Big tech’s 2021 earnings were off the chart

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Tech companies had their biggest year ever in 2021.

It’s not just the big-name tech companies notching record results, though. Snap posted its first-ever net profit and beat growth forecasts. AMD had its best year ever, with a $16 billion in revenue for 68 percent year-over-year growth.

Apple, on the other hand, rode to success on the strength of the same bets that have carried it through the past decade: people really like iPhones, and the company is extremely good at working with suppliers and manufacturing partners, something that Ivesas “a major statement on iPhone / services demand and Cupertino’s ability to navigate a supply-chain shortage in almost Teflon-like fashion.

 

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😲

'lets blame inflation for raising our prices and increasing our margin to be larger then ever before' Some CEO probably.

No fucking shit lmao

Please stop sharing these multiple times

They should increase spending to eliminate poverty and increase spending for research and development programs as well

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