Source: Android Central
What you need to know
- Google parent company Alphabet has shared its Q4 2019 earnings report.
- For the first time, it's been disclosed how much revenue YouTube and Google Cloud generate.
- Total revenue of $37.57 billion was lower than the predicted $38.38 billion.
On February 3 following the closing bell on Wall Street, Google parent company Alphabet released its official earnings report for Q4 2019. This report is substantial for a few different reasons, which we'll explain below.
First, and perhaps most noteworthy, this is the first report in which Google has disclosed exactly how much money it makes from YouTube and Google Cloud. In Q4 (October through December), Google generated $4.7 billion in revenue from YouTube and $2.6 billion from Cloud. For comparison's sake, Amazon Web Services was reported at $9.9 billion in revenue for Q4 while Microsoft's Intelligent Cloud division pulled in $11.9 billion.
YouTube pulled in $15.1 billion during 2019.
Taking a closer look at the YouTube numbers, its total revenue for 2019 comes in at $15.1 billion and accounts for around 10% of Google's entire company-wide revenue. When you compare that to the fact that Google purchased YouTube in 2006 for $1.65 billion, it's impressive how much the platform has grown financially.
Looking at Search, one of the biggest cash cows for Google, it saw $27.2 billion in revenue for Q4 and total revenue of $98.1 billion for all of 2019. In regards to Pixel sales, things aren't nearly as cheery. Pixel sales don't get their own category, but are bundled into "Google other" which generated $5.3 billion in revenue for Q4. That's an increase of 10% year-over-year, with Alphabet CFO Ruth Porat saying the increase was "primarily driven by growth in YouTube and Play, offset by declines in hardware." While we don't have exact numbers, seeing there was a decline with Google's already small footprint in the mobile space is not encouraging.
Overall, Google's Q4 revenue of $37.57 billion was lower than the predicted $38.38 billion. The company did outperform its $31.84 billion revenue from Q4 2018, but the GOOG stock still fell following the report.
The other significance of this report is that it's the first one to be shared with Sundar Pichai serving as CEO for both Google and Alphabet. On December 3 last year, Larry Page and Sergey Brin announced they were stepping away from their leadership roles at Alphabet.
Have you listened to this week's Android Central Podcast?
Every week, the Android Central Podcast brings you the latest tech news, analysis and hot takes, with familiar co-hosts and special guests.
We may earn a commission for purchases using our links. Learn more.
Daily Coronavirus updates: COVID-19 cases cross 800,000 globally
COVID-19 has already infected over 720,000 people globally and caused over 34,000 fatalities. It has also had a huge impact on the tech industry, affecting the global supply chain and causing interminable product delays. Here are all the ways the coronavirus is affecting the world.
OnePlus CEO confirms key specs of upcoming OnePlus 8 series phones
OnePlus CEO Pete Lau today confirmed that the company's upcoming OnePlus 8 series phones will come equipped with a Snapdragon 865 chipset, LPDDR5 RAM, and UFS 3.0 flash storage. Both the phones will be unveiled at an online event on April 14.
How to take better smartphone photos in any conditions or lighting
That smartphone you're holding not only has a camera, but it probably has a decent one capable of taking good photos. Getting better shots is a matter of knowing the camera you have and following some basic fundamentals wherever you are. With so many features and effective software increasingly helping get the job done, it still helps to know how to wield your device to capture images...
Spice up your smartphone or tablet with the best icon packs for Android
Being able to customize your device is fantastic as it helps to make your device even more of "your own". With the power of Android, you can use third-party launchers to add custom icon themes and these are just some of our favorites.
