Jul 28, 2021 11:56:00

Google hit a record high with revenue of 6.8 trillion yen, YouTube advertising revenue is 770 billion yen, and the cloud business is steadily growing

Alphabet, Google's parent company, has released its financial results for the second quarter of 2021 (April-June). In the second quarter of 2020, the outbreak of the new coronavirus infection (COVID-19) caused a decline in overall Alphabet revenue, but revenue in the second quarter of 2021 increased 62% year-on-year. It is a record high of 61,088 million dollars (about 6.8 trillion yen).

Alphabet Announces Second Quarter 2021 Results
(PDF file) https://abc.xyz/investor/static/pdf/2021Q2_alphabet_earnings_release.pdf

Alphabet's second-quarter 2021 revenue was $ 61,088 million, up 62% year-over-year, and final profit was about 2.7 times higher than $ 6,959 million in the second quarter of 2021. It reached a record high of $ 18,525 million (about 2 trillion yen).

Looking at revenue by sector, Google search-related business recorded the highest revenue of $ 35,845 million (about 3.9 trillion yen), and YouTube advertising revenue was $ 7,002 million (about 7,700). The revenue of the cloud-related business is 4,628 million dollars (about 508.1 billion yen).

In addition, Google's cloud-related business recorded an operating loss of $ 1,426 million (about 156.6 billion yen) in the second quarter of 2020, but in the second quarter of 2021, the operating loss was 59100. It is limited to 10,000 dollars (64.9 billion yen). Technology media

Silicon ANGLE said, 'Google continues to invest heavily to catch up with Amazon, which is number one in the cloud industry, and Microsoft, which is number two in the cloud industry. Operating loss in the second quarter of 2021 decreased year-on-year. That fact shows that Google has the potential to grow its cloud business to the scale it had promised in the past, 'he said , pointing out that Google's cloud business is growing steadily.

In the earnings report, Google CEO Sundar Pichai said, 'In the second quarter of 2021, we saw an increasing trend in online activity in many parts of the world. Our service is so many. We are proud to have helped our users and businesses. Long-term investments in AI and cloud businesses have helped significantly improve the digital experience of people around the world. '