Q1 2016 financial figures from Alphabet, AMD, and Microsoft now public
The three industry giants Alphabet, AMD, and Microsoft have announced their respective quarterly figures as of Q1 2016. Google Alphabet revenue is up 17.4 percent YoY from 17.258 billion USD to 20.257 billion USD with profits up almost 20 percent YoY from 3.515 billion USD to 4.207 billion USD.
On the other hand, AMD is now deeper in the red with its Q1 2016 revenue down 19.2 percent YoY from 1.03 billion USD to 832 million USD. The decrease can be primarily attributed to slowing sales of AMD's semi-custom SoCs and mobile processors. Total losses have improved from 180 million USD in Q1 2015 to 109 million USD in Q1 2016. The chipmaker is hoping that its recent joint venture with Tianjin Haiguang Advanced Technology Invest Co. for developing SoCs for servers can be fruitful in the near future.
The result of Microsoft's recent restructuring is reflected through the company's latest financial figures. Revenue decreased 5.5 percent from 21.729 billion USD to 20.531 billion USD with profit down a staggering 24.6 percent from 4.985 billion USD to 3.756 billion USD as of Q1 2016. The discrepancy can be attributed to Microsoft's advancements in its Azure cloud platform for businesses. Meanwhile, proceeds from the Windows OEM side declined by 2 percent. Revenue from the Lumia brand fell very sharply by 46 percent while sales of the Surface platform were up by 61 percent.