Apple, Google owner Alphabet, Amazon, Facebook and Microsoft raked in money in first quarter
Big tech is on a roll. In every minute of the first three months of 2021, Apple, Google owner Alphabet, Amazon, Facebook and Microsoft sold products and services worth about $2.5m (£1.8m) combined. Profits before tax for the period came in at $88bn – more than $1bn of profit for every working day.
After a year of shifting to online work and leisure across the global economy, financial results published this week by most of US tech’s biggest names were bound to be strong. But even more bullish analysts on Wall Street were surprised by how fast they raked in money in the quarter, auguring even greater profits in the years ahead. Continue reading...
http://dlvr.it/Ryq5zc
Subscribe to:
Post Comments (Atom)
In the Land of the Very Old
Jan 23, 2024 — by Sam Toperoff in Original for THE SUNDAY LONG READ 1. Passports, or Prescriptions I am writing this in a blue notebook I ...
-
At the New York Times trial, the former governor was impressive at first. It didn’t last. BY SETH STEVENSON | Slate FEB 10, 20228:31 PM S...
-
Every day in America, kids get their hands on lethal weapons, with disastrous consequences Tyler Paxton on vacation with his parents in the ...
No comments:
Post a Comment