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The Handelot Times
Markets

Quick hits: June 2021

Apple and Facebook fly, profits and revenues are boom!

The Handelot Times Issue 25, June 2021 5 min read

AMD, here is the first B450 motherboard produced in russia

GS Group Holding and Philax began manufacturing the first motherboard based on AMD’s B450 chipset made in Russia. Specifically, Philax plans to distribute at least 40,000 pieces on the Russian market. The company specifically chose the B450M Pro4 for the ability to add a TPM module, a very important feature for government agencies.

However, the partnership between GS Group Holding and Philax doesn’t stop just at motherboards. The two companies also plan to produce up to 50,000 monitors. In addition, there is an 18-month project to design and market motherboards for Elbrus and Baikal processors, chips designed in-house in Russia.

Apple and Facebook fly, profits and revenues are boom!

The quarterly reports beyond expectations: Apple and Facebook fly to Wall Street after quarterly above analysts’ expectations, which overshadow the tensions between Tim Cook and Mark Zuckerberg on privacy. Cupertino’s profit more than doubled in the first three months of the year to $ 23.6 billion on revenues up sharply to $ 89.6 billion.

“The quarter reflects how our products have helped consumers at this time in their lives, but also the optimism that there are better days ahead of us,” said Tim Cook, Apple’s CEO.

The rest of this article is in the magazine Continue in issue 25

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