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July 30, 2020, 9:50 PM
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| Apple: |
Apple reports Q3 revenue of $59.7B, up 11% YoY, of which $46.5B came from products, $13.1B from services, and net income of $11.2B; stock up 5%+ after hours — Revenue up 11 percent and EPS up 18 percent to new June quarter records — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020.
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Philip Elmer‑DeWitt, Bloomberg, Philip Elmer‑DeWitt, SiliconANGLE, 9to5Mac, Macworld, The Hill, Axios, iMore, CNET, AppleInsider, Ubergizmo, The Verge, MacRumors, Six Colors, iPhone in Canada Blog, CNBC, iDownloadBlog.com, Neowin, Digital Trends, Engadget, iPhone Hacks, MacDailyNews, and MSPoweruser
| Stephen Nellis / Reuters: |
Apple Q3: iPhone sales of $26.42B, up 1.66% YoY and beating expectations of $22.37B, Greater China sales of $9.33B, up from $9.16B YoY — (Reuters) - Apple Inc (AAPL.O) on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography …
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CNBC, CNET, BetaNews, TechCrunch, AppleInsider, Nikkei Asian Review, Android Authority, Appleosophy, MacRumors, and AppleInsider
Tweets: @somospostpc, @onlyyoontv, @caro_milanesi, @neilcybart, and @arjunkharpal
| Ina Fried / Axios: |
Apple confirms new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments — Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past …
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Engadget, 9to5Mac, Axios, The Verge, VentureBeat, CNET, AppleInsider, CNBC, and TechRadar. Tweets: @axios
| Todd Haselton / CNBC: |
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AppleInsider, AppleInsider, CNBC, 9to5Mac, and Yahoo Finance
Tweets: @mgsiegler, @marketrebels, @asymco, and @eddyelfenbein
| Steve Kovach / CNBC: |
A trove of 1M+ documents from the House antitrust panel builds a far better antitrust case against the tech giants than anything the CEOs said under questioning — - Wednesday's Big Tech hearing provided almost no new information or insight into potential antitrust activity by Apple, Amazon, Facebook and Google.
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The Verge, MacRumors, 9to5Mac, Gizmodo, Bloomberg, Ars Technica, and Android Headlines
Tweets: @alecstapp, @caseynewton, @housejudiciary, @karissabe, @markgurman, @backlon, and @mattrosoff
| Juli Clover / MacRumors: |
Emails between Eddy Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions — Apple once considered taking a 40 percent cut from some subscription apps, according to documents shared today by the House Judiciary Committee (via Bloomberg).
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iFixit News, The Verge, CNBC, Trusted Reviews, MacRumors, and VentureBeat
Tweets: @markgurman and @dhh
| Chance Miller / 9to5Mac: |
Internal emails from 2010 show how an Amazon ad prompted Steve Jobs and Phil Schiller to block in-app purchases of Kindle books on iOS — As part of the House Judiciary Committee's antitrust probe into Apple, lawmakers have released a variety of internal emails from Apple.
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AppleInsider, The Verge, Axios, iDownloadBlog.com, The Streamable, and Neowin
Tweets: @caro_milanesi, @hallstephenj, @dhh, and @gartenberg
| Alphabet: |
Alphabet reports Q2 revenue of $38.3B, down 2% YoY, net income of $6.96B, down from $9.9B YoY, Other Bets operating loss grew to $1.1B — MOUNTAIN VIEW, Calif. - July 30, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2020.
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Android Police, The Hill, 9to5Google, PYMNTS.com, Input, Bloomberg, AlphaStreet, Investor's Business Daily, SDxCentral, MSPoweruser, and Android Central
Tweets: @j_k9, @loudmouthjulia, @loudmouthjulia, @techledes, @mhbergen, @ericjackson, and @alfredoyigal
| Jennifer Elias / CNBC: |
Alphabet reported its first revenue decline in its history due, in part, to COVID-19 and a maturing ad market — - Google parent-company Alphabet reported its first revenue decline in history. — The company beat most expectations with the exception of its Cloud division.| Geoffrey Fowler / Washington Post: |
An overview of attempts by tech CEOs to obfuscate and minimize during the hearing, claiming their companies are not that big and data remains under user control — No, Google, we're not really in control of our data. And yes, Facebook, you profit from harmful information.
