Thanks to the launch of the affordable Pixel phone, the Pixel 3A and the Pixel 3A XL, Google was able to sell twice as many smartphones in the second quarter of 2019 as compared to the corresponding quarter last year. The information was provided by Google CEO Sundar Pichai during Alphabet Inc’s Q2 earnings call, in which the company announced that its overall profits tripled on year-over-year basis to $9.9 billion (approx Rs 68,400 crores) while revenues increased 19 percent to $38.9 billion (approx Rs 2,68,000 crores).
“With the launch of Pixel 3a in May, overall Pixel unit sales in Q2 grew more than 2x year-over-year. In addition to Verizon and the Google Store, we successfully expanded our distribution to T-Mobile, Sprint, US Cellular, Spectrum Mobile, and additional partners which has greatly diversified our sales footprint in the US,” Pichai said in the earnings call. The Google mid-range series consisting the Pixel 3a and Pixel 3a XL were introduced in May this year at the company’s annual I/O developer conference.
Interestingly, Google has declared the Pixel smartphone revenue as a part of other revenues, which includes the company’s hardware business, like Google Home smart speakers, as well as its cloud computing division. “Other revenues for Google were $6.2 billion (approx Rs 42,800 crores), up 40 percent year-over-year, fuelled by Cloud with an ongoing strong contribution from Play,” Ruth Porat, Chief Financial Officer, Alphabet, added.
Pichai also revealed that Google Cloud will soon be generating a revenue of $8 billion annually, which is $2 billion per quarter. The executive also noted that YouTube channels with over one million subscribers grew by 75 percent year-over-year in the second quarter. According to Google, YouTube is still the second-biggest contributor to Alphabet's revenue growth.
“Our effort to build a more helpful Google for everyone brings countless opportunities to help users, partners, and enterprise customers every day. From improvements in core information products such as Search, Maps, and the Google Assistant, to new breakthroughs in AI and our growing Cloud and Hardware offerings, I’m incredibly excited by the momentum across Google’s businesses and the innovation that is fueling our growth,” Pichai added.
If you wish to know about all the topics that were discussed during the Alphabet Inc's Q2 earnings, you can watch the video below. To know more about the Google Pixel 3a, you can read Why should you buy Pixel 3a?.
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