Google ad boom boosts Alphabet profits
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Google parent Alphabet reported its most profitable ever quarter between January and March 2021, driven by strong demand for online advertising, home gaming, and YouTube video content
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Revenue
$55.31bn
+34.4% from Q1 2020
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Net profit
$17.93bn
+162%
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Google Services
$51.18bn
+34.0%
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Sundar Pichai: Chief Executive of Alphabet. “People have turned to Google Search and many online services to stay informed, connected and entertained”
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Other Bets*
$198m
+46.7%
Operating loss
(-$1.15bn)

Google Cloud
$4.05bn
+45.7%
Operating loss
(-$974m)

Other (losses)
(-$109m)
*Includes Verily life sciences, Waymo driverless cars and other Alphabet businesses

Google Services
Made up of Search, Network, Google other, and YouTube

Google Search
$31.88bn

Google Network
$6.80bn

Google other
$6.49bn

YouTube
$6.01bn
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Source: Alphabet Investor Relations, Bloomberg Picture: Associated Press © GRAPHIC NEWS