>> operator in Python

>> and << are the Right-Shift and Left-Shift bit-operators, i.e., they alter the binary representation of the number (it can be used on other data structures as well, but Python doesn't implement that). They are defined for a class by __rshift__(self, shift) and __lshift__(self, shift).

Example:

>>> bin(10) # 10 in binary
1010
>>> 10 >> 1 # Shifting all the bits to the right and discarding the rightmost one
5 
>>> bin(_) # 5 in binary - you can see the transformation clearly now
0101 

>>> 10 >> 2 # Shifting all the bits right by two and discarding the two-rightmost ones
2
>>> bin(_)
0010

Shortcut: Just to perform an integer division (i.e., discard the remainder, in Python you'd implement it as //) on a number by 2 raised to the number of bits you were shifting.

>>> def rshift(no, shift = 1):
...     return no // 2**shift
...     # This func will now be equivalent to >> operator.
...