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Alphabet to Announce Q3 Results on October 28 · Focus on Google Cloud Growth

The Motley Fool +1 ·

GOOG Alphabet Inc
$336.40 -1.11%
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  1. 1Alphabet stock recorded a growth rate of over 25% in early May.
  2. 2The company achieved 82% of the Google Cloud revenue growth rate in Q2.
  3. 3Alphabet has begun selling custom-designed TPUs (Tensor Processing Units) to some customers.

So what's the key point?

Alphabet achieved results by growing Google Cloud revenue by 82%. Attention is being focused on Google Cloud growth and the sale of custom devices.

Source The Motley Fool +1 · View original ↗

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