WSJ Tech News Briefing TNB Tech Minute: Amazon Reports 13% Jump in Revenue
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Oct 30, 2025 Katie Pizzolatto, Vice President at IBM Quantum Platform, shares insights on the exciting potential of quantum computing, highlighting unforeseen applications that could transform various industries. Julie Chang discusses Amazon's impressive 13% revenue growth, driven by retail and AWS momentum, and reveals Apple's record September-quarter sales thanks to iPhone 17 demand and robust services. Lastly, the ongoing fee negotiations between YouTube TV and Disney could impact viewer access to Disney channels.
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Quantum's Unseen Future And Practical Targets
- Katie Pizzolatto recalled early computing's unpredictable path to highlight quantum's unknown applications.
- She cited potential impact areas like drug development, materials discovery, and optimization.
Amazon's Strong Quarter Fueled By AWS
- Amazon reported a 39% rise in net profit and $21.2 billion for the quarter.
- AWS revenue grew 20%, its fastest pace since 2022, driving investor optimism.
Apple Hits Record September Quarter
- Apple posted a record September quarter with $102.5 billion in revenue, up about 8% year-over-year.
- Services surpassed $100 billion for the fiscal year, highlighting recurring-revenue strength.