Yesterday was a big day for financial results from tech giants, with Google, Amazon and Microsoft all reporting their latest earnings. A summary follows. Google reported $17.3bn of revenues for the first quarter of 2015, up 12% year-on-year. Its net profit dipped from $3.59m to $3.45m in the same period, though.
Microsoft, meanwhile, saw its revenues rise 6% to $21.7bn, with bright spots including 8.6m Lumia Windows Phones sold during the quarter, and $713m of revenues from the much-maligned Surface tablets. Finally, Amazon posted $22.7bn of revenues for the first quarter of this year, up 15% year-on-year, but the company posted one of its regular net losses – $57m – for the quarter. There were no music stats of note to report, with the company keener to trumpet revenues from its Amazon Web Services cloud division: “A $5bn business and still growing fast,” according to CEO Jeff Bezos.
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