{"id":402458,"date":"2022-02-02T04:04:44","date_gmt":"2022-02-02T01:04:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/alphabet-shares-surge-as-google-posts-strong-holiday-sales\/"},"modified":"2022-02-02T04:04:44","modified_gmt":"2022-02-02T01:04:44","slug":"alphabet-shares-surge-as-google-posts-strong-holiday-sales","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/alphabet-shares-surge-as-google-posts-strong-holiday-sales\/","title":{"rendered":"#Alphabet shares surge as Google posts strong holiday sales"},"content":{"rendered":"<p>&#8220;<strong>#Alphabet shares surge as Google posts strong holiday sales<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Google\u00a0parent\u00a0Alphabet\u00a0Inc beat fourth-quarter sales expectations on Tuesday as the search giant\u2019s internet advertising, cloud computing and hardware businesses benefited from holiday shopping, sending shares up more than 7% in after-hours trading.<\/p>\n<p>The results were the latest to signal that the global trend toward a more digital economy has made Big Tech companies resistant to small-market shocks. While concerns about rising inflation, COVID-19 variants and supply-chain shortages have rattled Wall Street and affected sales at some businesses, the companies that control key gateways to the Web have not seen a dip since the early days of the pandemic.<\/p>\n<p>Alphabet\u2019s overall quarterly sales jumped 32% to $75.3 billion, above the average estimate of $72 billion among financial analysts tracked by Refinitiv. Total\u00a0Google\u00a0revenue was $74.9 billion, above estimates of $71.652 billion.<\/p>\n<p>Shares of\u00a0Alphabet\u00a0rose 7% during after-hours trading to $2,948. The company also announced a 20-for-one stock split, in which shareholders as of July 1 this year will receive a dividend of 19 additional shares. Shareholders must <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>rove the split.<\/p>\n<p>Alphabet\u00a0Chief Financial Officer Ruth Porat told CNBC that the company aimed to make shares accessible to more traders.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Google sign posted in front of a building on the Google campus in California\" class=\"wp-image-21057124\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Shares of Google parent Alphabet rose 7% during after-hours trading to $2,948. <\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>The company\u2019s third-straight quarter of record sales reflects the growth of ad-laden\u00a0Google\u00a0services such as internet search, email and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">YouTube<\/a> video streaming, since the pandemic made hybrid work and e-commerce customary across much of the world.<\/p>\n<p>Google\u00a0generates more revenue from internet ads than any other company.<\/p>\n<p>Google\u00a0had said that during the third quarter it lost some sales because companies running low on product trimmed marketing and new iPhone privacy measures curtailed its ability to track users online.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales3.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Ruth Porat\" class=\"wp-image-21057135\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales3.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales3.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales3.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Alphabet CFO Ruth Porat told reporters the company wants to make shares accessible to more traders as Google announced a 20-for-one stock split.<\/figcaption><figcaption><span class=\"credit\">Getty Images for Fortune<\/span><\/figcaption><\/figure>\n<\/div>\n<p>In the fourth quarter, advertising revenue rose 32.5% to $61.2 billion, compared with the average estimate of $57.1 billion. Top rival Meta, owner of Facebook, reports financial results on Wednesday.<\/p>\n<p>Shares of Meta, Twitter and Snap Inc all rose after\u00a0Alphabet\u00a0released its results.<\/p>\n<p>Others including Amazon and ByteDance\u2019s TikTok have been taking small pieces of\u00a0Google\u2019s share of the global advertising market. Though market forecasters expect the trend to continue over the next few years, they do not expect major slippage in\u00a0Google\u2019s leading position.\u00a0Google\u2019s secondary businesses, including Cloud, also have been lifting overall sales.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales4.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Photo illustration of Google logo and search page\" class=\"wp-image-21057192\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales4.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales4.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales4.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Alphabet reported a third-straight quarter of record sales, reflecting the growth of ad-laden Google services such as internet search.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Google\u00a0Cloud, which trails Amazon and Microsoft in cloud services market share, increased revenue by 45% to $5.5 billion, above estimates of $5.4 billion.<\/p>\n<p>Alphabet\u00a0also reported a quarterly sales record during the holiday season for its\u00a0Google\u00a0Pixel smartphones despite supply constraints.<\/p>\n<p>Alphabet\u2019s quarterly profit was $20.6 billion or $30.69 per share, beating expectations of $27.56 per share and marking a fourth-straight quarter of record profit.\u00a0Alphabet\u2019s profit benefits from unrealized gains from its investments in startups, and the company also got a $2 billion boost last year from extending the useful life of its servers and networking gear.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales5.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Google Pixel 6\" class=\"wp-image-21057214\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales5.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales5.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales5.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Alphabet also reported a quarterly sales record during the holiday season for its Google Pixel smartphones. <\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>For all of 2021,\u00a0Alphabet\u00a0increased profit by 89% to $76 billion. Sales rose 41% compared with 2020, when sales grew just 13%, or the slowest in over a decade, because of advertisers slashing spending in the first few weeks of the pandemic.<\/p>\n<p>Alphabet\u2019s total costs in 2021 increased 27% to $178.9 billion as the company began to resume its pre-pandemic pace of hiring and construction. Programming licenses for YouTube and data center expansion also have led to ballooning costs.<\/p>\n<p>Alphabet\u00a0increased its cash hoard by nearly $3 billion in 2021 to $139.6 billion.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales6.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Mobile users browse through TikTok app on smartphones\" class=\"wp-image-21057223\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales6.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales6.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales6.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Rivals including TikTok have been taking small pieces of Google\u2019s share of the global ad market, but  experts do not expect major slippage in Google\u2019s leading position.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Alphabet\u00a0shares have gained 43% over the past 12 months and have shed nearly 7% year-to-date as of early Tuesday \u2013 both bigger swings than the market at large as rising inflation and geopolitical concerns have made big stocks fall out of favor.<\/p>\n<p>Numerous lawsuits accusing\u00a0Google\u00a0of anticompetitive conduct in the advertising and mobile app store markets continue to be one of the biggest challenges facing the company.\u00a0Google\u00a0already has said its efforts to lower Play app store fees to assuage some of the concerns will hurt revenue.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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The results were the latest to signal that the global trend toward a more digital&#8230;<\/p>\n","protected":false},"author":1,"featured_media":402459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/02\/alphabet-shares-surge-strong-google-sales2.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[125280,71767,70237,26293,70359],"class_list":["post-402458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-1-22","tag-alphabet-inc","tag-corporate-earnings","tag-google","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/402458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=402458"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/402458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/402459"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=402458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=402458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=402458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}