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Tech giants post quarterly reports

Yesterday, Facebook announced their quarterly earnings and gave an update on it’s community progress. According to Facebook’s founder, Mark Zuckerberg

Yesterday, Facebook announced their quarterly earnings and gave an update on it’s community progress. According to Facebook’s founder, Mark Zuckerberg, 2014 was a year of great progress on Facebook’s mission to connect the world. “Now, 1.39 billion people connect on Facebook each month, and our community reached a lot of other important milestones too. These numbers represent billions of moments of sharing and friendship worldwide.”

Taking a deeper look into the statistics release from Facebook, one can see that Whatsapp has now reached 700 Million users, Instagram 300 Million, 500 Million use Facebook Messenger and 700 Million use Facebook Groups, all available on app stores as standalone apps.

 

Apple posts the biggest quarterly profit in history

Apple posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion. These results compare to revenue of $57.6 billion and net profit of $13.1 billion, in the year-ago quarter. Apple sold 74.5 million iPhones in the three months to 27 December – well ahead of most analysts’ expectations.

 

Google reports $18.1 Billion in Revenue

Google just announced its earnings for Q4 of last year, and it’s looking like one of the stronger financial quarter the company has had in some time. Overall revenue for the quarter was $18.1 billion, up from $16.86 billion one year ago, and net income of $4.76 billion was up 40 percent over a year ago, when the company pulled in $3.38 billion in profits.

 

Microsoft reports a fall…

Microsoft on Monday reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong U.S. dollar. Revenue increased to $26.47 billion from $24.52 billion a year ago, helped by its recent acquisition of Nokia’s mobile business, and the new CEO looks like is getting the company back on track