Baku 19° C
US IT giants see growth in net profit
ICT
- 28 April, 2021
- 06:14
Add Report.az to preferred Google sources
Stay up to date with the top news!
US IT giants are seeing booming business as demand for online services takes off amid the pandemic. Google's parent company, Alphabet, and Microsoft both posted strong earnings for the January-to-March period, Report informs.
Alphabet announced on Tuesday that its sales jumped 34 percent year-on-year in the last quarter to 55.3 billion dollars. Net profit more than doubled to 17.9 billion dollars.
Microsoft saw its revenue grow 19 percent for the three-month period to 41.7 billion dollars.
Net income surged 44 percent to 15.5 billion dollars.
Author
Latest News
11:43
Photo
Uzbekistan presents Central Asia heritage projects at UN
Region
11:29
Venezuela records highest oil output in recent years
Other countries
11:14
Fly Central Asia: Baku becoming key aviation hub for Central Asia
Infrastructure
11:03
North Korea's Kim Jong Un arrives in China's Dandong
Other countries
10:50
Azerbaijan's Foreign Ministry congratulates Zambia on National Day
Foreign policy
10:37
Azeri Light crude approaches $127 per barrel
Energy
10:25
Photo
Azerbaijan's veteran judokas win two more medals at European Championships
Sports
10:15
MFA: Azerbaijan reaffirms its commitment to international peace, security
Foreign policy
10:01
Beach closed in UAE over oil pollution risk
Other countries