<p>Alphabet, the parent company of Google, has summarized the fourth quarter and the entire fiscal year of 2023. Here are the key points:</p>
<ul>
<li>Fourth quarter revenue reached $86 billion, which is 13% higher than last year.</li>
<li>Annual revenue reached $307.39 billion, showing a 9% growth.</li>
<li>Net income in the fourth quarter increased to $20.69 billion.</li>
</ul>
<p>Google Search, YouTube, and Google Cloud played a significant role in the revenues.</p>
<p>The company's management noted substantial investments in artificial intelligence and innovation. Alphabet also underwent workforce and office space optimization, which led to additional costs. Despite this, the financial results of the year indicate stable growth and development of the company.</p>
<p>🔗 Full release: <a href="https://abc.xyz/assets/95/eb/9cef90184e09bac553796896c633/2023q4-alphabet-earnings-release.pdf">https://abc.xyz/assets/95/eb/9cef90184e09bac553796896c633/2023q4-alphabet-earnings-release.pdf</a></p>;
<p>▶️ Video: <a href="https://www.youtube.com/watch?v=b4alwdVvn4Q">https://www.youtube.com/watch?v=b4alwdVvn4Q</a></p>;
<p>МР.</p>
<p>P.S. Meta's financial results will be on February 1.</p>
<p>#alphabet #finance #google #youtube #cloud</p>