Google, thanks to the advertising engine, revenues of 65.1 billion, up by 41%
The parent company of Google, Alphabet, beat expectations with a profit in the third quarter from $ 18.9 billion, thanks to the prosperity of his online advertising engine and cloud services. THE revenues, equal to 65.1 billion dollars, they have exceeded by about 41% those of the same period last year.
The world leader in online advertising, the subject of numerous investigations and prosecutions on suspicion of anti-competitive practices, continue to collect more revenue thanks to both YouTube and its search engine.
From July to September, its video service sold $ 7.2 billion of advertising spaces finely targeted by content and users, compared to 5 billion in the same period last year. Meanwhile, the cloud business has achieved nearly $ 5 billion in revenue, up 45% in one year.
“Digital transformation and the transition to hybrid work (in the office and remotely, ed) continue and our cloud services help businesses collaborate“, the number one Sundar Pichai said in a statement. For the current quarter, that of the year-end holidays, Alphabet hopes to find a place in the smartphone market as wellAnd. This month it released Pixel 6, a new line of devices with a Google-designed processor and plenty of artificial intelligence features.
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