Surprise, surprise, Google continues to make money. What you need to know Google parent company Alphabet announced its Q2 2021 earnings. YouTube ad revenue grew 84% YoY as Shorts drew more than 15 billion daily views. Google hinted at increased spending in the latter half of 2021 due to product launches, hinting at the Pixel 6. Google's parent company Alphabet just published its Q2 2021 earnings and unsurprisingly managed to rake in a lot of revenue. What was surprising, however, is how much of that came from YouTube ads. Google reported overall revenue of over $61 billion, up from $38 billion just a year ago. More than $7 billion was from YouTube ads, with an 84% increase from the same period last year, which notably came right after the onset of the COVID-19 pandemic. To put the number into perspective, Netflix recently posted total Q2 revenue of $7.3 billion, showing just how popular YouTube is as a source of content for consumers and revenue for Google. Given the company's...
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