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After Apple, its for Google to deliver massive growth

After Apple, its for Google to deliver massive growth

AI technologies continue to drive Google’s and Alphabet’s growth with the company’s businesses registering record revenues.

“Our deep investment in AI technologies continue to drive extraordinary and helpful experiences for people and businesses, across our most important products.

“Q4 saw ongoing strong growth in our advertising business, which helped millions of businesses thrive and find new customers, a quarterly sales record for our Pixel phones despite supply constraints, and our Cloud business continuing to grow strongly.” -Sundar Pichai – CEO of Alphabet and Google

Alphabet, Google’s parent company, has just released its Q4 2021 results, which include results for the entire fiscal year 2021.

Advertising Strength

Alphabet earned $75.3 billion in its most recent fiscal quarter, a 32% increase over the same quarter in 2020.

Alphabet earned $257.6 billion in fiscal year 2021, a 41 percent increase over the $182.5 billion earned in fiscal year 2020.

Google attributed its revenue growth in fiscal Q4 to “broad-based strength in advertiser spending and strong consumer online activity, as well as significant ongoing revenue growth from Google Cloud.”

Google reached a quarterly sales record for Pixel phones despite supply chain constraints.

Because Pixel revenue falls under a broader revenue category so it’s difficult to find in the results, it is difficult to get more information on the phone’s performance.

Photo from: The Pancake of Heaven!