The company has historically broken out only the finances for Google's advertising business and the "other" areas of Google's business, which lump together such key segments as YouTube, cloud and search. They also come as Alphabet's overall revenue growth appears to be slowing. "The big news is that Google is breaking out YouTube ad revenues for the first time," eMarketer analyst Nicole Perrin said in a statement Monday. Google Cloud posted full-year 2019 sales of nearly $9 billion, less than what AWS made in the last quarter alone. The results indicate that Google Cloud is gaining market share from AWS and Azure, Synovus Trust Company analyst Dan Morgan said in an investor note Monday.
Source: CNN February 03, 2020 21:31 UTC