• About Us
  • Disclaimer
  • Terms & Conditions
  • Advertise
  • Careers
  • Contact
Inflowpedia
  • Home
  • News
  • Business
  • Politics
  • Inspiration
  • Lifestyle
  • Health
  • How To
  • Reviews
  • Science
  • Tech
  • Travel
  • Sports
  • Deals
  • Auto
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Inspiration
  • Lifestyle
  • Health
  • How To
  • Reviews
  • Science
  • Tech
  • Travel
  • Sports
  • Deals
  • Auto
No Result
View All Result
Inflowpedia
No Result
View All Result
Home Business

Google Revenue Grew 62% by Online Advertising Business

Inflowpedia by Inflowpedia
June 21, 2022
in Business
Google Revenue Grew 62%
Share on FacebookShare on TwitterShare

Tech Giant Google’s (GOOGL) parent company Alphabet Inc. reported revenue of $61.9 billion for the second quarter ended June 30, a 62% grew from the same quarter last year and significantly higher than the expected by analysts. Alphabet profits more than the double to $18.5 billion.

The revenue growth was driven by a Google’s online advertising business, which posted revenue of $50.4 billion. a 69% increase from the last year revenue. Ad revenue from the YouTube (company’s video sharing platform) increased 84% to $7 billion.

According to the Tuesday earnings report, Alphabet’s stock rise 3%.

Google’s ongoing efforts for online advertising business is paying off amazing fruits.

Alphabet and Google CEO Sundar Pichai hailed the company’s investments in artificial intelligence and its cloud business, the latter of which shrunk its quarterly losses from $1.4 billion to $591 million compared to the last year. Google Cloud revenue grew 54% to $4.6 billion.

AlsoRead

German Carmaker Mercedes recalls one million older cars

Elon Musk Plans to Cuts 10% of Tesla Jobs

Apple will Announce Q2 2022 Earnings Report on April 28th

TOP 100 ONLINE DIGITAL MARKETING AGENCY

Vonage Business Cloud Review

10 necessary things to consider when starting a business

Google CEO Sundar Pichai invested the company’s investments in artificial intelligence (AI) and its cloud business, the latter of which shrunk its quarterly losses from $1.4 billion to $591 million compared to the same period last year. Google Cloud revenue rise upto 54% to $4.6 billion.

According to the Pichai statement, “Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone’s digital experience.”

“First, I want to acknowledge that the new Covid-19 variants have been challenging for so many communities across the world,” he said. “I really encourage everyone to get the vaccine when it’s available to you.”

Related Posts

German Carmaker Mercedes recalls one million older cars
Business

German Carmaker Mercedes recalls one million older cars

June 4, 2022
Elon Musk Plans to Cuts 10% of Tesla Jobs
Business

Elon Musk Plans to Cuts 10% of Tesla Jobs

June 3, 2022
Apple Q2 2022 Revenue Report
Business

Apple will Announce Q2 2022 Earnings Report on April 28th

June 21, 2022
ONLINE DIGITAL MARKETING AGENCY
Inflowpedia

TOP 100 ONLINE DIGITAL MARKETING AGENCY

June 21, 2022
Vonage Business Cloud
Inflowpedia

Vonage Business Cloud Review

June 21, 2022
10 necessary things to consider when starting a business
Business

10 necessary things to consider when starting a business

June 21, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Search Here

No Result
View All Result

Popular

  • Zygo Solo

    A Comprehensive Review of Zygo Solo Swimming Headphones

    1616 shares
    Share 646 Tweet 404
  • TOP 100 ONLINE DIGITAL MARKETING AGENCY

    290 shares
    Share 116 Tweet 73
  • Motorola Moto E7i Power Review

    1598 shares
    Share 639 Tweet 400
  • Sony Xperia 10 III Review

    1598 shares
    Share 639 Tweet 400
  • What You Must Know About Flax Seeds

    1236 shares
    Share 1387 Tweet 867
PSL 8 Live Streaming 2023
Inflowpedia

PSL 8 Live Streaming 2023

January 15, 2023
PSL 8 Schedule 2023
Inflowpedia

PSL 8 Schedule 2023

January 15, 2023
11 Best FREE Registry Cleaners for Windows PC
Fix Windows 11 Errors

11 Best FREE Registry Cleaners for Windows PC

January 15, 2023
PSL 8 Live Streaming 2023
Inflowpedia

PSL 8 Live Streaming 2023

January 15, 2023
PSL 8 Schedule 2023
Inflowpedia

PSL 8 Schedule 2023

January 15, 2023
11 Best FREE Registry Cleaners for Windows PC
Fix Windows 11 Errors

11 Best FREE Registry Cleaners for Windows PC

January 15, 2023
Kostenlose Windows Reparatur

UEFITool Download

December 30, 2022
Inflowpedia

T20 World Cup 2022

October 27, 2022
Inflowpedia

© 2022 Inflowpedia PVT LTD - All Right Reserved.

Important Links

  • About Us
  • Disclaimer
  • Terms & Conditions
  • Advertise
  • Careers
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Inspiration
  • Lifestyle
  • Health
  • How To
  • Reviews
  • Science
  • Tech
  • Travel
  • Sports
  • Deals
  • Auto

© 2022 Inflowpedia PVT LTD - All Right Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.