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James Corden leaving late-night show Posted: 01 May 2022 01:48 AM PDT JAMES Corden said he will be bowing out of his late-night CBS TV show next year, calling it a "good time to move on and see what else might be out there."Corden announced his decision during the taping of Thursday's "The Late Late Show," (Friday, PH time)which he began hosting in 2015."When I started this journey, it was always going to be just that. It was going to be a journey, an adventure. I never saw it as my final destination, you know?" he said. "And I never want this show to overstay its welcome in any way. I always want to love making it."Corden, who didn't offer details on what course his career might take next, said the late-night show "has changed my life. ... I am so proud of what we've achieved. It's been beyond my wildest, wildest dreams."He'll remain with the show for another year, he said, promising that it will "go out with a bang" and, he predicted, with "so many tears."In a statement, CBS President and chief executive officer George Cheeks lauded Corden for taking "huge creative and comedic swings," including the "Carpool Karaoke" videos in which Corden and pop stars including Adele and Paul McCartney performed sing-alongs on the road.Corden's contract was to expire this August, but the London-born actor and writer extended the agreement for another season. He will leave the show that airs weeknights at 12:37 a.m. Eastern in spring 2023."We wish he could stay longer, but we are very proud he made CBS his American home and that this partnership will extend one more season on 'The Late Late Show,'" Cheeks said.The network had no further comment, including on who might replace Corden. The show's previous host was Craig Ferguson.Corden was considered an unlikely pick when he was named host of "The Late Late Show." He starred in the British sitcom "Gavin & Stacey" and was a Tony Award winner in 2012 for his Broadway performance in "One Man, Two Guvnors," but wasn't widely known by U.S. viewers."Carpool Karaoke" and other comedy segments including "Crosswalk the Musical" proved popular online, building Corden and the show's reach beyond its broadcast home.He has foreshadowed his decision, including in a December 2020 podcast episode of "Smartless." Corden said he had "an overwhelming feeling that my family has walked to the beat of my drum for a very long time."Corden said he didn't have an end date for the show in mind and that it would "always be a bigger family decision than a professional one. It will be about people who we miss very very much who we are homesick for." (AP)

Apple delivers strong quarter, but warns of trouble ahead Posted: 01 May 2022 01:31 AM PDT APPLE on Thursday, April 28, 2022, reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen. The company said it's still struggling to get enough chips to meet demand and contending with Covid-related shutdowns at factories in China that make iPhones and other products.Although initial results for the January-March period topped analysts' projections, the good news was quickly eclipsed when management warned of trouble ahead during a conference call.The main takeaway: Apple's sales will be squeezed by the supply problems much harder in the current April-June quarter than in its previous one. The company estimated it would take a hit to revenue of US$4 billion to $8 billion as a result."It will affect most of the product categories," Apple chief executive officer Tim Cook told analysts.Apple's stock price fell four percent in extended trading, reversing a positive response after the Apple report initially came out. Before the sobering forecast lowered the shares even further, Apple's stock had fallen 10 percent from its peak in early January."It was a solid quarter, but it looks like Covid has reared its ugly head," said Edward Jones analyst Logan Purk. "It looks like it's two steps forward, one step back."Like a wide gamut of companies ranging from automakers to health care providers, Apple has been grappling with shortages of computer chips and other key technology components required in modern products.Apple had expected the crunch to ease as this year progressed, but recent Covid outbreaks are starting to curtail production in Chinese factories that the company relies on.Despite those headwinds, the results for the January-March period drew a picture of a still-expanding empire generating massive profits that have yielded the firm a $2.7 trillion market value -- the largest among US companies.Apple announced a five percent increase in its quarterly dividend, which has been steadily rising since the company revived the payment a decade ago. Effective May 12, Apple's new quarterly dividend will stand at 23 cents per share -- more than doubling from 10 years ago.Even without that supply issues, Apple would still be facing some of the same challenges confronting many other major technology companies. After enjoying a pandemic-driven boom, it's becoming tougher to deliver the same levels of spectacular growth that drove tech-company stock prices to record highs. The crisis continues to fade away and growth on a year-to-year basis has become harder to maintain. (AP)

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