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General

Alphabet revenue up 22% to USD 24.8 bln in Q1

Friday 28 April 2017 | 08:35 CET | News
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Google parent company Alphabet reported sales of USD 24.75 billion in the first quarter, up 22 percent year on year, driven by mobile search revenues and apparently unaffected by the recent YouTube ad boycott by advertisers. The group's net profit was up 29 percent to USD 5.43 billion compared to USD 4.20 billion in the year-earlier quarter. Google itself contributed the vast majority of the sales, with revenues from Alphabet's "Other Bets" including Nest, Verily, Google Fiber and Waymo climbing to USD 244 million from USD 165 million a year earlier. Non-advertising revenues, including cloud

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Categories: General
Companies: Alphabet / Google / YouTube
Countries: World
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