Therese Poletti's Tech Tales: The Grinch may steal holiday cheer from these consumer tech companies


The Grinch is expected to steal some holiday cheer for several consumer-focused tech companies, in what is normally their strongest quarter.

This earnings season, investors were surprised by some grim forecasts of slower growth from a range of tech companies with big consumer businesses: Apple Inc. AAPL, Etsy Inc. ETSY, Airbnb Inc. ABNB, eBay Inc. EBAY and Amazon.com Inc. AMZN. Each of these companies, with the exception of Airbnb, usually posts their biggest revenue of the year in the December quarter, fueled largely by…



Source link

About The Author

Scroll to Top