Google makes historical past when breaking the barrier of 100,000 million {dollars} of profit | Economy | EUROtoday

Google makes historical past when breaking the barrier of 100,000 million {dollars} of profit | Economy
 | EUROtoday

Alphabet, the proprietor of Google, has change into the primary of the nice know-how (and the primary personal firm in historical past) that exceeds the bar of the 100,000 million {dollars} of web revenue in an train. The firm elevated its earnings by 14% by 2024, to 350,018 million {dollars} (337,000 million euros on the present trade charge). The profit shot 36%, as much as 100,113 million {dollars}, propelled to a big extent by the enterprise set to synthetic intelligence, in keeping with the accounts communicated to the United States Securities and Stock Exchange Commission (SEC). Despite this, the actions fell strongly within the inventory market as a result of the quarterly outcomes had been beneath the expectations and for the sturdy investments that the corporate plans to undertake.

Above that stage there are solely the advantages of 2018 and 2021 of Saudi Aramco, the Saudi state oil firm. A personal firm had by no means exceeded that stage of outcomes. Apple’s report was at 99,803 million {dollars} of the 12 months 2022, though adjusted by inflation, these outcomes could be larger. The firm based by Steve Jobs exceeded 100,000 million additionally in a pure 12 months, however not in the identical 12 months. Your fiscal 12 months goes from October to September.

“Our results show the power of our integral and differentiated approach to innovation in AI and the continuous strength of our main businesses. We trust the opportunities that we have ahead and, to accelerate our progress, we hope to invest approximately 75 billion dollars in 2025,, said Losco Pichai, CEO of Alphabet.

The company has presented the results with the contribution in historical maximums. This Tuesday, their shares have closed in $ 208 per title and are revalued around 9% so far this year and 43% in the last 12 months. The company closed the session with a 2.5 billion stock market value that places it fifth in the world behind Apple, Microsoft, Nvidia and Amazon. The market reaction to the results has been down. The company’s actions fell into the stock market around 7% outside the usual negotiation schedule. The quarterly results framed expectations. These fall is a loss of capitalization of about 175,000 million dollars.

In the fourth quarter, income growth has stopped and has been 12%, to 96,469 million dollars. That has been due in part to a stop of Google Cloud, its cloud computing business, which grew 30%, compared to 35% of the previous quarter. That is the figure that has disappointed the expectations of analysts and investors, together with the strong investments of 75,000 million dollars announced. Since the appearance of Deepseek, low -cost Chinese artificial intelligence, there is some skepticism about the need to undertake such high investments in data centers and its future profitability.

“We analyze each investment we make to ensure that we are doing it in the most profitable way to optimize our data centers,” tried to reassure Alphanet’s financial director Anat Ashkenazi, in the ocnference with analysts. “As you know, our strategy consists mainly of trusting our own design and construction data centers. Therefore, they are leaders in the industry in terms of cost and energy efficiency on scale. We have our own tpu [unidades de procesamiento tensorial] Personalized. They are personalized for our own workload. Therefore, they offer superior yield and exceptional investment efficiency. Therefore, we will take into account all this when we make decisions about how we are going to progress in investments over the next few years, ”he argued.

The advantages of the fourth quarter have grown by 28.3%, to 26,536 million {dollars}, a brand new quarterly report for the corporate, however which additionally means barely stopping the rhythm of the earlier quarter.

“The fourth quarter was a strong quarter driven by our leadership in AI and impulse throughout the business,” Pichai stated. “We are building, testing and launching products and models faster than ever, and we are making significant progress and efficiency progress,” he added.

Alphabet’s CEO advised analysts that his autonomous vehicles enterprise, Waymo, will arrive in Tokyo within the coming weeks. “Waymo made huge progress and surely made more than four million passenger trips. Now perform an average of more than 150,000 trips every week, and continues to grow. Looking ahead, Waymo will expand its network and operating associations to open new markets, such as Austin and Atlanta this year and Miami next. And in the next few weeks, Waymo One vehicles will arrive in Tokyo for their first international road trip, ”he stated.

https://elpais.com/economia/2025-02-04/google-se-convierte-en-la-primera-tecnologica-que-gana-mas-de-100000-millones-de-dolares-en-un-ejercicio.html