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The Guardian, The Markup, Crunchbase News, Vox, and CNBC
| Kevin Roose / New York Times: |
The hearing at times felt like gaslighting, with the CEOs trying to convince lawmakers that the evidence the House collected wasn't really evidence of anything — It is less clear that tech executives' strategy of evasive answers will continue to work now that lawmakers have begun doing their homework.| Robin Givhan / Washington Post: |
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The Verge, Wall Street Journal, Telegraph, TheStreet, The Interface, and Wired
Tweets: @levie, @robingivhan, @robingivhan, and @ron_fournier
| Alex Sherman / CNBC: |
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VICE, AdExchanger, Engadget, and Adweek
| Facebook: |
Facebook Q2: $18.68B revenue, up 11% YoY, net income $5.18B, up 98% YoY, as DAUs rise 12% YoY to 1.79B, MAUs rise 12% YoY to 2.7B; stock up 6%+ after hours — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2020.
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AdExchanger, The Hill, Los Angeles Times, Wall Street Journal, Yahoo Finance, The Information, Financial Times, Benzinga, The Week, Fast Company, Fortune, Digital Trends, and Billboard
Tweets: @lfdodds, @jgreenblattadl, @theregister, @b_fung, @sarthakgh, @cnbcnow, @sarahfrier, @mikeisaac, and @alexeheath
| Casey Newton / The Verge: |
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CNET, CNBC, CNN, Reuters, New York Times, ZDNet, Reuters, Bloomberg, Axios, Silicon Valley Business …, Al Jazeera, Business Insider, MarketWatch, Wccftech, Engadget, Social Media Today, and Deadline
Tweets: @reutersbiz, @kurtwagner8, @marketrebels, @lorakolodny, @lexnfx, @dhh, @loudmouthjulia, @rmac18, @tonyromm, @kurtwagner8, @karissabe, @levynews, @sarahfrier, @turnernovak, and @lexnfx
| Salvador Rodriguez / CNBC: |
| Amazon.com: |
Amazon reports Q2 revenue of $88.91B, up 40% YoY, net income of $5.2B, up from $2.5B in Q1 2019, and AWS revenue of $10.81B, up 29%; stock up 5%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.
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GeekWire, CNBC, The Verge, Vox, GeekWire, The Hill, CNET, Financial Times, ZDNet, NPR, Barron's Online, Forbes, New York Post, Yahoo Finance, MarketWatch, MobileSyrup, AlphaStreet, WWD, TheStreet, Variety, Wccftech, Engadget, and Deadline
| Bloomberg: |
Tim Cook says Apple pushed back the time period that US employees would come back to the office until early 2021 — Apple Inc. Chief Executive Officer Tim Cook said the company has pushed back a plan to return to its U.S. offices. — “We've kicked the time period that U.S. employees … | Bloomberg: |
More:
MacRumors, Los Angeles Times, and 9to5Mac
Tweets: @markgurman, @neilcybart, @mims, @tomwarren, @bleedsixcolors, and @chancehmiller
| Abner Li / 9to5Google: |
Google teases the launch of a phone on August 3, presumed to be its budget phone Pixel 4a — While thoroughly leaked, Google has stayed quiet about when to expect its next mid-range phone. That's changing today with a “lorem ipsum” tease for what is most likely the Pixel 4a.
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The Verge, CNBC, CNET, Android Headlines, Game Rant, TechRadar, PCWorld, XDA Developers, Chrome Unboxed, and Android Police
| Wall Street Journal: |
Sources: Affirm, a point-of-sale lender for e-commerce, is in early stage preparations for an IPO that would value the company at as much as $10B — Point-of-sale lender is working with Goldman Sachs in early-stage discussions of a potential listing — Affirm Inc. is laying the groundwork …
Tweets: @cararlombardo and @wsjmarkets
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