Wednesday, August 3, 2022

Apple's secrecy around its Services revenue, up 12% YoY in Q3 but down from a 25% average in the four previous quarters, shows why investors need more insight (Martin Peers/Bloomberg)

Martin Peers / Bloomberg:
Apple's secrecy around its Services revenue, up 12% YoY in Q3 but down from a 25% average in the four previous quarters, shows why investors need more insight  —  Analyzing Apple's earnings can, on occasion, feel like looking at a jigsaw puzzle with some of the pieces missing.



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Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, after announcing plans to invest $1B+ in Thailand (Kimberley Kao/Wall Street Journal)

Kimberley Kao / Wall Street Journal : Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2...