Apple CEO Says Pandemic Hurt IPhones, Helped Macs

The transcript covers discussions with Apple CEO Tim Cook about Apple's record June quarter, the impact of the pandemic on product sales, and the company's future outlook. Cook highlights the positive performance of iPads and Macs due to remote work trends, while iPhone and wearables face challenges. The transcript also touches on antitrust regulation and Apple's defense of the App Store. Additionally, Alphabet's CFO Ruth Porat discusses the fragile macroeconomic environment affecting their earnings, contrasting with Facebook's unexpected resilience despite an ad boycott. Regulatory scrutiny on tech giants like Google is also addressed.

What was Ruth Porat's perspective on the current macroeconomic environment affecting Alphabet's performance?

How did Ruth Porat respond to concerns about regulation and scrutiny faced by Google?