Home News Alphabet makes $39.27 billion profit

Alphabet makes $39.27 billion profit

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Google’s parent company made $39.27 billion profit in the last three months of 2018.

Shares prices soared despite the significant increase in the company’s profit.

Alphabet earned 22% more revenue in 2018 compared to the same period the year before.

The company stated on Monday that it made $8.9 billion profit.

Company’s profit in 2018 increased by 20% in the US while it went up by 29% in Europe, the Middle East, and Africa with the strengthening of euro and pound.

 

 

 

 

 


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