Skip to main content

Alphabet reports more than $75 billion in Q4 revenue, record Pixel sales

The Pixel finally has its moment to shine.

What you need to know

  • Alphabet announced its fourth-quarter financial earnings on Tuesday.
  • The company made more than $75 billion in Q4 and nearly doubled its yearly revenue.
  • CEO Sundar Pichai notes that the Pixel had record quarterly sales.

Google's parent company, Alphabet, announced its fourth-quarter financial earnings on Tuesday, raking in more than $75 billion in revenue. Much of that was from Google's Search business and ads, but the Pixel 6 managed to make a dent.

Unsurprisingly, Search was the biggest contributor, bringing in more than $43 billion, with YouTube ads managing over $8.6 billion in revenue. This comes shortly after the company announced a staggering five trillion views of its ever-growing YouTube Shorts. The company has been pumping money into the medium through initiatives like the Shorts Creator Fund, which helps creators make money off their content through compelling Shorts.

Google is also winding down YouTube Originals content as it turns its focus towards helping creators.

As for Google Cloud, Alphabet has continued to pump money into the business at a loss, although it has seen some upside though the year as losses narrowed. Revenue also grew this quarter for the division when compared to Q3 2021 earnings. However, in the fourth quarter, the division operated at a higher loss of $890 million compared to last quarter, which is still an improvement over the same quarter last year.

CEO Sundar Pichai notes in the press release that the company's latest Pixel phones manage to defy the odds with a record-breaking quarter, despite the phones being relatively hard to come by in the early days as a result of the chip shortage:

"Our deep investment in AI technologies continues to drive extraordinary and helpful experiences for people and businesses, across our most important products. Q4 saw ongoing strong growth in our advertising business, which helped millions of businesses thrive and find new customers, a quarterly sales record for our Pixel phones despite supply constraints, and our Cloud business continuing to grow strongly.

Record Pixel sales are also notable given the bevy of issues the latest Pixel flagships have fun into, but it shows that the drastic redesign and Google's aggressive marketing have been enough to entice users to look past the problems.

Pixel Power

Google Pixel 6

$599 at Amazon $549 at Best Buy $599 at Google

Worth a look

The new Pixel 6 is one of Google's latest smartphones, offering a unique design, upgraded 50MP camera, and powerful Tensor chip. With the Pixel 6, you'll be among the first to try out new Android features, and you'll get years of support from Google.



Source: androidcentral

Popular posts from this blog

The hidden cost of food delivery

Noah Lichtenstein Contributor Share on Twitter Noah Lichtenstein is the founder and managing partner of Crossover , a diversified private technology fund backed by institutional investors, technology execs and professional athletes and entertainers. More posts by this contributor What Studying Students Teaches Us About Great Apps I’ll admit it: When it comes to food, I’m lazy. There are dozens of great dining options within a few blocks of my home, yet I still end up ordering food through delivery apps four or five times per week. With the growing coronavirus pandemic closing restaurants and consumers self-isolating, it is likely we will see a spike in food delivery much like the 20% jump China reported during the peak of its crisis. With the food delivery sector rocketing toward a projected $365 billion by the end of the decade, I’m clearly not the only one turning to delivery apps even before the pandemic hit. Thanks to technology (and VC funding) we can get a ri

Technics EAH-AZ60 review: Contending in stunning fashion

Technics serves notice that everyone should notice these earbuds. Technics ventured into the wireless earbuds category to go after the big dogs in the race. Think of the likes of Sony, Bose, and Sennheiser on sound quality, as well as the best you can find on design and functionality. It's a combination that comes at a price, but if done right, it gets easier to justify spending more. That's the case Technics makes with its EAH-Z60 earbuds. Its newest pair aims to take what the company has done in the past and make it even better. The results are easy to like and are significant enough to consider them as serious contenders. Technics EAH-AZ60 review: Price and availability What's good What's not good The competition Should you buy? At a glance Technics EAH-AZ60 Bottom line: Technics didn't just do one thing right with the EAH-AZ60. It covered almost the whole gamut of what makes wireless earbuds feel and sound exceptional. As a result, the p

Top Stories: Apple Event Preview, iPad Pro With M4 Chip Rumor, New Beats Headphones, and More

It's been a long time since the last one, but an Apple event is finally right around the corner! While it's anticipated to be a fairly short pre-recorded affair, we're expecting to see the first updates to the iPad lineup in over a year and half, so make sure to tune in to see what Apple has in store. Other news and rumors this week included a couple of product introductions from Apple's Beats brand, a roundup of rumors about updates to Apple's stock apps coming in iOS 18, and more changes to Apple's policies in the EU related to the Digital Markets Act, so read on below for all the details! What to Expect From the May 7 Apple Event Apple's first event of 2024 kicks off on Tuesday, May 7, at 7 a.m. Pacific Time, and we've put together our usual pre-event guide outlining what we're expecting to see on Tuesday. Several new products are expected to be unveiled, including two new iPad Pro models, two new iPad Air models, an updated Apple Pencil,

Top Stories: Apple Event With New iPads, Apple Pencil Pro, and More

Apple's "Let Loose" event this week went off largely as expected, headlined by new iPad Pro and iPad Air models. The updated higher-end devices are complemented by some new accessories, while Apple also tidied up the lower-end of the lineup a bit, so read on below for all the details! Everything Announced at the Apple Event Apple held its first event of the year this week to announce several new devices and accessories, including new iPad Pro models with OLED displays and the M4 chip, new 11-inch and 13-inch iPad Air models, the Apple Pencil Pro, and a redesigned Magic Keyboard for the iPad Pro. The event ran for nearly 40 minutes, but we have shared a video recapping the key announcements in just eight minutes . Check out all of our event coverage to learn more about the new products. Apple Announces New iPad Pro With M4 Chip, OLED Display, and More The new 11-inch and 13-inch iPad Pro models feature the M4 chip, OLED displays with increased brightness,