Tech giants like Apple, Google, and Amazon have recently released their quarterly earnings reports, showing record-breaking profits amidst growing market competition.
Apple’s revenue soared by 30% year-over-year, driven by strong iPhone sales and services like Apple Music and iCloud.
Google’s parent company Alphabet reported a 50% surge in revenue, largely due to increased ad spending and cloud services demand.
Amazon’s net income more than tripled in the past quarter, bolstered by strong online sales and a spike in Prime memberships.
This remarkable financial performance indicates the resilience and profitability of these tech giants despite economic uncertainties.