Google parent company makes a profit for the European billion fine NOW



[ad_1]

This is apparent from the most recent quarterly figures of the technology giant (pdf)

Net income decreased slightly from the previous year, from 3.5 billion to 3.2 billion dollars. It is estimated that about 2.7 billion euros

If the fine had not been imposed, the profit would have been $ 8.3 billion ($ 7.1 billion). d & # 39; euros). A year earlier, the profit was $ 6.3 billion.

The European Union said earlier this month that Google was guilty of abuse of power. The company would require that telephone operators use their search engine in the Android mobile operating system. A record fine of 4.34 billion euros was imposed for this.

A year ago, Google was also fined several billion euros for abuse of power. It was then the search engine and Google Shopping. This fine also had an impact on the profit of previous quarterly figures

Turnover

The turnover increased by 26% compared to the same quarter in 2017. During the last quarter, Google sales also increased over the previous year.

Much of the revenue comes from the advertising branch of the research giant.

[ad_2]
Source link