Technology

Google crossed $100 billion mark in revenue in 2017

Google records its first $100 billion in a year.

Google is huge, as it pulls a lot of money from various sources from search engine to cloud computing. But it had not joined $100 billion club, until now. As of now, Alphabet (GOOGL), the parent company of Google has recently posted a record-breaking $110 billion in annual sales for the first time in Google’s 20-year history.

Google has posted a $32.3 billion in sales for the fourth quarter of 2017, and this revenue is the driving force for the company for generating over $110 billion in sales in 2017. The company has recorded an increase of 23% in the sales in 2017, to the 2016’s revenue that was around $90 billion.

Interestingly, the company has recorded a record-breaking $27.27 billion revenue in ads’ business, from the total $32.3 billion it earned in the 4th quarter of 2017. The milestone is a testament to the strength of Google’s ad sales business, which continues to grow rapidly even though the company faced controversies over propagating Russian propaganda in the US elections in 2016.

Sundar Pichai who heads the Google division of Alphabet has said that Google Cloud services are a $1 billion business in each quarter. Meanwhile, he also called out YouTube, Google Cloud, and hardware as big focuses for the future of the company. Pichai said,

“These bets have enormous potential, and already they are showing real momentum and gaining traction.”

Moreover, Alphabet has posted around $15 billion in sales in 2017 from Google’s other services including cloud services and hardware products, like the Pixel phones and Google Home smart speakers.

Sponsored
Sajeel Syed

I am a writer at TechJuice, overseeing IT, Telecom, Cryptocurrency, and other tech-related features here. When I'm not working, I spend some of my time with good old Xbox 360 and the rest in social activism. Follow me on Twitter: https://twitter.com/sajeelshamsi

Share
Published by
Sajeel Syed

Recent Posts

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

16 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

20 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

22 hours ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

23 hours ago

HEC Reveals Law Admission Test Date for LLB Students

The Law Admission Test (LAT) has been announced by the Higher Education Commission (HEC) of…

23 hours ago

Meta’s WhatsApp to Release New Playback Speed Feature for Videos

Meta's WhatsApp is rolling out a new playback speed feature, allowing users to adjust video…

1 day ago