Revenue from Google Cloud is revealed for the first time.

The fourth quarter and annual earnings report of Alphabet, the parent company of Google, have been made public. Although the reports elicited conflicting emotions, the company’s choice to reveal YouTube and Cloud profitability for the first time garnered attention.G Suite, an enterprise version of the company’s productivity tools like Gmail or Google Docs, and cloud infrastructure are part of its cloud business. According to TechCrunch, when these offers are combined, they generated $2.6 billion in revenue, or a $10 billion run rate. Its revenue for the previous year was $1.71 billion, and its run rate increased by 53.6% annually.For the first time, Alphabet also disclosed YouTube’s results, revealing that its advertising income was $15.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy