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Transcripts For BBCNEWS Asia 20240704

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

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Transcripts For BBCNEWS Asia 20240704

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

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Transcripts For BBCNEWS Asia 20240704

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

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Transcripts for BBCNEWS Asia Business Report 20240604 00:37:00

Ahead in electric vehicle sales on the mainland, thanks to its lower priced models. as we ve been telling you on the bbc, the bank of england has hiked its key interest rate yet again. this is its 14th back to back increase, and the central bank has warned that borrowing costs will likely stay high for some time. but how will this impact savers? 0ur cost of living correspondent colletta smith met some who could benefit. at 5.25%. .. yes! - interest rates are up and there s plenty of people who are delighted. there s far more savers in the country than there are mortgage payers. we have had some reaction from jeremy hunt. - he s got onejob. ian lives off his pension, but after squirrelling away money his whole working life, he has got a small savings pot tucked away. what impact are those rising rates having for you? thank you! you are rejoicing, then, today? as a saver, for the last ten years, i have had 0.1% on my savings, literally nothing.

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Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

Has hiked its key interest rate yet again. this is its 14th back to back increase, and the central bank has warned that borrowing costs will likely stay high for some time. but how will this impact savers? 0ur cost of living correspondent colletta smith met some who could benefit. at 5.25%. .. yes! - interest rates are up and there s plenty of people who are delighted. there s far more savers in the country than there are mortgage payers. we have had some reaction from jeremy hunt. - he s got onejob. ian lives off his pension, but after squirrelling away money his whole working life, he has got a small savings pot tucked away. what impact are those rising rates having for you? thank you! you are rejoicing, then, today? as a saver, for the last ten years, i have had 0.1% on my savings, literally nothing. it doesn t pay your bus fare. interest rates going up, for me, is manna from heaven and it is about time.

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