Samsung exceeded expectations with first quarter results

Samsung exceeded expectations with first quarter results


South Korea-based technology giant Samsungexceeded expectations with its first quarter results and made its investors happy. made me laugh.

Samsungthanks to the success of the Galaxy S24 family and increases in other areas It posted revenue of approximately $52.08 billion. Net operating income The brand announced it as 4.78 billionin the first quarter of 2024, compared to the first quarter of 2023 managed to achieve a profit increase of exactly 933 percent. Before that the software giant Microsoft and Google’s parent company Alphabet huge first quarter results had explained. Microsoft, in the last quarter $61.9 billion in revenue over A net profit of $21.9 billion 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.

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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.



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