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Here's your TNB Tech Minute for Thursday, May 1st. I'm Victoria Craig for the Wall Street Journal.

After the bell this afternoon, Apple said sales last quarter jumped 5% to $95 billion,

as demand surged due to uncertainty around President Trump's tariff policy and the release

of the lower-end iPhone 16E model. Apple also said a majority of its devices shipped into the

U.S. in the June quarter will originate in India and Vietnam. It's a move to allay investor concerns

about how tariffs would crimp the company's profits. The results come a day after a federal judge

through the book at Apple for, quote, willfully choosing not to comply

with a 2021 court ruling. It required the company to allow users to use alternative payment

methods for services and subscriptions outside the app store. The judge also took the unusual

step of referring the matter to federal prosecutors for a criminal contempt investigation.

An Apple spokeswoman said the company would comply with the order, but that it disagrees with

the decision and will appeal. Also on the earnings front, Amazon reported strong results that

were not affected by new U.S. tariffs on Chinese imports, but the company did add tariffs and trade policies to the

list of factors that subject its forward-looking statements to substantial uncertainty.

The e-commerce giant said revenue jumped 9% last quarter and that it booked a profit of $17.1 billion.

Both results topped Wall Street expectations.

Meanwhile, Amazon this week also said it plans to put

$4 billion toward expanding its delivery network in small American towns. The company estimates

100,000 new jobs will come as a result. By next year, Amazon expects the size of that network to

...