Alphabet’s Revenue Jumps 15% to $80.5 Billion
Source: New York Times
On Thursday, Alphabet, Google’s parent company, reported strong revenue growth in its latest quarter from its search engine and video platform, YouTube, as its market-leading position in online advertising continued to reap rewards despite recent fluctuations in the industry.Alphabet reported $80.5 billion in quarterly sales, up 15 percent from a year earlier, and above analysts’ estimate of $78.8 billion. Profit…
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