Google and Microsoft Announce How Much Money They Made

Google and Microsoft, one after another, announced their financial situation reports. The statements made revealed that revenues increased, but profitability decreased. Here are the key figures in the reports…

Microsoft and Google, which are among the largest technology companies in the world, for the last quarter financial report they announced. The statements made, while both companies earn more money, their profitability has fallen revealed. Let’s take a look at the figures announced by both Microsoft and Google.

The statements made by Microsoft are quite remarkable. So much so that in the last 3 months, the company $50.1 billion made a profit. This gain meant an 11 percent year-on-year increase. However, there is a serious decrease in the profitability of the company. Microsoft’s profit, which announced a profit of 17.6 billion dollars, is on an annual basis. decreased by 14 percent..

The reason behind Microsoft’s loss of profit: Windows and other PC services!

Statements made by Microsoft due to windows It shows the loss of profitability. So much so that according to the last quarter data, Microsoft’s Windows OEM revenues, around 15 percent has fallen. This is because PC sales are declining worldwide. Moreover, Microsoft does not have a positive expectation for the next quarter. According to the company’s statement, Windows OEM revenues will increase in the next quarter. will drop by 30 percent.

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Microsoft increased its earnings with Xbox and Xbox/PC Game Pass!

While Microsoft’s Windows OEM revenues fell from the game world This is not the case for earned income. So much so that the company’s Xbox and other hardware sales increased by 13 percent. With this, PC Game Pass revenue from subscriptions increased by 159 percent year-on-year. The number of Xbox Cloud Gaming users reached 20 million. has doubled.

Google is no different.

Google

Technology giant Google shares the same fate as Microsoft. Revenues of Google’s parent company Alphabet $69 billion, Its profit was recorded as 13.9 billion dollars. The company, which earned around $69 billion in the last quarter, $16 billion snow announced.

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Almost all of Google’s services have increased revenue!

Google’s financial report revenue growth across all services revealed that it happened. So much so that the revenue in Google ads rose from $53.1 billion to $54.4 billion, while Google Cloud revenues rose from $4.9 billion to $6.9 billion. But Google’s spending on cloud services has also increased. Losses in this category increased from $644 million to $699 million. On the other hand, the companyotherThere is also a significant increase in the expenditure category, which he categorized as “. The loss, which was announced as 1.3 billion dollars in the previous period, is approximately 1.6 billion dollars leveled up…

Source :
https://www.theverge.com/2022/10/25/23423560/google-q3-2022-growing-revenue-shrinking-profits-earnings


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