Written By: gaurav gautam | Updated: Jul 28, 2021, 11:06 AM
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Riding once again on the stronger-than-expected Azure Cloud growth, Microsoft has posted a healthy revenue of USD 46.2 billion, up 21 per cent, with USD 16.5 billion in net income that rose 47 per cent in the June quarter, as per IANS report.
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Microsoft Chairman and CEO Satya Nadella, new franchises including gaming, security, and LinkedIn surpassed USD 10 billion in annual revenue over the past three years. 'Our results show that when we execute well and meet customers' needs in differentiated ways in large and growing markets, we generate growth, as we've seen in our commercial cloud,' Nadella said in a statement late on Tuesday, as per the IANS report.
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Riding on the stellar performance for its entire line-up of products, Apple has recorded an incredible growth in India in the June quarter, its CEO Tim Cook has said, setting another record revenue in a country where iPhones and other Apple products fast gained momentum despite the country being hit by the second Covid wave. In an earnings call after posting a new June quarter revenue record of USD 81.4 billion globally, up 36 per cent from last year, Cook said late on Tuesday that emerging markets like India has done extremely well, the IANS report
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'We had an incredible quarter for the emerging markets in Q3. We set June quarter records in Mexico, Brazil, Chile, Turkey, UAE, Poland, Czech Republic, India, obviously in China as I talked about before. Those results are for the entire line of products that we have,' Apple CEO Tim Cook said. 'The vast majority of markets we tracked grew double digits, with especially strong growth in emerging markets, including India,' he added.
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Riding on Search and YouTube advertising growth amid the pandemic, Alphabet has posted a record USD 61.88 billion in revenue for its June quarter. Google Search reached a record USD 35.8 billion in revenue (up 68 per cent) while YouTube advertising revenue nearly doubled to USD 7 billion compared to USD 3.8 billion from the same quarter last year, the company said, as per IANS report.
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'In Q2, there was a rising tide of online activity in many parts of the world, and we're proud that our services helped so many consumers and businesses. Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone's digital experience,' said Sundar Pichai, CEO of Google and Alphabet, the IANS report said.
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