As we prepare to leave the first month of Q2 2022 behind us, giant corporations have begun publishing their earnings reports for their last quarter. Today, Google’s parent company Alphabet and Microsoft For the period January-March of 2022 has published its annual accounts.

According to the report shared by Alphabet, the company increased its total sales in the January-March period. $68 billion in revenue reaches. In the same period last year, the company had a turnover of 55.3 billion dollars. Alphabet’s net profit in this revenue declined 8% year-on-year, despite higher revenues. $16.4 billion turned down.

Microsoft managed to increase its profits

By accepting the January-March period as the third quarter in its financial calendar, Microsoft, like Alphabet, managed to increase its revenue compared to the previous year. same period of the previous year $41.7 billion in revenue Microsoft increased this revenue by 18% to $49.4 billion. The company’s net profit also increased by 8% year-on-year. $16.7 billion reaches.

Google felt the impact of the war and getting rid of the virus

Alphabet, which has experienced a sharp decline in profits this year, has been affected by the lifting of measures against the corona virus and the war in Ukraine. While the demand for digital advertising reached extreme heights while everyone was at home with the coronavirus, Alphabet managed to turn this demand into profit. But the two most important of Google Demand for advertising services began to decline† The company also reported that the war in Ukraine has made some European advertisers hesitant to spend money on YouTube.