Alphabet pegs Q4 revenue at $46bn

Google parent company Alphabet announced Q4 2019 earnings with $46.075 bn in revenue, up 17% from $39.27bn in Q4 2018, with operating income at $9.27bn and net income of $10.67bn for this quarter. 

“Our investments in deep computer science, including artificial intelligence, ambient computing and cloud computing, provide a strong base for continued growth and new opportunities across Alphabet,” said Sundar Pichai, Chief Executive Officer of Alphabet and Google. 

“I’m pleased with our continued progress in Search and in building two of our newer growth areas — YouTube, already at $15 billion in annual ad revenue, and Cloud, which is now on a $10bn revenue run rate.”

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