For both giants, this financial statement is very important. For Microsoft, is there a real start in search operations to pose a threat to Google and to transform profits? Has Google advertising in turn been exposed to the twin challenges of economic environment and rivalry? This financial statement gives some answers and leads.

Microsoft and Google have in fact handed over more than expected accomplishments on a financial basis, leading to a significant increase of more than 5 per cent in both post-mortem prices. However, following the investor conference after the financial statements, Microsoft has been pushing for a significant 10 per cent increase in equity prices with strong expectations, while Google has seen a marked relapse due to unclear prospects for advertising operations.

Microsoft’s re-emergence: full-scale balcony expectations, AI boost cloud calculations

Microsoft’s quarterly financial statements show that it received $52.9 billion in the quarter, an increase of 7 per cent over the same period; net profits of $18.3 billion, an increase of 9 per cent over the same period; and gains of $2.45 per share, an increase of 10 per cent over the same period, with all key indicators exceeding market expectations.

In terms of sub-income composition, although the core bright spots of AI over the past few months, most of the current sales of Microsoft are still mainly from software sales and cloud computing services. Among them, the skirmishes operation, which was boosted by the AI wave, continued to grow at a high rate, contributing $2,280 million in the last quarter, a 16 per cent increase. Of these, 27 per cent of the growth in the Azure and other cloud services, although slower than in previous quarters, is still higher than market expectations in a weak consumer market environment.

Performance growth for Microsoft this quarter, photo from CNBC

In view of the recent decline in PC sales in the last few quarters, many previous analyses have found that the weaker economic environment will significantly hit Microsoft Windows, but the financial statement shows that the decline in Windows-related sales is not as severe as expected. While the share of personal computer operations declined by 9 per cent and the ratio of the Windows system battalion by 28 per cent, it improved over the previous quarter. In addition, the Windows commercial product and associated cloud services and Xbox content and service receipts were reversed, increasing by 14 per cent and 3 per cent respectively.

The productive and business process sector is also at this stage characterized by an increase of approximately 1 per cent in revenues recorded, including Dynamics, LinkedIn and Office. Ibid. Of these, the Office’s 36 software income grew by 14 per cent and LinkedIn by 8 per cent.

Regardless of the overall indicator or sub-operation, Microsoft has at this time handed over a powerful and robust financial statement. Over the past year, Microsoft has not only been the most sound candidate in science and technology, but has recently made a successful investment in the field of AI, and has led it to take the lead in opening the door to the next stage of growth.

While the current Microsoft investment in AI is not yet visible on income and profits, the Bing search engine and advertisements are growing at a rate equal to 10 per cent in the previous quarter, the number of users associated with AI operations has begun to increase significantly this quarter. At the teleconference, Microsoft CEO indicated that the Teams communication application had more than 300 million active users per month in the quarter and that Bing’s daily users had broken over 100 million.

In addition, today Microsoft offers a very positive performance outlook for the next quarter. Income is projected for the next quarter at $54.85 billion to $5.58.5 billion, and the market is projected at $5.484 billion, of which productivity will be $17.9 billion to $18.2 billion, smart cloud operations will continue to grow at a steady rate of $236-239 million, and Azure sales, excluding exchange rate factors, will grow by 26 to 27 per cent.

Sound performance, high-potential potential AI investment, positive expectations, with a multifactorial effect, of nearly 10 per cent increase in Microsoft’s share in recent days, $300 on the Microsoft Unit and a market value increase of over $16 billion.

Google, “While of Concern”: advertising down and the first profits of cloud operations, search pressure is evident.

For Microsoft, if this performance is not good, the development of AI operations is expected to be the culmination, and if performance is good, it will be more a boost. In contrast, the pressure of the Google, which was published on the same day, is considerable. Because of the absence of an AI shock launched by Microsoft this quarter, Google also needs to prove itself to the market in a number of poor performances in consecutive quarters.

In general, the Google did not continue to be as low as the market anticipated and handed over a well-cost scorecard.

Google’s three-quarter financial statements show a quarterly harvest of $69,978 million, up from a 3 per cent increase over the projected $689.9 million for analysts, and a share gain of $1.17, although declining by approximately 4.9 per cent, is far better than the market’s forecast of 11.4 per cent, while the range of 31 per cent below that of last four quarters has been significantly narrowed.

After a year of downturn, GoogleEPS last quarter exceeded expectations

The collapse of advertising operations and the breakthrough of cloud operations in the current Google financial newspaper are key support for Google performance. The Google service operations, such as advertisements, search, maps, YouTube, hardware, well-established, Chrome and Google Play, have increased by 8 per cent, recording revenues of $61.96 million, creating $21.737 million in operating profits. Among them, while continuing to fall by 0.2 per cent, the decline was significantly slower than in the previous quarter and far better than the anticipated market decline of 1.6 per cent.

