For the three months ending 31 December, Google revenues jumped 32% to $75.3bn – these beat expectations of estimates of $71.652bn. Profits for the period hit $20.6bn.
The group reported better than expected profits, causing shares to increase 7% in after-hours trading.
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Advertising revenues increased from $46.2bn to $61.2bn. The company generates more revenue from internet ads than any other group.
“Our deep investment in AI technologies continues to drive extraordinary and helpful experiences for people and businesses, across our most important products,” said Sundar Pichai, chief executive officer of Alphabet and Google.
