Microsoft 2Q24 Earnings, Ranking Big Tech’s 2Q24 Performance

For today’s update, we will examine Microsoft’s CY2Q24 earnings. This will wrap up our Big Tech 2Q24 earnings reviews. We will then recap Big Tech earnings season by ranking the companies from best to worst reports.

While there are 2Q24 earnings from a few additional companies worth checking out, we will do that after going over several Apple news items.

Just a few hours ago, Apple announced that CFO Luca Maestri will be stepping down as CFO on January 1st, 2025. He will be remaining at Apple to lead Apple’s IT, information security, and real estate portfolios. Kevan Parekh, who has been at Apple for 11 years and is currently VP - Financial Planning and Analysis, will become Apple's new CFO. There is more to say about this in the next update.

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Luca Maestri to Step Down as Apple CFO, The CFO Position at Apple, Apple Succession Planning

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Meta 2Q24 Earnings, Thoughts on Meta HW Sales