Antitrust Hearing Highlights, Apple’s Q3 Earnings, and Our Favorite Task Apps

AppleInsider Podcast

AppleInsider

Ipad, Apple Tv, Mac, Imac, Apple Watch, Ios, Macbook, Mac Pro, Iphone, Tech News, Macos, Technology, News, Apple

4.3 • 1.3K Ratings

🗓️ 31 July 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple surpassed Wall Street’s predictions during their third quarter earnings call, Tim Cook testified during the U.S. House antitrust hearing, CES goes all digital, and we feature our favorite task apps. We’d love to hear your feedback! If you have questions you’d like answered on the show or comment, tweet at Stephen Robles and William Gallagher, or email us here. Find us in your favorite podcast player by searching for "AppleInsider" and support the show by leaving a 5-Star rating and comment in Apple Podcasts here. Sponsored by: ExpressVPN - AppleInsider listeners can get three extra months when you sign up for a year of service! Get the most secure and fastest VPN service today. Links from the Show Notes of interest from Apple's third quarter 2020 earnings report Apple CEO Tim Cook testifies in U.S. House antitrust hearing Apple CEO Tim Cook speaks on Hey, parental control apps during antitrust hearing Apple halved Amazon's App Store fee to get Prime Video on iOS and Apple TV inessential: I Got Teed Off and Went on a Long Rant About This Opinion Piece on the App Store Apple updates Apple Store app with new 'For You' tab, iPhone comparisons CES 2021 cancelled over COVID-19 concerns, all-digital experience coming Apple's 'iPhone 12' and new iPads rumored to debut in October, 5G iPhone potentially delayed Jon Prosser's Tweet Things for Mac, iPad and iPhone Omnifocus Task Management Due Task App Todoist Task App Those interested in sponsoring the show can reach out to us at: advertising@appleinsider.comSponsored By:ExpressVPN: AppleInsider listeners can get three extra months when you sign up for a year of service! Get the most secure and fastest VPN service today.Support AppleInsider Podcast

Transcript

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0:00.0	Hello and welcome to the Apple Insider Podcast this is your host
0:08.1	Stephen Robles and joining me this week from across the pond William
0:12.0	William. Thanks for joining me, William.
0:14.0	That's low.
0:15.0	Really good to be back saying hi and all these things going on, aren't they?
0:18.0	Oh my goodness, you know, usually the summer after W.W. D.C. is a quieter time in the news but no such thing this year. So much going on. And so let's jump into it. On Thursday of this week, Apple had its earnings call for the third quarter of 2020 and Apple beat Wall Street
0:35.7	estimates with a revenue of $59.7 billion for the third quarter of 2020.
0:43.0	That overall revenue is up 11% year over year from quarter 3 of 2019.
0:49.0	So pretty incredible performance there.
0:52.0	Apple also announced that there will be a four for one stock split happening on August 24th of this year.
0:58.0	The last time this happened was six years ago and that was a seven for one split so August 24th
1:04.0	four for one stock split. Apple also said that it has achieved the goal of
1:08.5	doubling its services revenue that goal was set in 2016 and they beat that by six months.
1:15.0	Apple TV Plus also had 95 award nominations with 25 wins.
1:20.0	Tim Cook said that their two-year effort to migrate to Apple Silicon is on track.
1:24.6	Apple also said that it's September products, which again the rumors we are hearing,
1:28.5	might be the iPhone 12 and new iPads, will be available a few weeks later than usual.
1:34.4	But overall an incredibly strong quarter for Apple, again beating Wall Street estimates,
1:38.9	check out the article and show notes and all the coverage on Apple Insider.com for more about the earnings call.
1:45.4	Wednesday of this week there was the antitrust hearing that happened here in the United States
1:50.8	where four of the big tech CEOs namely Tim Cook, Jeff
1:55.8	Bezos, Mark Zuckerberg, and Sundar Pichai all had to testify via Webex apparently in front of a congressional hearing and they were basically being asked about, again antitrust, but about competition, privacy, asked a bunch of questions, all four of these CEOs, again that's the CEO of
	...

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