Alphabet has reported Q4 and Year end results with Q4 revenues of $76 billion, up 1% Year-on-Year, on an operating income $18.1 billion, with net income of $13.6 billion.

Year end 2022 revenues of $282.836 billion, up 10% Year-on-Year, on an operating income $78.714 billion, with net income of $76.033 billion.

Sundar Pichai, CEO of Alphabet and Google, said: “Our long-term investments in deep computer science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about to unveil in Search and beyond. There’s also great momentum in Cloud, YouTube subscriptions, and our Pixel devices. We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet.”

Alphabet Announces Q4 2022 Results (PDF) [abc.xyz...]

Earlier story Alphabet Q3 2022 Revenues $69.09 billion, Up 6pct Y-o-Y [webmasterworld.com]