Google’s parent company reports solid Q3 results

Google’s parent company reports solid Q3 results Alphabet just released its quarterly financial report, and the results are better than expected by analysts. Yearly sales rose 41% to $65.1 billion, while profit between July and September was nearly $19 billion (or $27.99 per share), beating expectations of $24.08 per share.

Q3 2020 (in $ million)
Q3 2021 (in $ million)
Change


Revenue
46.173
65.118
41%


Income
11.247
18.936
68%

The biggest chunk of income comes from Google advertising, with $53.1 billion brought in by the division that includes…