27-07-2022 13:40 via telecoms.com

Microsoft and Google post solid growth but still miss expectations

Google’s Q2 2022 results registered 13% growth in revenue, while Microsoft enjoyed a 12% hike, but investor were apparently expecting more.
Google (or Alphabet, which is the parent company) reported that Q2 revenue was $69.69 billion – up 13% year on year – though it has been pointed out that this is the slowest rate of growth since Q2 2020, and net income came in at $16 billion which is down from $18.53 billion. This gap in terms of expectations is being widely attributed to a
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