Apple, Facebook, Google, and Amazon take a bite out of the crisis

For the four knights of American tech, the social distancing born of the coronavirus pandemic is rather a godsend. The apple brand led by Tim Cook surpassed $ 100 billion (exactly $ 111.4 billion) in quarterly earnings for the first time. By the way, Apple, which has seen its sales soar by 26%, is doubling Samsung for the very first time, too, driven by sales of the iPhone 12, which is compatible with 5G. The American giant has sold 82 million smartphones against 62 million units for its Korean competitor.

Likewise, Amazon has for its part exceeded 100 billion in quarterly revenue for the first time in its history and saw its profit double in the fourth quarter of 2020, to 7.2 billion dollars. The US giant’s lead over Chinese rival Ali Baba is likely to continue. As of March 31, 2020, Amazon had generated revenue of $ 296.3 billion, four times more than Alibaba, which had revenue of $ 72 billion in the same period. But, Statista warned, in 2020 the operating profits of the two giants were of the same order, around $ 13 billion for Alibaba and $ 14 billion for Amazon.

Another American giant to take advantage of teleworking, Alphabet, the parent company of Google and YouTube. The group largely exceeded expectations in the last quarter of 2020, with net profit of $ 15.2 billion, up 50% year on year. The company grossed $ 56.9 billion, up $ 10 billion from a year ago, and well over the $ 53 billion expected by analysts.

For its part, the Facebook group, with 2.7 billion users, last night published results marked by an increase of + 11% in its turnover in the second quarter, brought to 26.2 billion dollars. (+ 48%), mainly thanks to advertising revenue. According to eMarketer, Facebook is on track to surpass $ 100 billion in net advertising revenue for the first time in 2021, and thus maintain the second position in terms of global market share (23.7%), behind Google (28, 6%), which also exceeded expectations in the first quarter.

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