software giant Microsoft and is also the parent company of Google Alphabet huge first quarter results explained.
Microsoft, in the last quarter $61.9 billion in revenue over A net profit of $21.9 billion he explained. The company’s revenue has increased by 17 percent and net income by 20 percent. umbrella company Alphabet is the last quarter $80.5 billion revenue He closed with. The company’s net profit is $25.5 billion It was announced as. Alphabet, to remember, in the last quarter of 2023 $86 billion revenue And $20.7 billion net income had reported. Commenting on these results, CEO Sundar Pichai said, “Our first quarter results reflect our strong performance across Search, YouTube and Cloud. “We are making progress with high momentum in the artificial intelligence Gemini era.” said. Before that, Tesla In the first quarter of 2024 It posted a net profit of $1.1 billion on revenue of $21 billion. The company announced that it earned a net income of $2.9 billion on $23.3 billion in revenue in the first quarter of 2023. Company’s profitability level It fell to its lowest level in the last six years due to the rapid decrease in prices and the slowdown in demand. If you don’t know, recently many consumers have started to turn to hybrid models instead of electric vehicles, which is why many giant manufacturers By changing its plans, it started to move forward with its goals of going completely electric.