Quarter of the Tech firms to pay: Amazon is the winner in the Corona-crisis

submitted to the policy, now the investors: Only a day after a consultation with your Chairman before the us Congress have the technology companies Apple, Amazo

Quarter of the Tech firms to pay: Amazon is the winner in the Corona-crisis

submitted to the policy, now the investors: Only a day after a consultation with your Chairman before the us Congress have the technology companies Apple, Amazon, Facebook and the Alphabet in its quarterly reports. On Thursday, after market close, the published Numbers were mostly better than expected. The Corona-crisis, although some companies have a negative impact, but the companies are overall very robust. The share prices of all four companies have risen since the beginning of the year, in spite of the Corona-crisis and move in the vicinity of all-time highs. Apple announced a stock split in a ratio of one to four. To make the stock according to the company "for a broader base of investors more accessible" – so cheaper. Apple's share cost on Thursday to the close of trading almost 385 dollars. In after-hours trading, the price rose temporarily to five percent. So Apple is far from the most expensive technology value on the stock exchange. An Amazon share costs more than $ 3,000.

Roland Lindner

economic correspondent in New York.

F. A. Z. Twitter

the Online retailer Amazon has cut in the past three months, much better than expected, and the prior three months, the forecast has proved to be much too careful out. At the time, CEO Jeff Bezos had said he expected additional cost of four billion dollars in connection with the pandemic, and this could wipe out the entire operating profit in the second quarter. Instead, Amazon reported a profit from operations of $ 5.8 billion. The net profit has doubled compared to the previous year and amounted to 5.2 billion dollars. The earnings per share came in at 10.30 to the Dollar, analysts had only expected 1.46 dollars. Sales jumped 40 percent, to 88.9 billion dollars, and was also far above expectations. In the first quarter, the growth had been 26 percent. The share price of Amazon rose after trading hours temporarily to five percent.

Amazon share AMAZON.COM INC. DL-,01 -- -- (--) NASDAQ Switzerland otctrade gate London Xetra lang & Schwarz in Frankfurt, Stuttgart, Switzerland, Vienna, Switzerland 1T 1W 3M 1J 3J 5J For detail view

Also, Apple presented in a significantly better condition than expected and a plus in sales of eleven percent reported to 59.7 billion dollars. Analysts had expected 52.3 billion dollars. The group could be this time also for the iPhone, by far the most important product, re-growth to report. Sales of the device rose by two per cent to 26.4 billion dollars. In previous quarters, Apple has reported for the iPhone repeated sales declines. The net profit of Apple in the second quarter increased by twelve percent to $ 11.3 billion, and earnings per share of 2.58 dollars 54 cents better than expected.

Updated Date: 30 July 2020, 21:19

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