Alphabetical The fourth quarter’s results disappoint the expectations, the title sliding 7 % Mother Company of Fitr hours Google He reported a profit of $ 2.15 per share on income of $ 96.47 billion, an increase of 12 %. In the forecast, $ 96.56 billion shares were $ 2.13 per share. On the other hand, net profit increased by more than 28 %, which reached $ 26.54 billion.
Data under cloud expectations at the center
Google, which produces 84 98.5 Billion In total revenue, its revenue saw a 9.1 % increase, while Google Cloud scored impressive +30.1 %, from 9.2 to $ 12 billion. An increase of 30 % over the previous year, but the expected is less than 12.2 billion.
Google Cloud is an important pillar in alphabetical strategy for cloudTo the generato, A technology that has sparked a wave of investment and beyond. But as a result, doubts about the ability to compete with Amazon and Microsoft rivals, which have more market share.
“The fourth quarter was a strong quarter, led by our leadership in artificial intelligence and its pace in the entire commercial sector. He said that we build more products and models in terms of calculation performance. , Testing and launching and getting important results. Sunder pitch, Google CEO – Our Google Cloud Portfolio is recording a strong question through artificial intelligence users, and is the leader in conceptual time in YouTube streaming and podcasts.
Investing mass for IA
Pitchie has announced that the company will increase capital costs 75 billion dollars For 2025, with a nearly 30 % increase in 2024 compared to 52.5 billion, it is mainly intended to build new datasers. For analysts, this gap of more than 22 billion could have been used to increase profits, but the company has chosen to invest in AI in the future.
Despite the concerns, alphabetical organizers defended the costs in AI during a conference call with analysts. The demand for AI tools for Google Cloud is controlling the company’s ability to meet it, and that works to increase alphabetical ability and reduce obstacles, said Anat Ashkazi, the chief financial officer of the alphabet. Doing
Google’s huge investment creates doubts Economic ReturnIn the light of the results of the Chinese Depsek, above all, which has achieved successes with low resources, rivals like Openi have been accused of violating intellectual property. Despite the concerns, the Google administration does not appear to be panic, and attribute low growth problems for cloud estimates.
The title drop
Despite the growth of two statistics in income and quarterly profits, many projects for spending for the slowdown and alphabet AI are disturbing the mood of investors in Wall Street. In the hours after hours, the title of the Big Tech slipped through it 7,57 %.