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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

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Amazon’s carbon footprint grew 15% in 2019, highlighting the challenge of net zero emissions

GeekWire

Some 10,000 vehicles should be on the road by 2022. Amazon has pledged to make its retail and cloud-computing operations “net carbon zero” by 2040, but its newly released 2019 sustainability report shows that greenhouse gas emissions rose over the previous year by 15%. Jordan Stead / Amazon Photo).

.Net 127
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Microsoft Office, Windows, and cloud boosts Q1 2022 earnings

The Verge

Microsoft posted the first quarter of its 2022 financial results today , reporting revenue of $45.3 billion and a net income of $20.5 Revenue is up 22 percent, and net income has increased by 48 percent. Hardware revenue is up again this quarter by 166 percent, thanks to continued demand for Xbox Series X and Series S consoles.

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Accelerate Sustainable Digital Transformation in the Oil & Gas Industry

CIO Business Intelligence

In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. iii] While organizations must plan for usage spikes and failovers, they also have opportunities to clean up workloads, retire unused equipment, and leverage newer, more efficient hardware and solutions.

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Google parent Alphabet’s Q1 profits dropped by more than $1 billion compared to 2021

The Verge

After a record-breaking 2021 with annual revenue of $257 billion — the first time it has gone over $200 billion for a year — Google’s parent company reports in a filing (pdf) that it has started off 2022 with Q1 revenue that’s up 23 percent from the same period last year , reaching $68 billion. Google’s Q1 revenue: 2022: $68.0

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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

“They’ve become hardware companies,” Fitzgerald said. However, a line in the company’s annual 10K filing with the SEC breaks out the “total net additions to property and equipment” for AWS, which declined from $27.8 billion in 2022 to $24.8 billion in revenue. What about Amazon?

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Microsoft Office, cloud services, and Windows boost revenue in Q2

The Verge

Microsoft posted the second quarter of its 2022 financial results today , reporting revenue of $51.7 billion and a net income of $18.8 Revenue is up 20 percent, and net income has increased by 21 percent. So far, we’ve seen a matte black version of the Surface Go 3 , but we’re only a month into 2022.