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Industry Focus

Tech: Amazon at $1T

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 31 January 2020

⏱️ 32 minutes

🧾️ Download transcript

Summary

Apple and Amazon both put up stellar earnings results, we break down the numbers for each and explain why the companies in the $1T club can keep growing.

Stocks: AAPL, AMZN, MSFT, GOOG, GOOGL

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Transcript

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0:00.0

Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyphill. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods.

0:19.0

Wild-C-C-C-Gold's. Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:27.2

It's Friday January 31st and we're talking about amazing quarters from Amazon and

0:31.6

Apple. I'm your host Dylan Lewis and I'm joined by Fool.com's Evan New.

0:36.0

Evan, we are both shareholders of Apple and Amazon.

0:40.0

It's kind of fun to see the earnings reports come in from companies that you know, especially when they're good.

0:44.0

Yeah, this was a pretty stellar quarter for Apple. I mean, if a company this big posting numbers, this impressive,

0:51.0

and I mean, it's just a complete blower in every way.

0:54.0

They are one of those companies that seems to defy the law of large numbers, you know, the idea that

0:58.3

growth gets harder and harder the bigger you get because the denominator gets larger and

1:02.4

larger and yet to your point

1:04.2

total revenue up 9% to an all-time record almost 92 billion dollars that's insane.

1:09.8

Right in other words they sold over a billion dollars worth of stuff every single day throughout the

1:14.8

quarter on average which is just kind of incredible to think about.

1:18.0

Yeah you can't really put it in those terms for too many other companies.

1:23.0

Revenue...

1:24.0

Or the only ones you can, or it's like Walmart who sells everything, and then ExxonMobil, which

1:28.2

sells like gas, which you need for your car. Yeah, Apple's in pretty good company there. So record on the

1:36.4

top line with the revenue growth that we saw. Also another record on the

1:40.0

bottom line net income over 20 billion, 22.2 billion or five dollars a share.

...

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