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Well break down the numbers later, we are closing out our series on the cannabis craze with a deep dive into green thumb. We start off with a big developing story at apple as that stock hits a fresh alltime high epic gains after apple removes fortnite from the app store. Epic blasting apple. Take a look. We shall prevail. Lets get more on this developing story jewuli julia . Epic is taking legal action after apple after apple removed fortnite from the app store. Emmick posting this individ g epic posting this video with the hashtag free fortnite. Apple saying that epic has benefitted from the App Store Ecosystem for a decade saying their business interests now lead them to push for a special arrangement and not change the facts these guidelines could level the Playing Field for all developers and make the store safe for all users epic says it isnt seeking monetary compens ....
Moves. Deirdre bosa is standing by. First to josh lipton with more on amds quarter josh reporter i caught up with rbcs mitch steeves, an amd bull he calls this a monster beat and raise, nothing negative in the print. Mitch says that he can see full raise to 32 growth, up from 25 growth. Gross margins also expected to expand thats due to the continued strength in server chips mitch saying amd clearly gaining share on intel just talking more about the report and the guidance. Calling for about 2. 55 billion, better than expected, closer to 2. 3 billion they expect 22 revenue to grow 32 . They call out strength in pc gaming and data center products. As for the two big segments in the quarter computing and graphics, 1. 37 billion that would include chips for pcs and graphics chips for gaming. That is the enterprise embedded and semicustom division, better than expected. 565 million that includes chips for the data center and also chips for game consoles and, by the way, tomorrow morning mu ....
Permeate. It has largely been driven by the concern that we dont have a handle on the virus and we dont have a handle on a solution for this difficult situation we are now seeing involving washington. It doesnt seem to be at the moment a landing zone for the democrats and the republicans. They are significantly far apart. The fact that you heard such partisan briefing suggests we are no closer. Thender at some point markets will have to shift from focusing on the dollar to shifting to other Asset Classes as well. That has been something we have been watching very carefully over the last few days. We have been watching carefully what has been happening in europe. Offpean equities are sold because of the resurgence in the virus count. That doesnt make sense if you believe that we are going to see a story developing in the United States. We will try to get an assessment of what is ....
Everything else not having the best of days pete, i come to you first. You get the first crack at this. The bar was high and they got over it. They did. Youre obviously talking about apple. And amazon and facebook that was high for the whole entire group, pete theres no doubt about it facebook being probably one of the ones watched most closely, i think. When it comes down to apple, the reason that stands out is they had a record q3. You look across every part of their business model, their eco system and it phenomenal the growth is there. The double digit growth is there. I think the big surprise coming in iphone because people were looking at a number far less. The real key is service, not only the growth but look at that revenue. Add that with wearables and you get almost to 20 billion youre getting the other side of the equation and far better margins. Thats why i think apple still has plenty of room to the upper side because they have room in the wearables, the services. The servi ....