MarketWatch First Take: Big Tech hit $1.5 trillion in sales last year, but the days of mega growth seem to be over
It’s looking like 2021 was the peak growth year for Big Tech, and any profit growth that is currently projected for 2023 is going to be fueled by cost cuts. After stratospheric double-digit revenue growth of 27%, to $1.4 trillion, in 2021, this earnings season saw Big Tech revenue growth fall back…
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