Thursday, August 1st, 2019

Apple Reports on its Q3 Results
News Release

The technology company reported on its fiscal third quarter for 2019.

The company stated that it reached revenues of $53.8 billion for the quarter, which was an increase of 1 percent from the year-ago quarter.

Apple highlights that the revenue was driven from a record in services, wearable, and iPad, Mac, and iPhone sales.

Spotify Reports on its Q2 Performance
News Release

The streaming service announced its second-quarter performance results.

Highlights include 232 Monthly active users, which according to the company represents 29% year-over-year growth.

The company also stated that it has 108 million subscribers, which represents year-over-year growth of 31%.

J.C. Penney Announces a New VP of Stores
Press Release

The retail company announced that Jim DePaul will lead the company in improving omnichannel and in-store operations.

DePaul will be tasked with helping transform the J.C. Penney shopping experience to help grow store traffic, customer retention, and engagement.

He will oversee the company’s stores, store operations, asset protection, store design, and environment teams.