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Tech Revenue Report

Amazon, Facebook and Microsoft Report Double Digit Growth while Apple “Plunges”

Amazon, Facebook and Microsoft revenue grew by 35%, 17% and 13% respectively during the first nine months of 2020. On the other hand, Alphabet’s (Google) revenue increased by 9% and Apple’s revenue was up by 4% during the same period. According to the research data analyzed and published by Comprar Acciones, Apple was the only one to post a revenue decline. The three tech giants (Amazon, Microsoft and Facebook) generated a cumulative $152 billion in Q3 2020. Apple Revenue Plunges by 20.7% in Q3 Due to iPhone 12 Delays During Q3 2020, Apple’s revenue totaled $64.7 billion, marking a growth rate of 1% year-over-year (YoY). iPad revenue increased by 46% YoY in that period. Mac revenue grew by 28% and services revenue soared by 16.3%. /* custom css */ .tdi_3_65c.td-a-rec-img{ text-align: left;...