Apple, Microsoft, Alphabet & Amazon made fat stacks of cash this quarter, as usual

Quarterly financial results are out for the US$1t+ market cap behemoths - Alphabet, Apple, Amazon and Microsoft. Apple's revenue was down 1% compared to last year, but they hit an "all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions", making up 26% of Apple's overall revenue. Microsoft's net income (i.e: profit) was US$20b, an increase of 20%. PC sales are down, meaning Windows revenue is down. The profit increases came from Office and Azure. Amazon is back to double digit growth, hitting US$134b of revenue and an operating profit of US$7.7% - 70% of which came from AWS alone. Alphabet's also still growing, hitting US$74.6b of revenue and US$21.84b in net income. Like Microsoft and Amazon, a large chunk of that growth is Google Cloud.