Rookie Academy - was founded 21 years, the market value of broken trillion, Google Why?

2020 January 16, after US stocks closed, Google Alphabet parent company shares closed at $ 1451.70, an increase of 0.87% the previous day; thus, Alphabet market capitalization exceeded one trillion dollar mark, reaching $ 1.0012 trillion - with this achievement, Alphabet successfully enter the "trillion dollar market capitalization club", becoming Apple, Microsoft and Amazon, the four trillion US dollars to achieve market value of US technology companies.

Has been established for more than 21 years of Google (Alphabet), this achievement has a different meaning. Here Insert Picture Description
His left hand is a cash cow, the right hand is a new business

For Google (Alphabet), the biggest breakthrough in the market value of trillions of dollars of support, in fact, comes from its ability to revenues and profit ability - this, from Google (Alphabet) released in October 2019 the latest quarterly earnings report get conclusion.

According to Google Alphabet parent company released Q3 2019 earnings as of September 30, 2019 is, Alphabet Q3 total revenue in the quarter was $ 40.499 billion, compared to $ 33.74 billion over the same period in 2018 increased by 20%.

For such a giant Alphabet, the so called robust revenue growth year on year. Not only that, if the analyst's point of view, the third quarter total revenue Alphabet is actually more than expected - data channels provided by Yahoo Finance, 32 Wall Street analysts had expected third-quarter revenue of Alphabet to $ 40.32 billion.

In addition to revenue, Q3 Alphabet net profit of $ 7.068 billion, compared to $ 9.192 billion in the same period in 2018 decreased by 23%. But this is because the cost of revenues Q3 Alphabet R & D expenses, sales and marketing expenses, general and

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Origin blog.csdn.net/weixin_45777117/article/details/104021037