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Alphabet fined 5 billion US dollars (about Rp72, 5 trillion) The benefit of the alphabet in the second quarter slightly decreased compared to the previous year. This second quarter of Google recorded a profit of 3.2 billion US dollars (3,400 billion rupiah) alone compared to last year, which reached 3.5 billion US dollars (5,000 billion rupiahs).
In the absence of penalty imposed by the European Union, Google earnings reached this quarter $ 8.2 billion (about 118 billion rupiahs). Still as in the previous quarter, the biggest benefit of Alphabet still stems from the Internet advertising activities of Google and Youtube.
Previously, the European Union imposed penalties against the alleged responsibility of Google for users to use Google applications in the Android operating system. As such, Google is also considered to be blocking competition in its platform.
The EU also ordered Google to allow mobile phone makers to be free to determine for themselves which apps will be installed on their Android smartphones, according to CNN Money.
EU sanctions are levied after the end of the second quarter. However, Alphabet has indicated that it would take a penalty of the second quarter earnings. However, Google said it would appeal the decision.
Google's revenue reached 32.7 billion US dollars (276.5 trillion rupiahs) in the second quarter of 2018, up 26 percent from a year earlier. Shares of the company also rose 5% at the close of Monday sales (23/7) local time.
This is the highest price in the history of Google. Throughout 2018, Google shares have increased by 13%. Google itself has recorded annual growth of 20 percent for two years in a row, as reported by Reuters. (Reuters / eks)
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