Microsoft and Alphabet's revenues increase

The revenues of US technology companies Microsoft and Alphabet, the parent company of Google, increased in the April-June period. Microsoft's revenue increased by 8 percent, and Alphabet's revenue increased by 7 percent. Microsoft, which accepts the April-June period as the fourth quarter in its financial calendar, announced its balance sheet. Accordingly, the company's revenue increased by 8 percent in the April-June period compared to the same period of the previous year, reaching $56.2 billion. Microsoft had revenue of $51.9 billion in the same period of 2022. The company's net profit also increased by 20 percent in the same period, reaching $20.1 billion. The company's net profit was $16.7 billion in the same period of the previous year. Alphabet's second-quarter revenue increased by 7 percent Google's parent company Alphabet also announced its balance sheet for the second quarter of 2023. Accordingly, Alphabet's revenue in the second quarter of the year increased by 7 percent compared to the same period of the previous year, reaching $74.6 billion. The company had revenue of $69.7 billion in the second quarter of 2022. The company's net income rose 15 percent year-over-year to $18.4 billion in the second quarter. Alphabet had net income of $16 billion in the second quarter of last year. The company's earnings per share, which was $1.20 in the April-June period of last year, rose to $1.44 in the same period this year.