US tech titans stumble after pandemic boom

By Agence France-Presse

Jul 30, 2022 12:07 am

SAN FRANCISCO, California: Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.

A crowded period of quarterly financial releases from the world's biggest tech firms has been marred by misses and uncertainty — making it clear that the boom triggered by Covid-19 restrictions on getting about has tipped toward downturn.

HURDLING OBSTACLES This file photo shows people walking past an Apple Store in New York on Aug. 2, 2018. XINHUA PHOTO

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