Remove .Net Remove Advertising Remove Development
article thumbnail

Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

.Net 130
article thumbnail

Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

.Net 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Google parent company Alphabet sees its first revenue decline in history

The Verge

Net income dropped from $9.9 One bright spot was YouTube, where advertising revenue rose from $3.6 Google “other revenues,” which includes its hardware, Play Store, and non-advertising YouTube revenues — reported $5.12 Developing. Total revenue for the quarter was $38.3 billion, versus the $37.4 billion a year ago, to $6.9

Google 124
article thumbnail

YouTube brings in $5 billion in ad revenue as Alphabet and Google bounce back

The Verge

Google parent company Alphabet’s third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. This quarter, the advertising rebound in both search and YouTube helped drive the revenue, Ruth Porat, CFO of Alphabet and Google said in a statement announcing the earnings.

Google 118
article thumbnail

Pandora's IPO. a sign of the times : spf13.com

SPF13

Since our inception in 2000, we have incurred significant net operating losses and as of October 31, 2010, we had an accumulated deficit of $83.9 We have not in the past generated, and may not in the future generate, sufficient revenue from the sale of advertising and subscriptions to offset such royalty expenses.

article thumbnail

ChatGPT net worth: Is OpenAI the next tech behemoth?

Dataconomy

“ChatGPT net worth” is one of the most searched queries on the Internet. Reminder : If you’re not familiar with ChatGPT, it is a groundbreaking language model developed by OpenAI based on the highly advanced GPT architecture. So, let’s dive in and explore the net worth of ChatGPT!

.Net 69
article thumbnail

Amazon delivers big earnings miss, Jassy warns Q4 will bring ‘several billion dollars of additional costs’

GeekWire

Net sales rose 15% to $110.8 For the first time in Amazon’s history, the company’s revenue from online and physical retail store sales represented less than 50% of its overall revenue for the quarter, due to steady increases in areas such as its Amazon Web Services cloud business and revenue from advertising.

.Net 127