Google revenue

Google’s revenue and profitability set to accelerate again

ParentGoogle Alphabet (GOOGL 0.43%)(GOOG 0.37%) just announced a playoff end to 2020. Revenue and operating profit were up 23% and 69%, respectively, year-over-year in the fourth quarter. Too bad for the big technologies in decline. The biggest news, however, was that Google revealed key details about its key reporting segments for the first time, including […]

Google revenue

Google revenue rises to record recovery in ad spending

Dive brief: Google’s revenue hit a record fourth quarter as marketers increased spending on paid search and YouTube advertising. Parent company Alphabet reported a 23% increase in revenue to $ 56.9 billion, with advertising revenue rising 22% to $ 46.2 billion, in part thanks to a 46% jump to 6, $ 89 billion for YouTube, […]

Google sales

Alphabet shares jump as Google’s best sales estimate

Alphabet Inc. beat fourth-quarter sales expectations on Tuesday as advertisers unlocked holiday budgets, and the Google owner revealed for the first time that its cloud unit was losing $5.6 billion a year. Alphabet shares, up 9.5% this year, rose 7% after hours to US$2,053.75. Google’s advertising business, including YouTube, accounted for 81% of Alphabet’s $56.898 […]

Google sales

Alphabet shares jump as Google’s best sales estimates

Breadcrumb Links New Innovation Alphabet First Revealed Its Cloud Unit Loses $ 5.6 Billion Per Year Author of the article: Reuters Paresh Dave and Munsif Vengattil Release date : February 02, 2021 • February 2, 2021 • 3 minutes to read • Join the conversation A Google sign at one of the company’s office complexes […]