News

Increasing Pixel Phone Sales Helped Google Make More Money this Quarter

In its quarterly report for 2023, Google mentioned that the sales for its ‘Google Other’ division recorded a 8.8% increase

Google’s parent company Alphabet has just released their first quarterly report for 2023, which shows a good increase in its overall revenue, but an even better increase in its sales for the “Google Other” division, which includes the sales for the Google Pixel 7, 7 Pro, 6A, and the Google Watch.

According to the report, the collective sales for the ‘Google Other’ division went up by 8.8%, which indicates that Google Pixel phones and Google watches are starting to get popular amongst consumers.

Google CEO ‘Sundar Pichai’ expressed satisfaction over the quarterly report, saying that the company has performed well in the first quarter, highlighting strong growth in both the Google Search and Cloud business.

“We are pleased with our business performance in the first quarter, with Search performing well and momentum in Cloud,” said Pichai in the press release.

“We introduced important product updates anchored in deep computer science and AI. Our North Star is providing the most helpful answers for our users, we see huge opportunities ahead, continuing our long track record of innovation,” the CEO added.

YouTube earnings also exceeded expectations and amounted to $6.69 billion despite the platform receiving strong competition from TikTok.

Despite having a great start, Google layed off around 6% of its total workforce in January, which amounted to around 12,000 employees.

Releasing an amazing quarterly report had a positive influence on its share prices, soon after the announcement share prices went up by 3%.

 

Read more:

Russian Court Fines Wikipedia for Article About War in Ukraine

Sponsored
Abdullah Shahid

Leave a Comment
Share
Published by
Abdullah Shahid

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago