{"id":30327,"date":"2023-04-27T21:54:19","date_gmt":"2023-04-27T21:54:19","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/04\/27\/what-is-this-revenue-growth-for-ants\/"},"modified":"2023-04-27T21:54:20","modified_gmt":"2023-04-27T21:54:20","slug":"what-is-this-revenue-growth-for-ants","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/04\/27\/what-is-this-revenue-growth-for-ants\/","title":{"rendered":"What is this, revenue growth for ants?"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/27\/meta-google-microsoft-earnings-analysis\/<\/a><\/br>
\nWhat is this, revenue growth for ants?<\/br>
\n2023-04-27 21:54:19<\/br><\/p>\n

\n

Or: Big Tech companies are more cloud-dependent than you thought<\/h2>\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

It\u2019s earnings season<\/span>, that time of the quarter when we get to judge how well public tech firms are fulfilling all the lofty promises they\u2019ve been making. So far this week, we\u2019ve heard from Microsoft and Alphabet (Google) and Meta (Facebook), among other names.<\/p>\n

While results from companies like Roku and Spotify hold interesting information about particular segments of the consumer tech market and the health of advertising demand more generally, the sheer extent of Big Tech\u2019s reach means their results bring a sheaf of color to our understanding of the current tech and business worlds.<\/p>\n

\n

The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n

Read it every morning on TechCrunch+<\/a> or get The Exchange newsletter<\/a> every Saturday.<\/em><\/strong><\/p>\n

\n

What have the majors shown us this week? The most important trend we\u2019ve gleaned from three of the American big five (we\u2019ll hear from Amazon later today and Apple next week) is their very moderate pace of trailing growth.<\/p>\n

\"\"<\/a>Investors were largely mollified, if not downright pleased, by these results. Both Alphabet and Microsoft are each up a few points in early trading, and Meta is up nearly 15% after it managed to pleasantly surprise investors, who expected<\/a> it to post another quarter of slowing revenues.<\/p>\n

We\u2019ve spilled more ink than I want to recall covering investors\u2019 new preference for more profitable growth instead of crazy, unprofitable growth<\/a>. Mostly, we\u2019ve discussed that in reference to startups, but in the case of these tech giants, things get a bit more nuanced. That said, it\u2019s clear that trimming costs and investing in growth are efforts that make investors happy.<\/p>\n

3%, 3%, 7%<\/h2>\n

Given that we often hear of startups bearing growth expectations in the triple digits<\/a>, it may be surprising to assume that roughly $4 trillion in market cap across three companies could be defended with revenue growth in the single digits, but here we are.<\/p>\n

Alphabet\u2019s 3% rise in revenue<\/a> was driven by Google Cloud\u2019s top line increasing to $7.5 billion from $5.8 billion a year earlier. Search grew by less than $1 billion to $40.4 billion, while Google Network and YouTube advertising incomes dipped.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/04\/27\/meta-google-microsoft-earnings-analysis\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/27\/meta-google-microsoft-earnings-analysis\/ What is this, revenue growth for ants? 2023-04-27 21:54:19 Or: Big Tech companies are more cloud-dependent than you thought It\u2019s earnings season, that time of the quarter when we get to judge how well public tech firms are fulfilling all the lofty promises they\u2019ve been making. So far this week, we\u2019ve heard from Microsoft […]<\/p>\n","protected":false},"author":1,"featured_media":30328,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-30327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nWhat is this, revenue growth for ants? - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/04\/27\/what-is-this-revenue-growth-for-ants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is this, revenue growth for ants? - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/04\/27\/meta-google-microsoft-earnings-analysis\/ What is this, revenue growth for ants? 2023-04-27 21:54:19 Or: Big Tech companies are more cloud-dependent than you thought It\u2019s earnings season, that time of the quarter when we get to judge how well public tech firms are fulfilling all the lofty promises they\u2019ve been making. 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