Alphabet:Latest Earning Report
@Just Do It:
Alphabet, the parent company of Google, announced after the U.S. stock market that the revenue growth rate in the third quarter was lower than market expectations, with a revenue of 69.1 billion US dollars, with a quarterly increase of only 6.1%. In addition, the profitability has declined significantly. Compared with last year's decline of 27%, the amount is only 1 $3.9 billion means that the situation in the digital advertising industry is slowing down due to the bad environment. In fact, I'm not too surprised that my performance is not as good as expected, because I think the current prosperity, coupled with other social media that relying on advertising revenue before, are basically struggling, and the previous performance in the COVID-19 period was too high. Under the base period, it