About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 26, 2019

Alphabet Maintains Strong Growth

Alphabet reported a 22% year-on-year increase in revenues at constant currencies to 38.9 billion US dollars for the second quarter, driven by mobile search advertising, YouTube and cloud services.  That increase is down slightly from the 23% rise achieved in the same quarter in 2018.

Capital spending in the second quarter was up 12% year-on-year to 6.1 billion dollars, while R&D spending rose 21% to 6.2 billion dollars. Source: Alphabet statement

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