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Here Are the Internal Documents that Prove Uber Is a Money Loser

Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question:… » 8/05/15 1:43pm 8/05/15 1:43pm

Apple Is the Biggest Smartphone Company In the World

Having already bested the rest of the mobile industry in profits and revenue, Apple has finally snatched the #1 spot by volume, making it the biggest smartphone producer in the world for the first time. Apple shipped 20.3 million iPhones in the 2nd quarter, while former #1 Nokia dropped 34 percent to 16.7 million in… » 7/21/11 10:50am 7/21/11 10:50am

All Those Unlocked iPhones May Be Costing Apple $300 Million

Both Fortune and Marketwatch are saying that all the unlocked iPhones, which make up about a third of the total phones sold, may be costing Apple $300 million in future revenue kickbacks from cellphone providers. And if Apple doesn't stop the unlocking madness, what's the incentive for a provider to pony up that… » 1/28/08 5:00pm 1/28/08 5:00pm