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The Best One Yet

“Apple’s pizza is waaaay too big” — Apple’s 4-1 stock split. P&G stole Sysco's sales. Amazon’s record.

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.69.8K Ratings

🗓️ 31 July 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Fresh after hitting Capitol Hill, the Tech Big 4 announced earnings reports (they were epic). We’re focused on Apple’s 5 profit puppies and Amazon’s double-double. Then Procter & Gamble sneaked in with its best quarter in 14 years because one company’s loss is another’s gain. And P&G has tons of MBAs.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0

This is Nick.

0:02.0

This is Jack.

0:03.0

And this is Snacks daily.

0:04.6

It is Friday, July 31st.

0:06.6

Nick, we just heard from the Commerce Department, great department.

0:09.7

One of every $10 normally spent in the U.S. economy vanished last quarter.

0:15.2

One of our top five departments, biggest decline in GDP since hands across America.

0:20.9

It's actually the worst one by over three times the previous worst.

0:24.8

But honestly, that was all news.

0:26.7

We all knew last quarter was brutal for the economy.

0:29.1

So forget the GDP, let's focus on these three stories.

0:31.7

They happen to be TBOY the best one yet.

0:34.1

For our first story, yes, we have a brutal recession and yes, we have a brutal global

0:38.1

pandemic.

0:39.1

But Apple still had its best second quarter ever.

0:42.6

But the stock split is what got all the attention.

0:45.2

You can force slices of Applejack.

0:47.0

For our second story, proctoring gamble products probably make up like 30% of your last grocery

0:52.5

store.

0:53.5

So a company that's stuffed with MBAs and settled in Cincinnati loves that you're spending

0:57.9

more time at home.

0:58.9

For our third and final story, Amazon stock price is double what it was last year because

...

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