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Google’s rise helps Alphabet post $32.32 bn in revenue

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7 years ago

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San Francisco, Feb 2 (IANS) Riding on Google’s growing ad business, Alphabet Inc posted $32.32 billion in revenue for the fourth quarter of 2017 — up 24 per cent (year-on-year) from $26.06 billion during the same quarter in 2016.

After deducting its traffic acquisition costs, Google’s revenue alone was $25.87 billion.

Overall, Alphabet posted revenues of $110.9 billion for 2017 — up 23 per cent year-on-year.

“Our full year operating income growth continues to underscore our core strength, and on top of this, we continue to make substantial investments for the long-term in exciting new businesses,” Ruth Porat, Chief Financial Officer of Alphabet, said in a statement late on Thursday.

Alphabet’s adjusted net income for the quarter was $6.84 billion — compared to $5.33 billion during the same quarter previous year.

Google’s Cloud business and its hardware revenue reached $4.69 billion, from $3.4 billion in Q4 of 2016.

Google’s Cloud business now generates over $1 billion per quarter, said CEO Sundar Pichai during the investors’ call.

“Google Cloud Platform is the fastest growing major Public Cloud provider in the world,” Pichai said.

Google Cloud Platform is behind Amazon Web Services (AWS) and Microsoft’s Azure in the Public Cloud market.

He also added that the company sold tens of millions of Chromecast and Google Home devices in 2017.

According to media reports, Google, however, missed profit expectations, reporting $9.70 per share. Analysts had expected $9.96 per share.

–IANS
na/in

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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