CFO Ruth Porat said during the company's earnings call that Alphabet added 3,455 people during the quarter, the majority of which were technical roles.
In addition to the overall pullback in ad spending, YouTube is also facing heightened competition from TikTok in short-form videos. YouTube shorts now has 50 billion daily views, CEO Sundar Pichai said in a call with investors Thursday. Google's Other Revenues, which includes hardware and non-advertising YouTube revenue, came in at $8.8 billion, up 8% from the year prior.
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Blame Tik Tok tiktok_us
Don't worry just buy the dip it's not like the NQ is up 16% on misses from the top 4 of 5 companies. The ones who gave guidance even said the March reports aren't poised to look much better. NQ to 15k on recession confirmation.
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Alphabet earnings: What to expect from the Google parent companyAlphabet Inc. investors are probably breathing a little easier ahead of the company's Thursday afternoon earnings report, all thanks to Facebook What about amazon
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Alphabet Misses Q4 Earnings Estimates, YouTube Ad Revenue Drops by Nearly 8%Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analyst estimates, as YouTube’s ad revenue again notched a year-over-year decline. Overall, … I've all but stopped watching YouTube because the amount of advertising has become excessive. Plus most ads are so loud and obnoxious it's no longer enjoyable to watch the videos. I listen to podcasts instead now. I had to use the Adblock so that no ads appear since I don't like the price of YouTube Premium and the ads on YT are unbearable and loud to listen to. It is recommended to use the Adblock.
مصدر: Variety - 🏆 108. / 63 اقرأ أكثر »
Google’s parent company Alphabet posts lower Q4 profit amid ad squeeze, competitionGoogle parent company Alphabet has posted lower profit and a small revenue increase for last year’s fourth quarter. A decline in online ad spending and competition from rivals are weighing on…
مصدر: mercnews - 🏆 88. / 68 اقرأ أكثر »