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/ Google's parent company reports solid Q3 results
Google's parent company reports solid Q3 results
Alphabet just released its quarterly financial report, and the results are better than expected by analysts. Yearly sales rose 41% to $65.1 billion, while profit between July and September was nearly $19 billion (or $27.99 per share), beating expectations of $24.08 per share. Q3 2020 (in $ million) Q3 2021 (in $ million) Change Revenue 46.173 65.118 41% Income 11.247 18.936 68% The biggest chunk of income comes from Google advertising, with $53.1 billion brought in by the division that includes...
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