In addition, for the first time this quarter, the cloud operation, which is the second growth curve for Google, generated $7,756 million in the season, a 28 per cent increase over the same period, and recorded a business profit of $191 million. It is known that the operating losses of Google clouds during the same period last year amounted to $706 million.

Photo from Google this quarter

While two key operations are not good,

The competition lasted two months. More than 100 undergraduate, master’s and doctoral students from more than 10 universities, including Tsinghua University, Peking University, Renmin University of China, Central University of Finance and economics and Beijing Foreign Studies University, enthusiastically signed up to participate. The participating cases covered small and medium-sized enterprises in all walks of life in more than 10 provinces (autonomous regions and municipalities directly under the central government). After several rounds of evaluation by relevant experts, a total of 2 first prizes, 6 second prizes, 8 third prizes and 5 Excellence Awards were selected.

Inclusive Finance is an important strategic plan of the country, which has a bearing on the national economy and the people’s livelihood. It is of great significance and has a bright future. To develop Inclusive Finance, the state has requirements, the market has demand and the postal savings bank has endowment. As an advocate, pioneer and promoter of Inclusive Finance, the postal savings bank has always adhered to the positioning of serving “agriculture, rural areas and farmers”, urban and rural residents and small and medium-sized enterprises. It has nearly 40000 outlets in urban and rural areas and a team of 40000 loan officers. It continues to build a service model of organic integration of online and offline services and constantly depicts the animation of Inclusive Finance.

The competition encourages students and the postal savings bank to enter the dynamic small and medium-sized enterprises together, understand the measures and effectiveness of the postal savings bank in serving small and medium-sized enterprises, and deeply understand the importance of Inclusive Finance through on-site interviews and field research with small and medium-sized enterprise customers.

All along, the postal savings bank has attached great importance to the research on small and medium-sized enterprises, released the operation index of small and micro enterprises on a monthly basis, organized special research and academic forums on Inclusive Finance, and publicly released research reports, so as to provide information reference for policy formulation and all sectors of society to master the operation status of small and medium-sized enterprises.

Providing support for the “first SME Case Competition of the National SME Research Institute of Renmin University of China” is an important practice for the postal savings bank to deepen the research on Inclusive Finance and an important measure to fulfill its social responsibility. Through this competition, the majority of students have deepened their understanding and understanding of the importance of small and medium-sized enterprises in the national economy, encouraged excellent young students to explore and practice in serving the development of small and medium-sized enterprises, contributed to the development of Inclusive Finance in China together with the postal savings bank, and sowed the seeds of Inclusive Finance in the hearts of the majority of students.

In addition, Japan’s “Tokyo news” reported on March 5 that in order to welcome the Beijing winter Paralympic Games, about 50 engineers of Toyota company who are usually committed to building cars have developed new sitting ski devices for players to use. During the research and development process, they listened to the opinions of the medal winners of alpine skiing in the winter Paralympic Games, ohui morii and Takaka MURAOKA. Toyota’s research and development of sitting ski began in 2015. The opportunity is that Mori joined Toyota in 2014.

According to the report, Mori resonated with Toyota’s concept of “making better cars”. He applied and said that he “hopes to make effective use of technology and experience and join the development of competition equipment”. Employees proficient in vehicle design and production technology joined in to form a “Mori team” to challenge the research and development of a new sitting ski “Falcon”.

It is reported that in the alpine skiing competition, the contestants either slide down on the inclined snow surface at a speed of more than 100 kilometers per hour, or turn quickly for many times. The focus of research and development of sitting ski is to reduce the weight, reduce the time, and improve the rigidity to adapt to the bending and interleaving during rotation.

The report points out that these are the technologies that people have been pursuing when developing cars. “If we don’t keep improving, it will be difficult to win. We continue to improve our level by responding to Mori’s almost greedy requirements,” said the project leader and engineer Takemoto

According to the report, the 2018 Pingchang winter Paralympic Games was the first show of “Falcon”, and Mori won the silver medal. The R & D team immediately began to improve the Falcon. In 2019, murakaka also joined the R & D project of “Falcon”. In addition to the snow slide test, the R & D team also made effective use of the computer analysis technology and special equipment for measuring air resistance used in the research and development of new vehicles to improve the performance of sitting ski.

The report points out that the fully improved Falcon 2.0 has lost hundreds of grams of weight, nearly doubled its rigidity and reduced air resistance by 9%. Sitting ski can be divided into three parts: ski, seat and suspension. The suspension plays the role of “joint” connecting ski and seat.