January 24, 2021
Hot Topics:

Alphabet Revenue Climbs 26% to Beat Estimates

  • By Developer.com Staff

Google's parent company, Alphabet, has announced that it generated $32.66 billion in revenue during the second quarter, a 26 percent year-over-year increase that beat analyst expectations. Its "other revenue" category, which includes its cloud computing business, climbed 37 percent to reach $4.43 billion. The company's shares rose after the news broke, and the firm is now inching closer to being worth $1 trillion.

In other Google news, the company also announced new programs for software as a service (SaaS) companies that use its cloud computing services. It has a Marketing Development Fund that will give financial incentives to companies that use its cloud services, as well as a program that will offer technical help to keep apps running optimally on the Google Cloud Platform.

View article

This article was originally published on July 24, 2018

Enterprise Development Update

Don't miss an article. Subscribe to our newsletter below.

Thanks for your registration, follow us on our social networks to keep up-to-date