Despite the decrease in worldwide smartphone shipments, Apple’s sales only decreased by 2% YoY, while revenue increased.
Microsoft, Alphabet, Meta, and Amazon all exceeded market expectations and the number of companies facing losses decreased to three.
Market capitalization increased by approximately 4 trillion yen in one week and the percentage of the total market capitalization of the S&P 500 index returned.
As the market as a whole slows down due to the economic deceleration, tech giants are expanding their shares, and competition and market authorities in various countries are taking a tough stance on the use of M&A. Negotiations with the EU on privacy protection are also proving difficult.