple reported record revenue of $123.9B for Q1 FY22, driven by strong device and services revenue.
Microsoft posted strong financials and double-digit increases across the board for its second quarter of fiscal year 2022.
Netflix stock took a 35% hit after the streaming subscription service released its Q4 and full-year 2021 financials last week.
In preliminary Q4 2021 results, fuboTV boasts 1.1 million subscribers and revenue growth in the triple digits, exceeding guidance.
Amazon boasts its third-party sellers had a record-breaking holiday season with more than 130K sellers had more than $100K in sales.
Fintech and infrastructure startup Skio raises $3.7M to help Shopify merchants sell subscriptions.
Amazon boasts record-breaking sales from Black Friday thru Cyber Monday, but does not share revenue numbers.
