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The bit about mobile video revenue is not true. "Today, Google parent Alphabet Inc. reported a record $65.1 billion in revenue during the third quarter of 2021
by cm2012 5y ago
The bit about mobile video revenue is not true.
"Today, Google parent Alphabet Inc. reported a record $65.1 billion in revenue during the third quarter of 2021, with the company’s advertising business increasing 43.2% to $53.1 billion. Quarterly search advertising made up the bulk of revenue with $37.9 billion in the third quarter, rising from $26.3 billion during the same period in 2020. YouTube ads accounted for another $7.2 billion—up from $5 billion in Q3 2020—and Google’s ad network revenue brought in $7.9 billion."
- dekhn 5y agoI used to work there and I think my statement is technically correct, regardless of what the breakdown in the earnings say. Oh, sorry- I should have said "profit", not "revenue".