Expectations for Alphabet’s second-quarter results were extremely high thanks to Twitter and Snap’s results last week, but the company more than delivered. Alphabet’s net income more than doubled in the June quarter to $18.5 billion, a new record, as Google benefited from strong online ad spending by businesses while continuing to pare losses in its cloud computing arm, its most important non-ads...
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The Briefing Apple Entertainment
Apple’s Mac Renaissance
For a company as routinely successful as Apple, continued success can get repetitive. Tonight’s earnings call, for instance, was so full of the usual hyperbole about record revenues that Chief Financial Officer Luca Maestri repeated a segment of his commentary without missing a beat. But within the eye-glazing recitations of Apple’s various records—and, for the TV service, its award nominations...
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