Companies have started publishing their Q2 2022 reports, which we left last month. Names who shared their reports today on the quarterly process for the months of April – June Google’s umbrella company Alphabet and Microsoft it happened. Google saw its revenues fall, while Microsoft saw only a slight increase.

According to the reports of a period when technology companies experienced hard times and their stock values ​​collapsed, Google’s total is $69.7 billion in revenue reaches. Although the company’s revenue increased by $7.8 billion compared to last year, profits were down. Google this quarter $16 billion profit he did. In the same period last year, this number was equivalent to $18.5 billion.

Ads were, of course, Google’s biggest source of income:

According to the shared report, Google earned the majority of its revenue from “Google Search and others” advertising. Income from this item, $40.7 billion used to be. It also made $6.2 billion from Google Cloud and $7.3 billion from YouTube advertising. In the past 1 year, the company increased the number of employees by 29 thousand 958 people to 174 thousand 14.

Sales increased at Microsoft, but major dangers were felt:

According to the report shared by Microsoft, the company will increase the total amount in the second quarter of 2022. $51.9 billion in revenue and $16.7 billion profit reaches. While the company’s revenue was up 12% and profits were up 2% year-over-year, some key details were also mentioned. Windows sales fell 2%, while PC sales also fell. Xbox sales revenue also fell 11%. The company’s revenue across its gaming division was down 7%.