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Dubai News Club > Tech > Google parent Alphabet’s profit slips again after CEO warns of “economic headwinds”
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Google parent Alphabet’s profit slips again after CEO warns of “economic headwinds”

Press Room
Last updated: 2022/07/26
Press Room
Published: July 26, 2022
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Profits are down at Google parent company Alphabet for the second quarter in a row, even as it brings in more money. Alphabet brought in around $16 billion in profit during its second quarter of 2022, down from $18.5 billion during the same period last year, the company reported in its Q2 2022 earnings report this afternoon.

As with last quarter, it seems like rising expenses have played a part; the company actually brought in more revenue than it did in Q2 2021. This quarter, its…

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