Earnings

Google still isn’t telling us about YouTube and cloud profits

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Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019.

Brandon Wade | Reuters

Alphabet told investors half the story by disclosing YouTube and cloud revenue numbers for the first time.

But what about the other half?

After facing years of criticism for not breaking out sales of some of its biggest businesses, Google’s parent said on Monday that YouTube ads generated $4.7 billion in the fourth quarter, up 31% from a year earlier, while the cloud business climbed 53% to $2.6 billion.

However, unlike Amazon does with its cloud figures, Alphabet isn’t providing profitability…



Source cnbc.com

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