Apple, Alphabet and Microsoft reaped almost $1bn a week in profits in latest quarterly announcements. At $56.8bn, the total was almost double the year before and 30 per cent more than investors had predicted.
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Zoom’s stunning year, riding on the back of the Covid exodus to the world’s kitchen tables and spare bedrooms, has seen Zoom earnings skyrocket. Yet amid the eye boggling $67bn valuation this hugely successful company now sits at a crossroads.
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