To nine months. And that is the key to how the Apple Growth Story Plays Out Stop , plays out. Interestingly, the other servers went up also what are the other services . Overall Services Continue to be strong, a key part of apple growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, i think app store, if you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. Meanwhile, Retail Giant Amazon has reported a quarterly profit that smashed market expectations. For 02, that came in at 6. 7 billion, eclipsing forecasts. In fact, this was amazons biggest earnings reveal since the last quarter of 2020. My colleague Michelle Fleury with more. Amazons results show its firing on all cylinders. It turned in a strong Online Retail performance and registered higher sales at its Cloud Computing business. Revenue for the Second Quarter rose ii . Investors
You represent and upgraded in four years, upgraded infouryears, and thatis upgraded infouryears, and that is the key to how the apple growth story plays out stop plays out. Plays out. Interestingly, the other plays out. Interestingly, the other servers plays out. Interestingly, the other servers went plays out. Interestingly, the other servers went up | plays out. Interestingly, i the other servers went up also what are the other services . 0verall Services Continue to be strong, a key part of apple plasma growth story, and really thatis plasma growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, ithink have, going into this next year, cloud, i think app store. If you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. I want to ask you about apples plan for artificial intelligence, because the company has said it wanted to grade its own
Out stop , plays out. Interestingly, the other servers went up also what are the other services . Overall Services Continue to be strong, a key part of apple growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, i think app store, if you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. Meanwhile, Retail Giant Amazon has reported a quarterly profit that smashed Market Expectations for q2. That came in at 6. 7 billion, eclipsing forecasts. In fact, this was amazons biggest earnings reveal since the last quarter of 2020. My colleague Michelle Fleury with more. Amazons results show its firing on all cylinders. It turned in a strong Online Retail performance and registered higher sales at its Cloud Computing business. Revenue for the Second Quarter rose ii . Investors liked what they heard. Shares in the seattle based company, already up 50
of this fiscal year. the news comes as pressure mounts from an activist investor who s been critical of the company, including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall and lost subscribers over that. but because each subscriber is paying more for the service, its average revenue per user went up. disney plus is streaming offerings include espn plus the focus of a lot of attention this week. the company announced earlier this week that it s partnering with fox and warner brothers discovery to launch a new sports streaming operation with espn this year. and ceo bob iger said wednesday that the company is taking a $1.5 billion stake in epic games. it s disney s biggest move in the game space, yet. another focus of attention, disney and politics again after a very public, multi year spat with and lawsuit against florida governor ron desantis, who accused the company of being l
some trading restrictions put on the market three days ago. we had a situation already where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. days of holidays coming up after tomorrow. , ., ., after tomorrow. yes. so what do ou think after tomorrow. yes. so what do you think the after tomorrow. yes. so what do you think the reaction after tomorrow. yes. so what do you think the reaction from - after tomorrow. yes. so what do you think the reaction from the l you think the reaction from the chinese government is going to be then to these numbers that are worst than expected? i think because of the holiday period, they may be buying themselves a few days to think about what to do