Discussion

• @dee_bosa Deirdre Bosa on x

  Great wrap of big tech earnings & their “bonkers dollars” via @ShiraOvide “The dictionary doesn't have enough superlatives to describe what's happening to the five biggest technology companies” https://www.nytimes.com/...

• @shiraovide Shira Ovide on x

  Words failed me to explain the BANANAS status of the Big Five. Tech giants aren't making bonkers dollars in spite of the pandemic. They have grown stronger *because* of the pandemic. It's both logical and slightly nuts. https://www.nytimes.com/...

• @shiraovide Shira Ovide on x

  I cannot explain how wild all these numbers are. There is a pandemic. The U.S. economy contracted last year. It was no sure thing that big tech companies would do fine. {NARRATOR's VOICE: THEY DID VERY FINE.} https://www.nytimes.com/... https://twitter.com/...

• @pierce David Pierce on x

  The five most important companies in tech (the FAAAM) reported earnings up 41% this quarter. That's insane, and there's reason to think they're just going to keep growing https://www.protocol.com/... https://twitter.com/...

• @loudmouthjulia Julia Alexander on x

  Amazon's market cap grew by $860 billion since the beginning of 2020 (https://www.nytimes.com/...) and its drivers are peeing in bottles to avoid infractions on their records or getting fired. (https://theintercept.com/...) lol, what a broken world.

• @asymco Horace Dediu on x

  There are over 660 million paid subscriptions across the services on Apple platforms, up 145 million since last year. Rate of growth was 30 million/quarter for 3 years. 35 million/quarter for 1 year. It is now 40 million/quarter. 1 billion subs likely in 2023.

• @jesselehrich Jesse Lehrich on x

  the big 5 tech companies' annual revenue is now roughly equivalent to the GDP of Mexico. https://www.nytimes.com/...

• @protocol @protocol on x

  Three of the four biggest names in tech have reported earnings so far this week. Takeaways so far: - The ad business is no longer a two-company race - Everyone's nervous about the chip shortage - Facebook is terrified of Apple's privacy changes changeschanges

• @shiraovide Shira Ovide on x

  One bonkers stat out of many possible bonkers stats: In less than a week, the Big Five generate more sales than McDonald's does in a year. https://www.nytimes.com/...

• @fmanjoo Farhad Manjoo on x

  Apple has been really firing on all cylinders lately as folks say. latest iOS is maybe the perfect OS. The M chip is a revelation. Airpods continue to be wonderful. I have rarely been as satisfied with tech as with recent apple stuff.

• @jeffjarvis Jeff Jarvis on x

  It takes awhile to get to the point: “Big Tech's pandemic big bucks have an understandable root cause: We needed its services.” Yes. And imagine if we had had to endure the pandemic without the net. https://www.nytimes.com/...

• @shiraovide Shira Ovide on x

  Amazon's market cap grew BY ALMOST A FACEBOOK ($860 billion) just since the beginning of 2020.

• @asymco Horace Dediu on x

  The last time Apple showed >100% growth in any of these line items was 9 years ago, Q1 2012 iPad growth. https://twitter.com/...

• @trengriffin Tren Griffin on x

  1/ “Facebook's U.S. revenue accounts for almost half its total.” How much of Facebook's productivity isn't included in US GDP? https://www.protocol.com/... https://twitter.com/...

• @trengriffin Tren Griffin on x

  Why should it be surprising that businesses which sell a greater proportion of digital services (i.e.,more bits than atoms) are accelerating their sales given that an already powerful transition to a cloud software driven economy was pulled dramatically forward? https://twitter.c…

• @sarthakgh Sar Haribhakti on x

  Apple's iPhone sales are greater than Microsoft's total revenue in the last quarter Half of people buying iPads and Macs are new users of those products More paid subscriptions to services than 3x Netflix base Nuts https://twitter.com/...

• @asymco Horace Dediu on x

  Apple has collected $2.5 trillion in revenues in the last 15 years.