GLast quarter, oogle benefited a lot from the growing online activities of Internet users and businesses. The turnover of the parent company Alphabet increased by 62% year-on-year to approximately US$61.9 billion (EUR 52.4 billion). In terms of profit, as Alphabet announced after the US market closed on Tuesday, it jumped from just under 7 billion US dollars a year ago to 18.5 billion US dollars.
Online advertising in Google’s search engine and other areas is still the backbone of the business. Google’s advertising revenue in the second quarter increased by approximately 69%, reaching $50.4 billion. The video platform Youtube brought in $7 billion-$3.8 billion a year ago.Sales of cloud services come from Google This has increased by more than half, reaching US$4.6 billion.
The quarterly data exceeded analyst expectations, and the stock price rose by 2% from time to time in after-hours trading.
