f an intense congressional hearing a day earlier.
Apple profits rose eight percent to $11.2 billion and revenues were up 11 percent to $59.7 billion in the three months ending June 27. Amazon meanwhile said profits nearly doubled to $5.2 billion on sales that climbed 40 percent to $88.9 billion. Revenue rose 11 percent to $18.7 billion, suggesting minimal impact from an ad boycott of the leading social network over its handling of hateful content and misinformation.
Profit slumped some 30 percent to $6.96 billion from a year for the online giant that relies on digital advertising for most of its income.
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