Thursday, April 15, 2021

Google’s 2Q Earnings Rise as Clicks on Ads Soar

BusinessWeek: For the quarter ending in June, Google reported net income of $2.8 billion, or $8.42 per share, up from $2.5 billion, or $7.68 per share, a year ago. Revenue totaled $12.2 billion, a 35 percent increase. However, much of that revenue increase came as a result of the company’s acquisition of Motorola Mobility.

One high point of the company’s report was that ad clicks climbed 42 percent year-over-year. “We’re serious about providing more intelligent results,” said Google’s Susan Wojcicki. “We’re moving beyond a search engine that just matches strings of words to one that understands people, the world, the way people do.”

Google CEO Larry Page was absent from the earnings conference call as he continues to recover from unspecified throat problems, which have been impacting his appearances for more than a month.

Similar articles

Latest Articles

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...

The Conversational AI Revolution:...

One of the things I’m looking forward to seeing at next week’s NVIDIA GTC event is an update on their Conversational AI efforts. I’m fascinated...

Edge Computing

Edge computing is a broad term that refers to a highly distributed computing framework that moves compute and storage resources closer to the exact...