Big Tech delivers strong profits amid pandemic, political scrutiny
Published
San Francisco (AFP) Oct 30, 2020
Big Tech powerhouses Thursday delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power. Profits were up for Facebook, Amazon and Google-parent Alphabet, while Apple saw a modest dip in earnings on weakness in iPhone sales. The results - showing a combined profit of $38 billion for the four companies - h