Google and Microsoft reported rising profits

UK, April 19 – Technology giants Google and Microsoft have both reported rising profits. Google's net profit climbed to $3.35bn  in the first three months of the year, up 16% from a year earlier, boosted by online advertising revenue.

 

Microsoft said it made $6bn in profit during the same period, a jump of more than 17% from a year ago.

 

Its earnings, which beat market forecasts, came despite a lukewarm reception for Windows 8 and a decline in global PC sales during the period.

 

Meanwhile IBM reported a fall in first quarter profits and revenues after the technology services company failed to complete deals in time and was hit by the depreciation of the Japanese yen.