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CEO Sundar Pichai deemed the period "the tale of two quarters," contrasting strong pre-outbreak performance with a sharp decline amid the pandemic.
Google Cloud reported 52% year-over-year revenue growth. Google Cloud CEO Thomas Kurian has previously spoken about plans to triple its salesforce.
YouTube brought in $15 billion in advertising revenue in 2019 — 9 times more than Google paid to acquire the site 14 years ago
Google paid $1.65 billion in 2006 to acquire YouTube — which had around 65 employees — and called it "the next step in the evolution of the Internet."
FINALLY: Google just revealed YouTube’s ad revenue, 14 years after acquiring it, and the video site brought in $15 billion last year
The ad revenue for the platform comprises more than 9% of Alphabet's total revenues of nearly $162 billion in the 2019 fiscal year.
A mounting ‘techlash’ is hurting Alphabet’s profits, and one analyst says spinning off YouTube could be the answer
Needham & Company analyst Laura Martin estimates YouTube could reach a $300 billion valuation as a standalone company.
Google parent Alphabet is set to report 3rd-quarter earnings on Monday. Here’s what Wall Street analysts are saying ahead of the results.
Analysts expect Alphabet to post about $9.72 billion in profit on $32.72 billion in revenue for the third quarter.
‘Cloud killin’ it’: Wall Street is raving about Alphabet’s monster quarter. Here’s what top analysts are saying.
Alphabet, which owns a number of companies including Google and YouTube, attributed its second quarter revenue growth to its cloud business.
Google revealed that its cloud business is on run rate of more than $8 billion, and it plans to triple the size of its salesforce
Alphabet CFO Ruth Porat says that Google Cloud is the company's third-largest driver of revenue growth. Here's how Google Cloud plans to keep growing.
While the hefty $5 billion penalty did have a short-term impact on net income, which came in short of the same quarter last year, analysts on the Street see the fine as merely a small speed bump on the company's long-term trajectory.
Google is constantly promoting the growth of the company's cloud service but on the eve of the company's "Next" cloud conference, CEO Sundar Pichai conceded that all the top players are faring well.