YouTube Ad Revenue Helps Google Report Net Income of $5 Billion Last Quarter

To predict the future, just follow the $$$$.

On revenues of $22.4 billion, Alphabet, the parent company of Google — itself the parent of YouTube — and “Other Bets” (the company’s catch-all for everything but Google and its subsidiaries) saw GAAP (generally accepted accounting principles) net income of $5 billion.

Read more from the original source here: http://ift.tt/2eU0GV4

Share This

About the author

Mike Dias is a Sales Director for Logitech. He specializes in consumer electronics & pro audio with an expertise in headphones & portable audio. He has over 15 years of experience selling custom handcrafted in-ear monitors.

View all articles by Mike Dias