Google Parent Company Sees Sales Grow Significantly
Google Parent Company Sees Sales Grow Significantly. Alphabet, the parent company of search giant Google, saw its turnover grow to $ 31.16 billion in the past quarter, posted by EYE News.
This is evident from the most recent quarterly figures published by the company. Sales grew by no less than 26 percent compared to the same quarter a year earlier.
Most sales at Google came from the advertising branch, which generated $ 26.6 billion. The branch of the company responsible for hardware projects such as Pixel phones and the Nest thermostat was able to convert 4.3 billion.
Net revenue at Google amounted to 9.4 billion dollars. A year earlier the counter still stood at 5.4 billion dollars.
The company performed slightly better than many investors had expected. Stock analysts counted on turnover of 30.36 billion dollars.