In Q3 2024, Alphabet's revenue surged to $88.27 billion, a 15% increase from the previous year, driven by significant growth in Search, YouTube, and Cloud services.
YouTube ad revenue rose nearly a billion dollars to $8.92 billion, contributing to over $50 billion in total revenue for the platform, a record achievement for the company.
While specific figures for Pixel phone sales aren't disclosed separately, CEO Sundar Pichai highlighted 'strong demand' for the new Pixel 9 devices within the broader category.
Alphabet's Cloud services experienced a 35% year-to-year growth, enhancing the overall financial performance, although it still trails behind the Search revenue of $49.39 billion.
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