How Google makes profit after it restructured the parent company as Alphabet

Alphabet, Google parent company, released its Q3 earnings report three months ended on September 30 on October 29. It obtained stable growth as it did in Q2.

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The earnings showed Alphabet received $ 22.551 in revenue in Q3, increased by 20% yoy. Its net profit in Q3 was $5.061 billion, increased by 27% yoy. This growth rate was similar to the performance of Q2 earnings. The Q2 revenue of Alphabet increased by 21% yoy, while net profit increased by 26% yoy.

In fact, Alphabet received excellent earnings reported for 4 quarters in a