Big tech updatesSign up to myFT Daily Digest to be the first to know about Big tech news.
Quarter after quarter, it now feels almost inevitable.Yes, it’s earnings season in the US again and that means that mega tech is, once again, crushing it. And so it was Tuesday evening when Google, Apple and Microsoft — three out of the four largest listed companies in the States — reported their numbers.Alphabet (née Google) were first to embarrass analysts, with revenues of $61.9bn versus estimates of $56.2bn. For context, that’s 14 times Twitter’s current trailing annual revenue. Using 2019’s second quarter as a base to avoid the Covid-related distortions, Google’s sales have now grown at an average of 26 per cent over the past two years. Microsoft repeated the trick, but not toRead More »