What does Google earn?

Alphabet shared with investors its financial results for the last quarter of 2019. Google's owner recorded $ 46.07 billion. revenue and for the first time in 15 years shared the results of YouTube.

Stating that Google is doing great is a very gentle approach. Alphabet's revenues of $ 46.075 billion mean a 17% increase over the same quarter a year ago. What's more, these revenues translated into operating profit of $ 9.27 billion. It is not clear why the value of Alphabet shares fell by three percent. after publication of the results.

Google Cloud is becoming an increasingly important part of Google. Still far behind Amazon Web Services or Microsoft Azure , it nevertheless provided the company with $ 10 billion. annual income (2.6 billion for the last quarter). It was a great year for Google overall: the past four quarters have provided the company with $ 162 billion. revenue, which means an 18% increase over the previous year.

As always, most of the revenue is related to online advertising. For the first time in over a decade, Alphabet has decided to present specific numbers related to the YouTube service. There is only one comment on your mouth: fiu fiu!

YouTube Premium already has 20 million subscribers

YouTube Music in Poland

Revenue from ads displayed on YouTube translated into $ 5 billion. last quarter revenue and $ 15 billion for the whole year. To give this number the right context: YouTube advertising revenue is 20 percent Facebook revenue and a six times higher amount than the revenue belonging to Amazon's Twitch service.

However, not everyone wants to watch ads - fortunately for Google, YouTube Premium seems to be a great success, closing the current year with 20 million subscribers. In addition, YouTube TV service not available in Poland (and in most markets) has 2 million users.

Google's equipment is not just a market curiosity. Although it's not expensive, Pixel 4 is responsible for its success.

Unfortunately, Alphabet did not decide to provide the exact amounts, so we have to take our word for CEO Sundar Pichai, who made a presentation presenting financial results, that Google's hardware department provides revenue of billions of dollars . In fact, the only specific number we can read from the report that is somehow related to the hardware is the amount Google paid to Android app developers: it is over $ 80 billion.

Mr. Pichai, however, was kind to point out devices that are doing particularly well. These are Nest Mini and Nest Hub Max, as well as Pixel 3a . No Pixel 4 is mentioned at any time, which suggests that Google's flagship phone did not do very well.

What does Google earn?


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