Article 1NT7N Alphabet's revenue up to $21.5bn off the back of mobile and video ads

Alphabet's revenue up to $21.5bn off the back of mobile and video ads

by
Nicky Woolf in San Francisco and agencies
from Technology | The Guardian on (#1NT7N)

The strong growth suggests that Google is successfully navigating the transition from desktop ads - its traditional strength - to mobile ads

"There's an amazing atmosphere at Google," said the company's CEO, Sundar Pichai, on a conference call with investors.

That is not exactly surprising. Pichai's call was a victory lap, coming on the heels of the announcement that Google's parent company, Alphabet, had posted a 21.3% increase in second-quarter revenue - exceeding analysts' expectations - driven by strong advertising sales on mobile devices and for video content.

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