Tag: Sales Growth

Alphabet Net Income Falls 34 Percent in Fourth Quarter, Revenue Growth Slower as Ad Spending Eases

February 3, 2023
ad spendingAlphabet net incomeBusiness & MarketsCompanieseconomySales GrowthTechTech NewsUS
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Google-owner Alphabet posted lower net income for fourth quarter 2022, and a smaller revenue increase, as the tech behemoth sees a decline in online ad spending, coming at a time when employee unions are criticizing the firm for firing thousands of workers. California-based Google made $76.05 billion in revenues for the fourth quarter, up 1…

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Amazon Prime Day Comes Amid Slowdown in Online Sales Growth

July 12, 2022
Amazon PrimeBusiness & MarketsCompanieseconomyinflationMarketssales eventSales Growth
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Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. The company has long used the two-day event—one of its biggest all year—to lure people to its Prime membership, for which Amazon recently raised the price to $139 a year from $119 a year. Amazon…

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