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Alphabit, Google's parent company, has reported solid quarterly results exceeding market expectations despite a record fine of 4.34 billion euros imposed by the European Commission because of the dominant position of the system. Android operation for smartphones.
The Internet giant has appealed the decision.
Its net profit in the second quarter was affected by the provision, down 9.3% to 3.2 billion.
But the company's revenues increased 26% over last year to reach 32.7 billion, exceeding badysts' expectations.
"Alphabit" rose 4.5% in deliberation after the closing of the financial markets, which could be a new record for this giant if confirmed after the stock market opening on Tuesday.
"We have performed very well, our investments bring a great user experience, good results for advertisers and new business opportunities for Google and Alpha," said Ruth Porat, CFO of the company.
The European Union last week imposed a fine of 4.34 billion euros ($ 5 billion) on the giant tech company for illegally exploiting the dominant position of its system. Smartphone operation.
The European Commission has accused Google of using the Android system to promote its search engine and eliminate competition.
In the second quarter, the search engine and YouTube service continued to provide the bulk of the company's revenue with $ 32.5 billion.
The ads were Google's main source of revenue with $ 28 billion for the quarter ending in June, an increase of 24% over the same period last year.
"Android"
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