Apple and Amazon shine but Alphabet disappoints in Q4 results

Hindered by diversification efforts

Laura Dew
 Amazon reported Q4 sales of $60.5bn

Amazon reported Q4 sales of $60.5bn

Apple and Amazon both reported record quarterly sales in the fourth quarter of 2017 but high costs at Google parent Alphabet meant the group failed to meet analysts' expectations.

In its quarterly results, Apple said it sold fewer phones during the quarter but this was compensated for by the higher prices charged with latest model Apple X retailing at $1,000. The number of models...

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