{"id":310190,"date":"2021-10-27T10:32:31","date_gmt":"2021-10-27T10:32:31","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=331505"},"modified":"2021-10-27T10:32:31","modified_gmt":"2021-10-27T10:32:31","slug":"google-quids-in-on-advertising-with-record-quarter","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/10\/27\/google-quids-in-on-advertising-with-record-quarter\/","title":{"rendered":"Google quids in on advertising with record quarter"},"content":{"rendered":"

<\/p>\n

\tGoogle parent Alphabet posted record profit and a near 50 per cent rise in revenue during Q3, as the company continued to capitalise on momentum in online advertising.<\/p>\n

Revenue of $65.1 billion was up 41 per cent on Q3 2020, while net income rose from $11.2 billion to $18.9 billion, its third quarter of record profit in a row as the advertising business continued to thrive.<\/p>\n

Advertising contributed $53.1 billion to revenue, up from $37 billion.<\/p>\n

Chief business officer Phillipp Schlinder noted on an earnings call some regions were experiencing a fourfold increase in shopping search activity, resulting in a 40 per cent increase in retail advertising revenue.<\/p>\n

Revenue from Google\u2019s other segment, which includes hardware, Play Store and non-advertising YouTube sales, grew from $5.5 billion to $6.8 billion and Google Cloud from $3.4 billion to $5 billion.<\/p>\n

Other bets revenue grew $4 million to $182 million, but its loss increased from $1.1 billion to $1.3 billion.<\/p>\n

In its earnings statement, Alphabet and Google CEO Sundar Pichai claimed the Q3 performance reflected investments made as part of his vision to be an AI-first company.<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
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Google parent Alphabet posted record profit and a near 50 per cent rise in revenue …<\/p>\n

The post Google quids in on advertising with record quarter<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Google quids in on advertising with record quarter - ITTeacherITFreelance.hk","description":"Google parent Alphabet posted record profit and a near 50 per cent rise in revenue ... The post Google quids in on advertising with record quarter appeared firs"},"footnotes":""},"categories":[11,12,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/310190"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=310190"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/310190\/revisions"}],"predecessor-version":[{"id":310191,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/310190\/revisions\/310191"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=310190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=310190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=310190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}