Alphabet reported quarterly revenue of $77 billion, up 11% over the same period last year.
Google Cloud accounted for $8.411 billion, compared to $6.868 billion a year ago.
Sundar Pichai, CEO, said: “I’m pleased with our financial results and our product momentum this quarter, with AI- driven innovations across Search, YouTube, Cloud, our Pixel devices and more. We’re continuing to focus on making AI more helpful for everyone; there’s exciting progress and lots more to come.”
Ruth Porat, President and Chief Investment Officer; CFO said: “The fundamental strength of our business was apparent again in Q3, with $77 billion in revenue, up 11% year over year, driven by meaningful growth in Search and YouTube, and momentum in Cloud. We continue to focus on judicious capital allocation to deliver sustainable financial value.”
