Meta

's euphoria

during trading on Thursday had no continuity with the trio of tech giants presenting results after the bell on Wall Street.

Both

Apple

, Amazon and

Alphabet

- the owner of Google and YouTube - disappointed with a lower end of the year than expected by Wall Street analysts.

All three were losing ground in the

after-hours

market .

Apple, the world's most valuable company, confirmed that its sales streak during the pandemic has ended.

The last quarter of the year closed with a 5% drop in revenue compared to the same period in 2021. That is,

4,632 million fewer

benefits in a year marked by global financial difficulties.

This was recognized by the CEO of Apple,

Tim Cook

, in a statement.

He spoke of a "challenging environment" but puffed his chest for "a major milestone," the "more than 2 billion active devices as part of our growing installed base."

The Cupertino-based company remains focused on its commitment to services in response to production problems in China and logistics bottlenecks caused by the pandemic.

Apple managed to grow slightly in that department, generating 20,766 million dollars compared to 19,516 million last year.

It contrasts with the decrease in the turnover of

iPhones

, its flagship product, and its computers.

Smartphone sales were 8% less than in 2021.

Google, meanwhile, posted the first decline in ad revenue since the pandemic.

The last quarter of the year closed with net benefits of 59,972 million dollars for 2022 compared to

76,033 million in 2021,

reflecting the inflationary pressures experienced during 2022 and the impact of the war in Ukraine on the global economy.

YouTube

also suffered from a hostile environment for the advertising market and worsened its results for the second consecutive quarter.

The decrease in its sales was 7.8% compared to 2021.

Amazon, for its part, managed to increase its sales by 9% in the last quarter of the year, the most fertile for the Seattle giant due to the Christmas holidays.

However, it closed 2022 with losses of 2,722 million dollars, a stark contrast with respect to 2021, when profits reached a record figure: 33,364 million dollars.

The pandemic was undoubtedly a blessing for the company founded by

Jeff Bezos

from a financial point of view.

He is now trying to adjust to the new reality, including thousands of layoffs in various of his departments.

In all, 18,000 people have recently lost their jobs.

According to the criteria of The Trust Project

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  • Google

  • Amazon

  • Youtube

  • China

  • Ukraine