Apple And Amazon Report Record Profits For Q4 2019. When Will ‘Profit Shaming’ Start?

Both Apple and Amazon have earned record profits in the fourth quarter of 2019. Propelled by sales of the iPhone 11, Apple reported an all-time record in revenues and profits. Revenues topped at $91.8 billion and profits at $22.3 billion. And propelled by Christmas sales, amazon revenues have risen to $87.4 billion over the last…

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