US Still Most Profitable for Alphabet
May 8, 2017
Alphabet, Inc., the parent company of Google generates maximum revenue from the US market. Europe Middle East and Africa combined come at second and Asia Pacific occupying the third slot.
Recode in its earnings report titled Here’s Where Alphabet Makes Its Money says:
U.S. revenue increased 25 percent from last year to $11.8 billion. Sales from the Asia-Pacific region rose 29 percent to $3.6 billion. Revenue from Europe, the Middle East, and Africa was up 13 percent to $8.1 billion.
Despite the fact that around 61% of world population is in Asia Pacific region, Google garnering most of the revenues from a mere 322 million people is surprising. It can be attributed to the fact that China, which forms the bulk of Asia’s population does not have access to Google or its services. India, another emerging market though is open, is yet to embrace digital economy fully.
While chances of Chinese market opening up for Google are slim, India seems to be high on the radar of not only Google but also for other tech majors like Apple, Amazon, Microsoft and Facebook.
Vishol Ingole, May 8, 2017
Comments
One Response to “US Still Most Profitable for Alphabet”
-
- Subscribe to Beyond Search
Feature archive
News archive
-
Good information.