Web behemoth: Pedestrians walk on the Google campus at its headquarters in Mountain View, California. Analysts say the firm, which generates more revenue from Internet ads than any other company, is proving that its growth is unstoppable. — Bloomberg
SAN FRANCISCO: Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday, as its Internet advertising business surged on consumers using Google search as they shopped online and advertisers upping their marketing budgets.
Alphabet’s shares jumped also on the company’s announcement that it would undertake a 20-to-one stock split.
Save 30% for ads-free and full access now!
