| 29 April 2021
Having delivered a massive last quarter of 2020, Apple has way surpassed its own and Wall Street’s calculations in the first three months of 2021.
IIN
In the fiscal 2021 second quarter ended 27 March, the CE giant posted revenue records in each of its geographic segments and strong double-digit growth in each of its product categories, driving the installed base of active devices to an all-time high. Overall quarterly revenues were $89.6 billion, up 54% year-on-year. International sales accounted for 67% of the quarter’s total revenue. Net income for the quarter was $23.630 billion, more than double that of a year ago. Revenues broke down to $72.683 billion of product sales and $16.901 billion of services. These represented rises of a staggering 61.64% and 26.61% respectively compared with the same period in 2020 and clearly show the effect of the launch of the iPhone 12 in the autumn of 2020. Indeed, Apple revealed that in the quarter it made
| 29 April 2021
In a bid to help media and entertainment firms reinvent how they create content, optimise media supply chains, and compete for audience attention across streaming, broadcast, and direct-to-consumer platform, Amazon has introduced AWS Media & Entertainment.
The initiative features new and existing services and solutions from AWS and AWS Partners, built specifically for content creators, rights holders, producers, broadcasters, and distributors. It is said to align the most purpose-built capabilities of any cloud against five solution areas to help customers – such as Netflix, FORMULA 1, Discovery and Disney who AWS says use the cloud to pioneer new ways to entertain launch new streaming services, expanding content catalogues and introduce new viewing experiences.