Revenue was $61.88 billion, a whopping 62% increase from a year ago -- the period during the initial economic lockdowns when the Google parent reported its first year-over-year revenue decline ever. In spite of its imperfections, Alphabet is actually exhibiting some value stock characteristics, and it has a long road of investor returns ahead of it. YouTube ads grew 84% year over year, and Google Network ads were up 60% as marketing activity rebounded dramatically from the early days of the pandemic.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting