0
Broadband

Google grows revenues 18% in Q4

Tuesday 2 February 2016 | 08:23 CET | News
Google has for the first time disclosed how much it earns from its main advertising and information business and how much it loses on "other bets". Its parent company Alphabet reported that "other bets" cost the company an operating loss of USD 3.567 billion last year and contributed revenues of only USD 448 million. The main Google business recorded an operating profit of USD 23.425 billion on revenues of USD 74.451 billion. In the fourth quarter, the total group posted revenues up 18 percent year-on-year to USD 21.329 billion. Net profit rose to USD 4.923 billion or USD 7.06 per share from

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet
Companies: Alphabet / Google
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Alphabet revenue up 22% to USD 24.8 bln in Q1

Published 28 Apr 2017 08:35 CET | World
Google parent company Alphabet reported sales of USD 24.75 billion in the first quarter, up 22 percent year on year, driven by ...

Google paid Apple USD 1 bln for search on iPhone - report

Published 22 Jan 2016 09:51 CET | World
Google received USD 1 billion from Apple in 2014 to carry its search bar on the iPhone, reports Bloomberg, based on transcripts ...

Google hires US govt advisor to help fight EU allegations

Published 13 Jan 2016 09:09 CET | World
Google has hired Caroline Atkinson, a former senior advisor to President Barack Obama, to lead its global public policy team, the ...

Google names VP for virtual reality

Published 13 Jan 2016 08:49 CET | World
Google is forming its own dedicated division for virtual reality computing, and CEO Sundar Pichai is moving over a key deputy, ...

Google takes new CFO from Morgan Stanley

Published 18 Dec 2015 09:31 CET | World
Google has named Ruth Porat, currently head finance officer at Morgan Stanley, its new CFO. Porat joined Morgan Stanley in 1987. ...

Google driverless car unit will go under Alphabet in 2016

Published 17 Dec 2015 09:48 CET | United States
Google's self-driving cars unit will become a stand-alone business next year, under the Alphabet corporate umbrella, Bloomberg ...

Google Pixel-C tablet goes on sale

Published 09 Dec 2015 09:08 CET | World
Google announced that it's Pixel-C tablet is now on sale on the Play Store, in time for delivery for Christmas. Announced in late ...

Google creates new holding company Alphabet

Published 11 Aug 2015 08:20 CET | World
Google announced plans to create a new holding company called Alphabet, with Google as just one of several subsidiaries of the ...





Calendar   /   Industry Events

27 Jan Comcast Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Company Q4 2021
28 Jan Telia Lithuania Q4 2021
31 Jan KPN Q4 2021
31 Jan NEC fiscal Q3
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb A10 Networks Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb EA fiscal Q3
01 Feb Alphabet Q4 2021
01 Feb AudioCodes Q4 2021
01 Feb Tele2 Q4 2021
02 Feb Qualcomm fiscal Q1
02 Feb Vodafone fiscal Q3
02 Feb Telenor Q4 2021
::: More Calendar Items