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For Q2, year-on-year is comparing against the first wave of COVID last year, when the world was coming to a screeching halt. Many other tech companies like Goo
by Clewza313 5y ago
For Q2, year-on-year is comparing against the first wave of COVID last year, when the world was coming to a screeching halt. Many other tech companies like Google are posting similarly outrageous figures, simply because the baseline is low.
As for who's buying, COVID relief checks will be at least part of the answer.
- Tagbert 5y agoA lot of people have more money now than before the pandemic started. If you were not among the ones who lost your job, then your income remained the same but you were spending less money going out and spending.