Google earned $18.9 billion in profit in the second quarter


San Francisco: Google’s parent company Alphabet generated $61.9 billion in revenue for the July-September quarter. With this, the company achieved a profit of $ 18.9 billion.

Google Services revenue reached $59.9 billion, up 41 percent, and Google Search and other advertising revenue was up 44 percent in the quarter to $37.9 million.

The company said in a statement that YouTube advertising revenue of $7.2 billion grew 43 percent due to strength in both direct response and brand advertising.

Google CEO Sundar Pichai said, AI and Google Cloud are helping us drive significant improvements in everyone’s digital experience.

“We have made remarkable progress over the past 23 years, which has benefited from search and related products such as Google Assistant.

Google Cloud revenue grew 45 percent to $5 billion in the third quarter.

“We expect strong growth for both Google Services and Google Cloud in the fourth quarter,” the company said.

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