Friday, 24 March, 2023

Apple, Microsoft, Alphabet combined profits touch $50 bn in June quarter

<p>Apple, Microsoft, and Alphabet, in the June quarter, reported combined profits of more than $50 bn. Apple&#39;s first iPhone 5G model drove revenue and earnings for the world&#39;s most valuable firm. The firms&#39; aggregate market worth is $6.4 tril, which is more than 2x what it was 16 months ago. During that quarter, Google&#39;s advert revenue jumped by 69 % to $50.44 bn. Microsoft&#39;s profits have risen due to increased demand for its software and cloud computing services.</p>