Welcome to the Tech Mem Ride Home for Wednesday, July 28th, 2021. I'm Brian McCullough.

Today, Apple reports earnings but warns of component shortages. Microsoft set profit records, but also

also noted shortages materially affected some of its divisions.

Alphabet had good earnings too, but the real story there is

YouTube about the Staff Walkout at Activision Blizzard.

Is Apple asking leakers to snitch on their sources and an interesting raise to do next

generation search on iOS? Here's what you missed today in the world of

tech. Well it's earnings deluge time. Let's start with Apple.

Q3 revenue there was up 36% year over year.

Net income of $21.7 billion was up from $11.2 billion year over year, so nearly doubling.

Services sales of 17.4 billion dollars were up from 13.2 billion dollars a year ago.

Apple's Greater China sales in Q3 were up 58% sales in the Americas grew 33%

paid services subscribers grew to 700 million up 150 million year over year.

Mac and iPad sales broke quarterly records in Q3

with Mac revenue of $8.2 billion,

and iPad revenue of $7.4 billion. They were up 16 and 12% year over year respectively.

Revenue for the Wearables Home and Accessories category which includes the

Apple Watch was 8.8 billion dollars up 36% year over year.

Nearly 75% of watchbuyers were new watchbuyers, according to Apple.

But one big word of warning. Apple said that supply constraints

due to legacy node chip production

will be worse in Q4 than in Q3

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