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Big Tech Announces Striking Pandemic Gains as Small Businesses Strain to Find Their Footing
Aug 02, 2021 53 secs

On Tuesday, Apple reported that it earned $21.7 billion in the last three months that ended on July 26, almost doubling the $11.2 billion it earned in the same period last year.

Over three months that ended on June 30, Microsoft reported an earned net income of $16.5 billion on Tuesday, almost a 50% increase over the same time last year when it reported $11.2 billion.

Alphabet reported a net income of $18.5 billion for the three months ending on June 30, compared with $6.96 billion earned during the same time frame in 2020.

On Wednesday, Facebook said it doubled its quarterly net income, reporting $10.3 billion for the three months ending on June 30, compared with earning a net income of $5.2 billion during the same period in 2020.

Tesla reported a dramatic increase in its quarterly total gross profit on Monday, saying it earned $2.9 billion in its second quarter, compared with $1.3 billion over the same period last year, marking a 128% increase.

On July 29, it reported a 50% increase in its quarterly net income, earning $7.8 billion over three months ending on June 30.

It reported $5.2 billion in net income for the same period in 2020.

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