Forum Moderators: goodroi

Message Too Old, No Replies

Alphabet Q2 2020 Revenues $38.3 billion, Down 2pct Y-o-Y

         

engine

4:06 pm on Jul 31, 2020 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



Alphabet has reported revenues of $38.3 billion, down 2% Year-on-Year, on an operating income $6,383 billion, up 17% year-on-year.

“In the second quarter our total revenues were $38.3B, driven by gradual improvement in our ads business and strong growth in Google Cloud and Other Revenues,” said Ruth Porat, Chief Financial Officer of Alphabet and Google. “We continue to navigate through a difficult global economic environment.”


[abc.xyz...]

Previous quarter Alphabet Q1 2020 Revenues $41.16 billion, Up 13pct Y-o-Y [webmasterworld.com]

phranque

3:53 am on Aug 1, 2020 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



i wonder how much of this drop is corporate/business spending and how much is consumer.