Google: Poised For Continued Growth In Operating Income And Revenue
- The search segment remains strong as the business continues to evolve by including more AI elements.
- Combined advertising and subscription revenue for YouTube from the last 4 quarters was more than $50 billion.
- The Google Cloud operating margin went from 3% in 3Q23 all the way up to 17% for 3Q24.
TARIK KIZILKAYA
Introduction
Per my October 1 article, Google's (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo is leading the U.S. robotaxi race. Google's overall 3Q24 operating income and revenue numbers have come out since then and they look better than ever. The
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