Thoroughly compare the sales breakdown of big tech companies! Who is the biggest earner?

Over the past 2 weeks, high-tech companies have announced financial results one after another. The performance of tech stocks cannot be said to be bad by any means, but it seems that there is also a strong sense of uncertainty about performance guidance and economic forecasts.

Meanwhile, BlackRock commented that “high-tech companies have the strongest foundation, have been able to withstand the test of the Fed's tightening policy, and they will continue to be bullish on future stock price increases.”

When analyzing each company's specific business, the ratio related to cloud services and AI has increased, showing the potential of high-tech companies.

Looking at the cloud businesses of Microsoft, Google, and Amazon, the growth rate is slowing slightly compared to before. In order to respond to declining demand, each of the three companies introduced artificial intelligence to the cloud, which became a new “selling point.”

Using AI, Meta achieved internet advertising business sales of 33.643 billion dollars, up 24% from the same period last year, accounting for over 98.5% of total sales.

CEO Tim Cook stated at the financial results briefing that Apple, which has the top market capitalization, is “working responsibly on the development of generative AI.” According to Bloomberg's report, Apple was actively searching for ways to introduce products, and there was also a plan to invest about 1 billion dollars a year in AI.

Also, according to analysts, unlike other high-tech technologies, Apple's strategy is “vertical integration” and “a combination of hardware and software.” Integrating AI into its ecosystem and applications, such as smarter Siri, hardware and devices, etc., and “making AI usable anywhere” is probably Apple's ambition.