Alphabet, GoogleThe company’s parent company posted some impressive quarterly figures. In announcing its quarterly results, Alphabet set an all-time record revenue of $61.9 billion for the quarter. What’s more, the company posted record profits – $18.5 billion – for the fourth consecutive quarter.
Google and Alphabet CEO Sundar Pichai said: “In Q2, online activity was trending in many parts of the world, and we are proud that our services helped so many consumers and businesses. Our long-term investment in term till And Google Cloud is helping us drive significant improvements to everyone’s digital experience.”
While AI and Google Cloud are improving, when it comes to Moolah, it is Google search And youtube. According to quarterly results, Google Search contributed $35.8 billion to the company’s revenue. Compared to the previous year, Google Search revenue increased by $14 billion. Last quarter, Google Search generated $31 billion, representing an increase of $4 billion in the quarter.
YouTube advertising revenue is also for Google. Last year, it was $3.8 billion, but now it has doubled to more than $7 billion. Compared to the previous quarter, YouTube ad revenue for the company is $1 billion. Google also said that youtube shorts – TikTok rival from the company – is doing really well. According to the company, YouTube shorts are getting 15 billion views daily, compared to 6.5 billion in March.
“Our strong second quarter revenue of $61.9 billion reflects broad-based strength in advanced consumer online activity and advertiser spending. Again, we are impressed by the excellent execution by our teams across the board,” said Ruth Porat, CFO of Google and Alphabet. Benefited.
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