Google allows users to search the Web for images, news, products, video, and other content. Google parent Alphabet Inc. posted a record $56.9 billion revenue, up from $43.2 billion a year ago. The revenue … In comparison, the latest e-commerce statistics show that Amazon, another giant company, had a revenue of $96.15 billion in 2020. Google’s ad revenue for search will drop from a 61.3% share in 2019 to a 58.5% share in 2020. Beating analysts’ expectations, the search engine giant posted total revenue of $46.2 billion. The company’s advertising units pulled in $46.2 billion, up nearly 22% from a year earlier. Google parent company Alphabet reported Q1 2020 earnings, including revenue of $41.2 billion, net income of $6.8 billion, and earnings per share of $9.87. The other operating segments have been combined and disclosed as Other bets. In terms of operating segments, Google is the only reportable segment that meets the quantitative thresholds required to report segments. Google Cloud revenues were $13.1 billion for 2020, with significant ongoing momentum, and we remain focused on Google is one of the most valuable public companies in the world, after Amazon and Apple. https://www.cnn.com/2020/10/29/tech/google-earnings-antitrust-section-230 Google reported its weakest revenue growth in nearly five years in the first quarter as the pandemic-driven recession began to … Ruth Porat, CFO of Google and Alphabet, said: “Our strong fourth quarter performance, with revenues of $56.9 billion, was driven by Search and YouTube, as consumer and business activity recovered from earlier in the year. This sets it up as one of the biggest companies in the world today. https://www.investopedia.com/google-q4-2020-earnings-5101250 First published on Tue 28 Apr 2020 17.03 EDT. Google: Revenue by Segment 2020. Google parent Alphabet on Thursday reported its Q3 2020 earnings. 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