Alphabet (Google) results: Higher than expected revenue and a cloud gaining weight

Put under pressure by the regulators, the giant of Moutain View bulged the torso and presented quarterly results higher than the expectations of the analysts. 

"  My small business does not know the crisis,  " Bashung sang. If Alphabet, Google's mother's house, is more of a juggernaut, you will understand the spirit of the thing. The Moutain View firm, which may well be upset by the antitrust investigation officially opened by the US Justice Department in recent days, once again earned a lot, a lot of money in the second quarter.

All signals are green at Alphabet

After a first-quarter marked by a slowdown in sales and net profit, Alphabet quickly rebounded. From April to the end of June, the Group generated revenues of $ 38.94 billion, up 20% year-on-year and up from the first quarter of 2019 ($ 36.34 billion). The parent company of Google is better than the forecasts of economists, who had a turnover of 38.14 billion dollars.

Read also: 
Discriminated because of their age, 200 job seekers receive $ 11 million from Google

Alphabet also authorized the repurchase of shares to the tune of 25 billion dollars, which motivated the investors who pushed up the title of nearly 8% this July 25, happy with a profit per action consequent (14, $ 21). Net profit thus reached 10 billion dollars (against 6.66 billion in the previous quarter).

The beautiful shape of the Pixel and Cloud range

Google's revenue is essentially derived from advertising, which earned $ 32.6 billion over the last three months, up 14%. The search engine, which allows advertisers to benefit from personalized targeting, remains a major part of the strategy by concentrating 31% of the global digital advertising market share. A "detail" that has earned him several major convictions in Europe. 

Note that sales of the range of smartphones Pixel are very good since they have been multiplied by two compared to last year. 

Finally, Google continues to develop its activities in the Cloud and this time wanted to let him know. With $ 8 billion in the second quarter for its division, the group saw its revenues jump on the sector.