• finitebanjo@lemmy.world
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    2 months ago

    I don’t think the ad model is sustainable.

    Alphabet gross profit for the quarter ending June 30, 2024 was $49.235B, a 15.34% increase year-over-year.
    
    Alphabet gross profit for the twelve months ending June 30, 2024 was $188.261B, a 17.29% increase year-over-year.
    
    Alphabet annual gross profit for 2023 was $174.062B, a 11.13% increase from 2022.
    
    Alphabet annual gross profit for 2022 was $156.633B, a 6.77% increase from 2021.
    
    Alphabet annual gross profit for 2021 was $146.698B, a 50.01% increase from 2020.