• Companies: Big Tech are even bigger in the covid crisis

The

Big Tech Silicon Valley

remains immune to the coronavirus.

Amazon, Facebook, Apple and Google

presented numbers higher than expected by

Wall Street

analysts

, showing, once again, their dominant position worldwide and their undeniable power in the midst of one of the biggest economic crises ever. suffered the United States.

All of them improved their results compared to 2019, although the reaction in the after-hours market was mixed.

Only Google saw its titles skyrocket 7.8%

.

Apple was the worst hit with a decline of close to 5% after the shutdown despite its excellent results.

The benefits of its last quarter of the fiscal year reflected an increase of 3.7%, reaching 57,411 million dollars compared to 55,256 million last year.

It also boasted a

record third-quarter revenue

with 64.7 billion, slightly above analysts' forecasts.

59% of its sales came from outside the United States.

However, two variables failed him.

One, the sales of

iPhones

, its flagship product, 16% below the 2019 figures, and two, the absence of data on its expectations for the next quarter where analysts expected clues on the performance of the iPhone 12, the new product that

Tim Cook's company

presented on October 4.

Amazon, for its part, boasted muscle once again with a 37% increase in its sales to 96.1 billion dollars, favored by the

growth of electronic commerce during the months of the pandemic

.

It also hopes to beat its own record during the Christmas season with sales of between 112 and 121 million, which would translate into growth of between 28% and 38%.

Its net profit tripled compared to the same time last year, from $ 2.1 billion in the third quarter of 2019 to $ 6.3 billion in its last report.

Jeff Bezos

, the CEO and founder of the Seattle-based giant, took the opportunity to encourage other companies to take the step of raising the mimic wage of workers to $ 15 an hour.

"Two years ago, we raised Amazon's minimum wage for all full-time, part-time, temporary, and seasonal employees in the US. And we challenged other large employers to do the same.

Best Buy and Target

have already taken the step. , and we hope other big employers will also make the jump to $ 15. Now would be a great time, "said the richest man in the world.

Google had a third quarter of ad revenue growth after a disappointing second quarter.

The Internet search giant generated $ 37.095 million from $ 33.796 a year earlier after reporting the first ever decline in that chapter in July this year.

Total revenue amounted to $ 46.17 billion.

Facebook, a direct competitor of Google, improved its results with a

22% increase in its advertising revenue

to $ 21,221 million, with a net profit of $ 7,846 million or 29% more than at this point last year.

Despite the many criticisms leveled at the social network for its inability to intercept political lies during the pandemic and the electoral campaign, its number of daily active users increased by 12% to 1,820 million people.

In other words, 23% of the world's population uses Facebook every day 16 years after its launch.

According to the criteria of The Trust Project

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