Microsoft's revenues for the quarter ending June 30 were $22.6bn, a year-on-year rise of 2 per cent. This figure beat Wall Street's expectations of $22.1bn and drove the company's stocks 4 per cent higher...
But iPhone sales dipped nearly 7 per cent from a year ago
Q3 2020 profit of $10.75 billion is up 22 per cent from the same period last year
The company says the health crisis has slowed production and lowered demand for iPhones
The company posted revenues of $87.4bn for Q4 2019, with AWS up 34 per cent
LIBOR expires in 2021 and banks face an uphill struggle to change all their existing contracts