Monday , December 11 2023

Tag Archives: Profit

As Pandemic Raged, Alphabet, Facebook, Apple and Amazon report $28 billion in profits

Even though the tech industry’s four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday. A day after United States’ lawmakers grilled the chief executives of the biggest tech companies about their size and power, Amazon, Apple, Alphabet and Facebook reported surprisingly healthy quarterly financial results, defying one of the worst …

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