Apple, Alphabet, Amazon Reported Results. Here’s How They Fared: DealBook Briefing

  • 6 years ago
Apple, Alphabet, Amazon Reported Results. Here’s How They Fared: DealBook Briefing
• $60 billion to $62 billion — Apple’s revenue guidance for the current quarter, well below analysts’ expectations of $65.9 billion.
• $60.5 billion — Amazon’s revenue in the quarter, up 38 percent and above analysts’ estimates of $59.8 billion.
That year Saudi Arabia poured $3.5 billion into Uber,
and its Public Investment Fund put $45 billion into SoftBank’s $100 billion Vision Fund, which is making eye-popping investments in tech companies.
It isn’t clear how setting up tech hubs could fundamentally transform an oil company into a tech company — and therefore command a higher multiple —
but it’d be interesting to see bankers make that argument.
• $32.32 billion — The search giant’s revenue for the quarter, up 27 percent from same period a year ago.

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