Alphabet reports Q2, 2019 revenues up 19% to $38.9 billion, with net income of $9.9 billion, up from 3.2 billion a year ago.
As usual, the vast majority of Alphabet's earnings come from Google's ad business, at $32.6 billion, with other revenues at $6.1 billion, although YouTube revenues are not separated, it's believed it's contributing significantly. Ruth Porat, Google's CFO, said about YouTube, "was the second largest driver of revenue growth."
Alphabet's "other bets" showed an increased operating loss to $989 million, up from $732 million.
PDF file [abc.xyz
Previous quarter Google Alphabet Q1, 2019 Results, 17pct up, at $36.34bn