More than 99% of Google revenue in the fourth quarter of 2016 provided by Google
Company Google has published data on their performance in the fourth quarter of past calendar year, reporting turnover of 26 billion dollars. Income increased by 22% compared to the same period a year earlier, when the company received 21.3 billion dollars.
The revenue of Google for the same period increased from 21.2 to 25.8 billion dollars, that is Google brings the Alphabet more than 99% of the income. The company’s operating profit increased from 5.4 to $ 6.6 billion. Net profit rose from 4.9 to 5.3 billion dollars.
Commenting on the company’s results, chief financial officer of Alphabet Ruth Porat (Ruth Porat) stated that growth in the fourth quarter was very bright. It is worth noting that last fall the company released Google Pixel, also the increase has provided search engine and video streaming service YouTube.