As the digital transformation and shift to hybrid work continue, our cloud services are helping organisations collaborate and stay secure.”ĭuring the earnings call, Pichai discussed how the company was focusing its cloud offerings.
Sundar Pichai, CEO of Alphabet and Google, said: “Five years ago, I laid out our vision to become an AI -first company. This quarter’s results show how our investments there are enabling us to build more helpful products for people and our partners.
We continued to deliver across our business by providing helpful and valuable experiences for both consumers and our partners.” Ruth Porat, chief financial officer of Alphabet and Google, said: “Our consistent investments to support long-term growth are reflected in strong financial performance, with revenues of $65.1bn in the quarter. The company stated that Google Cloud revenue increased from $3.9bn to $5bn, and noted that the extension of the useful life of its datacentre servers, which occurred in January 2021, led to a reduction in depreciation expense of $2.1bn over nine months, resulting in an additional $1.7bn of income.
