Alphabet, the parent company of Google, has just presented its financial results for the second quarter of 2018. It has obtained total revenues of 32,657 million dollars and a net profit of 3,195 million dollars.
This profit would have been 8,266 million dollars without the effect of the recent record fine imposed by the European Union worth 4,340 million euros (5,070 million dollars) for abuse of dominant position with the Android mobile operating system. Google has announced that it will appeal this sanction.
Alphabet's main source of income is the advertising revenue provided by Google, which between April and June 2018 amounted to 28,087 million dollars. This represents 86% of Alphabet's total revenue.
The Statista website has prepared the following graphic showing the quarterly evolution of Alphabet's total revenues and Google's advertising revenues since the beginning of 2016.
More infographics at Statista
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