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Home Tech Google Records Huge Profit In Q4 2020

Google Records Huge Profit In Q4 2020

The Google’s parent company, Alphabet has released its financial report for 4th quarter of 2020. The company claimed that the Google search and YouTube add a lot in the profits of Google during the Q4 2020.

According to the official financial report of the company, Google earned total revenue of $56.9 from October to December 2020 which is a 23% increase as compared to previous year’s revenue during the same period which was $46.1 billion.

According to Chief Financial officer, Alphabet, the credit goes to YouTube and Google Search for increase in profits. He states:

“Driven by Search and YouTube, as consumer and business activity recovered from earlier in the year”

According to the statistics of financial report, Google services earned $52.9 billion and Google Cloud generated $3.8. The other services of the Google and Alphabet generated $182.5 billion during the year. Google Search made revenue of $31.9 billion and YouTube earned $6.9 billion during the Q4 2020.

گوگل کی پیرنٹ کمپنی ، الفبیٹ نے 2020 کی چوتھی سہ ماہی کے لئے اپنی مالیاتی رپورٹ جاری کی ہے۔ کمپنی نے دعوی کیا ہے کہ کیو 4 2020 کے دوران گوگل سرچ اور یوٹیوب نے بہت منافع کمایا۔

کمپنی کی سرکاری مالیاتی رپورٹ کے مطابق ، گوگل نے اکتوبر سے دسمبر 2020 تک مجموعی طور پر 56.9 ڈالر کی آمدنی حاصل کی جو اس عرصے کے دوران گذشتہ سال کی آمدنی کے مقابلے میں 23 فیصد اضافہ ہے جو 46.1 بلین ڈالر تھی۔

چیف فنانشل آفیسر ایلفابیٹ کے مطابق ، منافع میں اضافے کا سہرا یوٹیوب اور گوگل سرچ کو جاتا ہے۔ ان کا کہنا ہے

“گوگل اور یوٹیوب کے ذریعہ یہ سب ہوا ، کیونکہ صارف اور کاروباری سرگرمی اس سال کے شروع سے زجادہ ہوئی ہے”

مالیاتی رپورٹ کے اعدادوشمار کے مطابق ، گوگل سروسز نے 52.9 بلین ڈالر اور گوگل کلاؤڈ نے 3.8 ڈالر کی آمدنی حاصل کی۔ گوگل اور الف بے کی دیگر خدمات نے سال کے دوران 182.5 بلین ڈالر کی رقم حاصل کی۔

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