One of the most frequently encountered events lately is technology companies affected by the economy. According to today’s news Google and Microsoft slowing down and coming to a standstill affected by the economy were among the companies. For these two companies, which had a sharp slowdown in their sales, fear of regression began.
Microsoft says interest in computers and technology is waning
Google’s parent company Alphabetannounced its balance sheet for the third quarter of 2022. The company only rolled out quarterly as many tech firms cut their advertising budgets. 6 percent It increased. With this $69 billion He also said he has risen.
The US tech company, during the remainder of the pandemic’s nearly ten-year weakest quarterly growth stated that. Moreover Microsoft in to computers and to other technologies He said that interest in him has waned. The biggest reason for this is again the economic problem. The software giant’s sales 11 percent increase and $50.1 billion Said it was rising. This too slowest revenue growth in five years is located as.
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YouTube ad revenue and Alphabet profits fell 30 percent in the last quarter to $13.9 billion. Also chief analyst Evelyn Mitchellmade a statement on the subject. “When Google stumbles, it’s a bad omen for digital advertising in general.” However, according to companies like Google’s Snapchat and Facebook more durable underlined that.
all over the world rising prices and rising interest rates, It causes consumers to stay away from technology. This opens the door to the global concern that a pause will bring. It also said recently that Alphabet has slowed hiring, while Microsoft has cut things off.
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