HomeGoogle Advertising Revenue Increases 43% and Microsoft Bing Advertising Revenue Increases 40%

Google Advertising Revenue Increases 43% and Microsoft Bing Advertising Revenue Increases 40%

Both Google and Microsoft released earnings statements last night and both were impressive. Alphabet reported Q3 revenue of $ 65.1B, up 41% year-over-year with net income of $ 18.9B, up from $ 11.2B year-over-year. Microsoft reported Q1 revenue of $ 45.3B, up 22% year-on-year and net income of .5 20.5B, up 48% year-on-year.

Towards advertising, Google grew 43% year-over-year, from $ 37,095M to $ 53,130M and, as far as I can tell, Microsoft’s advertising business grew 40%, excluding search and news advertising revenue, according to Microsoft. Expenditure increased by 40% (increase of 39% in fixed currency).

Both appear to have had little or no effect on Apple’s privacy changes.

Meanwhile, Google’s stock (GOOG) is trading down in pre-market times and Microsoft’s stock (MSFT) is trading in pre-market times.

These two companies just keep printing money and keep growing.

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