Google’s parent Alphabet Q4 reports $75 billion revenue

Google’s parent company Alphabet Inc.  Q4 2021 reports $75.3 Billion of revenue. The report has been of months October to December. The company has also reported the results of the fiscal year 2021.

Google’s parent company Alphabet Inc.  Q4 2021 reports $75.3 Billion of revenue. The report has been of months October to December. The company has also reported the results of the fiscal year 2021.

The generated revenue is 32%  from $56.9 billion in the Q4 of 2021. The operating income is at $21.9 billion and net income is at around $20.64 for quarter four. While Alphabet reported $65.1 billion revenue and $18.94 net income, in Q3 2021.

CEO of Google and Alphabet, Sundar Pichai said – “Our deep investment in Artificial Intelligence technologies continues to draw extraordinary experiences for people and businesses”. He added ” Q4 saw ongoing strong growth in our ad business, which support millions of businesses thrive and find new customers, a quarterly sales record for our Pixel phones despite supply constraints, and our Cloud business continuing to grow strongly”, as per sources.

CFO of Google and Alphabet, Ruth Porat said – “Q4  revenues are up 32% year over year, is as of broad-based strength in advertiser spend and consumer online activity, as well growth from Google Cloud”. He also said -“Our investment supported to drive growth by delivering services that people and our partners need. And we continue to invest in long-term opportunities.”

Google-owned Youtube also generated $8.63 billion of revenue in Q4, 2021. The revenue of Google Cloud was $5.54 billion in the same quarter. Google’s other revenue including Play Store and non-advertising YouTube revenues reported $8.16 billion, as per reports.