Alphabet revenue dropped in Q2 2020, the first decline since going public

Alphabet revenue dropped in Q2 2020, the first decline since going public

Alphabet’s Q2 sales fell for the first time in its 16 years but stood better than expectations. Its overall Q2 revenue was $38.3bn, down 2% y-o-y. Analysts had estimated a 4% decline to $37.37bn. ~66% of Alphabet’s revenue came from Google search & YouTube ads, 12% from ads sold on partner properties, 8% from cloud business, and 14% from its mobile app store and balance from smaller businesses.

KCooper
KCooper
Bayou Man
Bayou Man 2 weeks

Deleted Google, there are lots of "REAL" American companies with American values to choose from!

filthynice 88
filthynice 88 2 weeks

What's not being said is they've put the majority of marketing(not just advertising) on autopilot..and that lil endeavor isn't doing so well

Cole Erdmann
Cole Erdmann 2 weeks

yay!

Unity.Nat
Unity.Nat 2 weeks

Good. Let the monopolies collapse. No bail out this time

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