Friday, 23 October 2015

Google beats expectations and turns huge profits.

The 3rd quarter of 2015 brought Google goodies that they love. The 3rd quarter of 2015 is among their best in the history. Google's revenue for this particular quarter is $18.7 billion, a increase of about 13% over last year. The websites of Google brought in about $13 billion of those while that sums up a increase of 16% over the last year.

Net income also improved a lot at $3.98 billion, while last year the figure was $2.74 billion.

Ruth Porat, CFO of Alphabet Inc. and Google, stated:

Our Q3 results show the strength of Google's business, particularly in mobile search. With six products now having more than 1 billion users globally, we're excited about the opportunities ahead of Google, and across Alphabet.


News credits: Gsmarena.

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