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Stockwatch: Facebook and Apple See Bumper Revenues

Name: Stockwatch: Facebook and Apple See Bumper Revenues
Uploaded: 2021-04-29
Channel: David Kindley
Description: So now it is the turn of Facebook’s and Apple’s earnings as both companies capped off a remarkable week on the earnings calendar.Apple’s profit was up to $23.6bn thanks to a surge in iPhone sales, especially in China. This led to a doubling of p

By David Kindley Last updated Jan 21, 2026 483 0

So now it is the turn of Facebook’s and Apple’s earnings as both companies capped off a remarkable week on the earnings calendar.

Apple’s profit was up to $23.6bn thanks to a surge in iPhone sales, especially in China. This led to a doubling of profits since the start of the pandemic.

Facebook, also saw bumper revenues and profits in Q1. The time spent by people at home, and the spending power that shifted online, turned into revenues of over $26bn.

Timestamps

Facebook FB 02:30
Apple APPL 04:00

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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