+ Friday August 23rd, 2019

There’s a dollar amount beyond which ones eyes basically glass over, and reading Alphabet Inc’s quarterly earnings reports pretty much gets me there. It should be no surprise that Alphabet Inc makes a tonne of money, and for many, quarterly earning statements really aren’t too interesting.

However, for those who do like facts and figures, here’s the highlights from the Alphabet Inc Q4 2018 earnings report:

  • Google and the other companies earned $39.27 billion, up 22% from the same quarter last year.
  • Revenue is up 22% from $32.3 billion in Q4 2017, with net income at $8.94 billion for this quarter.
  • For comparison, Alphabet reported $33.74 billion in revenue and a $9.19 billion in net income last quarter.

Major factors during Q4 2018 are the announcement of new Pixel devices, Google’s new Smart Home devices including Home Hub, and shuttering other devices like the Chromecast Audio.

For further information you can watch the earnings call on YouTube below:

 

Chris Rowland   Managing Editor

Chris Rowland

Chris has been at the forefront of smartphone reporting in Australia since smartphones were a thing, and has used mobile phones since they came with giant lead-acid batteries that were "transportable" and were carried in a shoulder bag.

Today, Chris publishes one of Australia's most popular technology websites, Ausdroid. His interests include mobile (of course), as well as connected technology and how it can make all our lives easier.

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