Alphabet continues to make tons of money for YouTube and research


The parent company of Google Alphabet has released its fourth quarter and full year 2020 results and the numbers are staggering. The company made $ 56.9 billion in the quarter ended Dec. 31, an increase of 23% from the $ 46.1 billion recorded last year. CFO Ruth Porat said in a statement that revenues were “driven by search and YouTube, as consumer and business activity recovered from the start of the year.”

This continues a trend of revenue growth that we seen the last quarter, when Alphabet said it earned $ 46.2 billion versus $ 40.5 billion in the same period in 2019. Of the $ 56.9 billion made this quarter, $ 52.9 billion came from Google Services, $ 3.8 billion from Google Cloud and $ 196 million from the Other Bets division. In total, Alphabet earned $ 182.5 billion in 2020.

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