Wednesday, October 27, 2021

Google's parent company reports solid Q3 results

Alphabet just released its quarterly financial report, and the results are better than expected by analysts. Yearly sales rose 41% to $65.1 billion, while profit between July and September was nearly $19 billion (or $27.99 per share), beating expectations of $24.08 per share. Q3 2020 (in $ million) Q3 2021 (in $ million) Change Revenue 46.173 65.118 41% Income 11.247 18.936 68% The biggest chunk of income comes from Google advertising, with $53.1 billion brought in by the division that includes...



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