Friday, 24 March, 2023

As a result of 'economic headwinds,' Alphabet's profit slips again

<p>For the second consecutive quarter, Alphabet, the parent company of Google, had lower profits despite more revenue. According to Alphabet&#39;s Q2 2022 financial report, the business earned about $16B during the second quarter of 2022, down from $18.5B during the same period in the previous year. The composition of Google&#39;s revenue is consistent with the prior year. The company actually brought in more revenue than it did in Q2 2021.</p>