Holding Alphabet, which is responsible for controlling companies such as Google, DeepMind, Waymo, Waze Mobile and others, officially announced this week its financial results for the second quarter of 2019, ending June.
According to the broadcast dedicated to updating investors on their numbers, the company led by Larry Page and Sergey Brin was able to record total revenues of $ 38.9 billion over the period, which was higher than predicted by Wall Street experts, who estimated the result. at $ 38.2 billion.
When compared to the same period last year, this result represents a growth of 19%. As for the net profit, the result was also positive, which is estimated at the US $ 9.95 billion, against an expectation of the US $ 8.02 billion.
Most of the revenues in question are related to the sale of advertising (around 85% of the total), but one thing that drew attention was the numbers related to the Pixel line, with Pixel 3aand Pixel 3a XL being responsible for doubling. sales in the annual estimate.
In addition to the favorable growth for the Pixel line, Sundar Pichai also revealed that the cloud storage service performed well, recording a total of $ 8 billion over the same period, well above last year’s release of $ 8 billion. 1bi in February 2018.
Another point made during the presentation was that the company is aware of the increasing demands on governments for privacy, market competition and more, with the promise that the company has been trying to use the questions as learning for improvement. internal.