Alphabet, the holding company that owns the American IT giant Google, and Apple announced their financial results for the three months from October to December last year on the 2nd.

Alphabet net profit down 33% year-on-year

Of these, Alphabet's sales were 76.048 billion dollars, or about 9.77 trillion yen in Japanese yen, an increase of less than 1% compared to the same period of the previous year.



Also, the final profit decreased by 33% to 13.624 billion dollars, or about 1.75 trillion yen in Japanese yen.



The main reason for this is believed to be the decrease in Internet advertising revenue from the video posting site YouTube as advertisers refrained from distributing Internet advertisements amid growing concerns about an economic slowdown.

Apple's net profit fell 13% year-on-year

Also, Apple's sales decreased by 5% compared to the same period of the previous year to 117.154 billion dollars, or about 15.05 trillion yen in Japanese yen, and the final profit decreased by 13% to 29.998 billion dollars. , which was approximately 3.85 trillion yen in Japanese yen, resulting in a decrease in revenue and profit.



In addition to the business environment where there is growing concern about the economic slowdown, the company had to drastically reduce the production capacity of the factory in China to deal with the new coronavirus, which affected the production of the latest iPhone. explains that this is the background.



American media reports that Apple's sales have fallen compared to the same period of the previous year since 2019.