That figure was up 13% from last year but fell short of Wall Street analysts’ expectations of $8.93 billion, though Google’s parent company Alphabet managed to beat overall revenue expectations.
YouTube ad sales growth slowed to 20% in the first quarter, but the platform still has a strong position in the market.
Netflix and Amazon Prime Video continue to compete with YouTube even as video advertising declines, with AI remaining a key driver of Alphabet’s growth.
Alphabet CEO Sundar Pichai said the strong performance highlights the power of Search and the dynamics of the Cloud.
Alphabet’s total revenue in the second quarter reached $84.7 billion, up from $74.6 billion a year earlier.
Source: Ferra
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