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

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

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage increase in sales did Amazon experience during the COVID-19 pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much revenue did Google's parent company generate in the quarter mentioned?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did companies face regarding digital ad revenues during Q2?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the financial results for Facebook in Q2 compared to the previous quarter?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to Apple's revenue performance during the pandemic?

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