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COVID-19 Keeps Google From Monetizing Users, Despite Skyrocketing Demand
Alphabet had a surprisingly strong performance in Q1 2020, with revenues up 13% from last year to a total of $41.2 billion, according to the company’s earnings report on Tuesday. YouTube revenue passed $4 billion in Q1, up from $3 billion a year ago. But Google is preparing for a much tougher Q2. “Q1 was… Continue reading »
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Alphabet Posts $41.2 Billion Q1 Revenue Amid ‘Significant Slowdown’
Alphabet, the parent company of Google, today reported revenues of $41.2 billion for the opening quarter of 2020, a period when the global economic impact of Covid-19 was beginning to make itself felt. Total revenue for the period was up 13% year over year, down from the 17% revenue growth the online advertising behemoth recorded…