Big Tech Earnings Surge While U.S. Sees Record-Worst Quarter

The video discusses the impact of the COVID-19 pandemic on delivery services and tech companies. Amazon saw a 41% increase in sales, while tech giants like Google and Facebook experienced varied financial outcomes. Google's ad revenue declined, whereas Facebook's profits rose despite an ad boycott. Apple's revenue slightly increased due to strong digital services, offsetting store closures. The video highlights the adaptability of digital advertising and the resilience of tech companies during economic challenges.

What was the percentage increase in Amazon's sales during the COVID-19 pandemic?

• 30%

• 60%

• 41%

• 50%

Which company's ad revenue was significantly affected during the pandemic?

• Apple

• Facebook

• Amazon

• Google

How did Facebook's Q2 earnings compare to the previous quarter?

• They increased by $2 billion

• They remained the same

• They increased by $1 billion

• They decreased by $1 billion

What was one of the reasons Apple managed to maintain its revenue during the pandemic?

• Reducing product prices

• Increased hardware sales

• Strong digital services sales

• Opening new stores

What was the revenue of Apple's digital services in Q2?

• It decreased slightly

• It was lower than Q1

• It remained constant

• It set an all-time record