Amazon heads toward a trillion. Big hit for other tech giants in the Q1 results

The first quarter results show gains which once again prove tech giants to be the real market players beating the respective top and bottom line margins. Some of the tech undertakings have shown surprisingly impressive net gain numbers and balanced share market position despite the past adverse events experienced in the last few months.

Following are some of the gradual finance shifts witnessed in the market gain Amazon’s profits attracting the market attention beating Microsoft a few months ago.

Amazon:

Already making the headlines for being the wealthiest person, Amazon founder Bezos is soon to reach a trillion in the net earnings of Amazon. Shares of AMZN (amazon.com) are up $60.26 dollars as per the latest update. Even the count of active web service users including prime numbers has reported crossing 250% more than the previous year. Amazon’s first-quarter earnings profile seem to impress the market line as well.

Intel:

Intel has beaten its market value expectation after publishing the first quarter earnings last week. The company continues to grow with a net profit of $4.5 billion. Though the earnings have shown an upward ranking, its counterparts have begun fetching its potential end users, AMD processors being the first one in the list.

Facebook:

Despite the hyped Analytica datascandal occurring last month, Facebook has managed to gain more than $50 bn as stated on Thursday last week. Even the shares have gone back to its initial market share position with 15 % rise after Facebook owner managing the crisis of Cambridge Analytica breach.

Microsoft:

This was a weaker in the tech market players’ list as its shares sagged in after-hours trading. The fall was being witnessed despite the Q3 earnings beat. The latest disclosure shows Microsoft at $94.57 early this week.

Alphabet:

The company’s bottom line earnings show a notable growth headed upward, that being said, the company’s any new venture is predicted to have a lower margin. The operating margin excluding the long-term bets of tech colossal was more than 30% as per the reports. 

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The first quarter results have shown positive and hopeful reports for the ones who were projecting lower profit margins. The reports have also risen the expectations of companies who showed a huge number of the net gains. Amazon to be precise will have greater prospects expecting it to make a trillion worth business in the upcoming quarter results.

Apple is going to announce its first quarter result tomorrow i.e. on May 1st and finance experts have already projected a remarkable growth in the net earnings of silicon valley’s market players.

Disclosure:

The author of this blog does not own any financial position in any of the above companies share or related ecosystem with no plans to do so for the immediate future.

Written by, Gauri Ludbe