Alphabet has made public its first subsidiary YouTube's earnings.
Alphabet’s CEO(Sundar Pichai) made a public income for the first time after being appointed. According to him, in the last one year, YouTube has increased advertising revenue by 5 percent.
According to international news media, YouTube has earned US $ 1.2 billion in advertising alone in 2019.
Pichai said his income in 2015 was $ 2 billion. YouTube made $ 5.5 billion in three months from October to December. Along with YouTube, Pichai also announced his new product Cloud Income.
Clown business’s revenue for the last three months of last year is $ 1.8 billion. At the same time of the year, his income was $ 5.5 billion.
Despite the new product, the Clown’s business is growing at a rapid pace. The company said the cloud’s annual revenue was $ 3 billion as of July last year.