{"id":9219,"date":"2021-07-30T10:18:00","date_gmt":"2021-07-30T07:18:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=9219"},"modified":"2023-06-22T17:53:30","modified_gmt":"2023-06-22T14:53:30","slug":"top-league-quarterly-statement-from-apple-alphabet-microsoft-and-facebook","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/07\/30\/top-league-quarterly-statement-from-apple-alphabet-microsoft-and-facebook\/","title":{"rendered":"Top League: Quarterly statement from Apple, Alphabet, Microsoft, and Facebook"},"content":{"rendered":"\n

We’re rubbing our hands with pleasure all on edge to tell you about financial reports for the second quarter of 2021 from such IT giants as Apple<\/a>, Alphabet<\/a>, Microsoft<\/a>, and Facebook<\/a>. The most important financial data, forecasts for the next quarter, and, of course, tech analysis<\/a> of these corporations from Maksim Artyomov – buckle up and enjoy the ride for the next few minutes.<\/p>\n\n\n\n

<\/span>Alphabet report: increase in advertising expenses as a sign of the global economic recovery<\/span><\/h2>\n\n\n\n

Businesses are slowly increasing their advertising budgets and it surely has a positive influence on the financial statistics of one of the biggest market players on the digital advertising market. For example, Alphabet’s revenue in this sector in the second quarter was $50.44 billion, a 69% increase if compared with the same period last year.<\/p>\n\n\n\n

The results of a very popular video hosting YouTube are also very impressive. This platform’s revenue in April-June was $7 billion, an 89% increase. As a comparison, the total revenue of Netflix<\/a> was $7.34 billion.<\/p>\n\n\n\n

Alphabet perseveres in its attempts to continue battling Amazon<\/a> and Microsoft in the cloud and artificial intelligence industries. Yes, Google Cloud still hasn’t been able to climb into positive territory but the volume of expenses went from $1.43 billion to $591 million, and that’s a 59% decrease. At the same time, Google Cloud’s revenue added 54.3% up to $4.63 billion.<\/p>\n\n\n\n

Because of a renewed growth of the new COVID-19 case, the corporation decided not to announce its forecast for the third quarter. However, it found something else to surprise investors with: the company’s share buyback<\/a> program, which equals $50 billion, will accept both Class A and C<\/a> shares.<\/p>\n\n\n\n

On July 28th, the next day the statement was released, Alphabet’s Class А (NASDAQ:GOOGL) shares added 3.18% up to $2721.9, while Class C (NASDAQ:GOOG) shares lost 0.3% down to $2727.6. On July 29th, the first type of shares lost 0.23% down to $2715.6, while the second one added 0.12% up to $2730.8.<\/p>\n\n\n\n

<\/span>Important data from the report<\/span><\/h3>\n\n\n\n