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
From 5 to 5. 25 . And for the first time, its suggested that rates will stay higher for longer in an attempt to drive down stubborn inflation the rising cost of goods and services by reducing the amount of money we have to spend. Although todays increase means Borrowing Costs are at their highest level since 2008, it follows an era of unprecedented low rates. In previous decades, rates were much higher we can see here that in the 1980s rates got up to 18 before gradually falling. The bank today cut its forecast for economic growth, though it said the uk will avoid a recession. In a moment, well hearfrom savers, as well as families trying to cope with increasing costs, but first, heres our Chief Economics correspondent dharshini david. From cafe says customers may resist rate as higher mortgage and rent payments bite, to Estate Agents grappling with a sagging housing market, the hit from Interest Rates is clear. But for a very small minority, that impact is Life Changing. Minority, that
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
It doesn t pay your bus fare. interest rates going up, for me, is manna from heaven and it is about time. if you are looking to make the most of your savings at the moment, then do take a look at the bbc news website tackling it together pages. there s lots of useful information and advice. you re unlikely to get the best deals from the big high street names at the moment, so look around at the smaller banks and building societies, often offering much more in interest, particularly if you can lock away your money for a fixed period of time. but across the pennines in north yorkshire, scott and sarah are not feeling any of the benefits of those higher interest rates. we are obviously living closer to the threshold than we ever have done before because of the price of things. as parents of two small boys, they both work full time, building up savings to fall back on, but that all changed in january. we had a gas leak, so we had to get a new hob for our kitchen. and then a couple of weeks