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Wednesday 26 April 2023

Alphabet Q1 report reveals increase in Google Pixel sales

Alphabet, the parent company of Google, posted its first quarterly report for 2023, revealing a slight increase in total revenue. The “Google other” segment that includes the Google Pixel 7, 7 Pro, 6A, and Watch sales, saw an 8.8% increase in revenue on a yearly basis. Google CEO said the company is “pleased” with performance in Q1 - Search performed well, while the Cloud business gained momentum, bringing operating profit for the first time since the establishment of the division. YouTube is taking a hit from TikTok, but ad revenue on the video platform reached $6.69 billion, which...

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