What did the pandemic mean for Microsoft? A 44 percent jump in profits

One thing we’ve learned over the past year: the COVID-19 pandemic has been awful for humanity, but a boon to all of the tech company’s we’re relying on. That’s truer than ever for Microsoft, which announced a 19 percent increase in revenues for the third quarter ($41.7 billion), compared to last year.

Google owner Alphabet posts big gains after pandemic uncertainty

Google parent Alphabet reported today that it raked in a total of $55.3 billion in revenue over the past three months — that’s up 34 percent compared to this time last year. (In case you were curious, Wall Street types were expecting revenue growth of just around 25 percent.) The company’s net income jumped dramatically as well, from $6.8 billion in Q1 2020 to $17.9 billion in this year’s quarter.