Google parent company Alphabet broke $200 billion in annual revenue for the first time

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Google parent company Alphabet broke $200 billion in annual revenue for the first time
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The company also announced a 20-for-1 stock split.

that Facebook , Twitter, Snapchat and YouTube lost nearly $10 billion in revenue in the second half of 2021 as a result of the new iOS settings.

But Google collects its own data via its search traffic and YouTube, so it has been less affected by the iOS change. The company brought in $8.63 billion in revenue from YouTube ads in the fourth quarter of 2021 alone. The company posted an operating loss of $890 million on its Cloud segment on revenue of $5.54 billion. Its Other Bets segment, which includes autonomous vehicle division Waymo and life sciences division Verily, brought in $181 million in revenue.

Last year was the first time Alphabet surpassed $200 billion in revenue, which is almost triple the company’s revenue from 2016, just five years earlier.

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