Microsoft Convinces With Quarterly Figures - Alphabet Weakens in the Cloud Sector

Alphabet is in danger of falling further behind Microsoft's Azure and Amazon's AWS in the cloud sector. The big tech companies Alphabet and Microsoft have published their results for the past quarter. Alphabet's advertising business performs better than last year Google parent Alphabet reported quarterly revenue of $76.69 billion, up by 11% year-over-year. This exceeded analysts' expectations. The group's profit came in at $19.7 billion, compared to just $13.9 billion for the same period last year. The advertising business performed better,...