Category: Alphabet Inc

Alphabet Inc. revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. But, as is often the case, what Google spends sometimes overshadows what it makes

Alphabet Inc., parent company of the Internet search giant, reported mostly strong fourth-quarter results Monday afternoon. Revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. That was driven by yet another quarter of 20% growth for the company’s colossal advertising business, which now generates more than $116 billion in revenue annually.

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