Friday, 24 March, 2023
Apple, Microsoft, Alphabet combined profits touch $50 bn in June quarter
<p>Apple, Microsoft, and Alphabet, in the June quarter, reported combined profits of more than $50 bn. Apple's first iPhone 5G model drove revenue and earnings for the world's most valuable firm. The firms' aggregate market worth is $6.4 tril, which is more than 2x what it was 16 months ago. During that quarter, Google's advert revenue jumped by 69 % to $50.44 bn. Microsoft's profits have risen due to increased demand for its software and cloud computing services.</p>
Read full story at Business Standard
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