Four tech companies with a combined market value of $5 trillion — Alphabet, Amazon, Apple and Facebook — reported their latest earnings after the market closed on Thursday. The DealBook newsletter compiled some of the big numbers in the filings:
$64.7 billion: Apple’s revenue rose just 1 percent, but that beat expectations as analysts were expecting a decline because of the delayed release of the new iPhone. Sales of services helped cover the shortfall.
197 percent: Amazon’s quarterly profit nearly tripled, to $6.3 billion. Bonus stat: The company also added almost 250,000 employees in the period, surpassing more than a million workers for the first time.
2.54 billion: The number of people using one or more apps in Facebook’s family — Instagram, WhatsApp, Messenger and its core app — rose 15 percent.
$5 billion: Advertising revenue at Google’s YouTube unit set a record, rising 30 percent, bolstered by stay-at-home viewing.
— Jason Karaian The New York Times
