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Apple, Facebook deliver more blockbuster profits for tech ...Middle East
SAN FRANCISCO: Apple and Facebook delivered blockbuster profits on Wednesday in the latest sign of Big Tech's strength as the sector faces scrutiny for its growing dominance during the pandemic.The two Silicon Valley giants reported profits that essentially doubled, with Apple earning more than $23.6 billion and Facebook some $9.5 billion in the first three months of the year.Apple was lifted by strong gains in sales of iPhones and assorted products and services, while Facebook saw robust increases in digital advertising, reflecting people's rising internet usage during the ongoing pandemic.The results followed what one analyst called a "monster" quarter for Google and its parent firm Alphab
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