0
Broadband

Google Q2 profit hit by EU fine but cash position unaffected

Tuesday 24 July 2018 | 09:01 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

All operations contributed to the strong results, with Google segment revenues, including Nest, rising to USD 32.512 billion from 25.913 billion the year before, including advertising revenues lifting to USD 28.087 billion from 22.672 billion. Segment revenue also includes non-advertising revenue, including cloud computing services, Pixel-branded smartphones and the Play store; these advanced to USD 4.425 billion from 3.241 billion. Revenues from "Other Bets" leaped to USD 145 million from 97 million; this stream includes Verily, Google Fiber and Waymo. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

Add 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 revenues advance 21% in Q3 boosted by mobile search

Published 26 Oct 2018 09:16 CET | World
Google parent company Alphabet reported stronger revenues and profit in the third quarter, with the positive momentum helped by ...

Google files appeal against EUR 4.3 bln EU fine

Published 10 Oct 2018 10:49 CET | Europe
Google said it has no plans to ask for interim measures to pause the application of penalties. This means the company will have ...

Google unveils Pixel 3 smartphones with bigger screens, more AI

Published 09 Oct 2018 17:57 CET | World
Google has unveiled its new Pixel 3 and Pixel 3 XL smartphones. As expected, the new Pixel smartphones are bigger and more ...

US senator urges FTC to probe Google ads

Published 31 Aug 2018 10:40 CET | United States
A Republic senator has asked the Federal Trade Commission to investigate possible antitrust breaches by Google involving its ...

Google plans outdoor advertising push in Germany using location data - report

Published 14 Aug 2018 09:55 CET | Germany
Google is looking to expand its business in Germany by entering the outdoor advertising market, 'Wirtschaftswoche' has learned ...

Alphabet Q2: ad business running at full steam, EU fine serves as warning

Published 25 Jul 2018 13:10 CET | World
Alphabet managed to maintain growth of over 20 percent in Q2 2018. While the gross margin fell and the EU fine put a dent in the ...

Google fined EUR 4.3 billion for abusing dominant position in Android apps market

Published 18 Jul 2018 13:00 CET | Europe
The European Commission has confirmed a EUR 4.34 billion competition fine against Google for abusing its dominant position. The ...

Alphabet revenues jump 26% in Q1, helped by new accounting rules, currency effects

Published 24 Apr 2018 08:44 CET | World
Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, ...