Google 2Q2019: revenue +19%, cloud business has brought more than $2 billion for quartarolo Blinkova | 29.07.2019
Revenue Google (googl) rose in the second quarter of the current year by 19% and reached $38,94 billion, about 85% of the income brought to the advertising business. Analysts had expected a smaller, predicting growth
16.8% to $38,17 billion.
Cloud business Google Cloud brought the company more than $2 billion per quarter (for this reason the company’s management stressed that cloud services bring the company more than $8 billion per year).
The company plans to triple the number of employees in this area over the next couple of years.
Profit in the second quarter rose to $9.95 billion (last year same quarter ended with a profit of $3.2 billion).
the financial results of companies
Journal: Journal IT-News, Subscription to magazines
