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
For a mugshot, but he did have his fingerprints taken. His Court Appearance took place just blocks from the us Capitol Building, where the events of january 6th played out. The Special Prosecutor alleges in his indictment that the former president fuelled the attack by Sowing Distrust in the 2020 election. The charges mr trump is facing include conspiracy to defraud the United States and conspiracy to obstruct an official proceeding, namely his attempt to stop the counting of the vote. Protests took place outside the District Court in washington, dc on thursday, as the former president faced the charges inside. Some were anti trump demonstrators, and some were his supporters, who waved the american flag. Before boaring his plane to travel back to newjersey, mr trump spoke briefly to reporters. He described the charges as the persecution of a political opponent. This is a very sad day for america. And it was also very sad driving through washington, dc and seeing the filth and the decay
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
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. you re 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 amazon s biggest earnings reveal since the last quarter of 2020.
I spoke to tech analyst dan ives and he explained why us china tensions have not dented consumer sentiment. i think if you look at the share gains, we estimate about 300 bits of share gains in china from apple, and that s really been the hearts and lungs of the growth story for apple, and i think that is something that we see across big tech earnings, is a lot of fear going into big tech earnings. it s been a lot better than expected. that s a big reason that we have seen that green in the market, in terms of nasdaq. but in terms of apple s revenues, though, from the iphones, mac and ipads, basically all their major products, they were down in this most recent earnings. should that be concerning investors? in my opinion, it is all really about iphones, it is all about the iphone 15. that is to leave the focus going into this next six to nine months, and we estimate when you represent and , upgraded in four years, and that is the key to how the apple growth story plays