Alphabet's Google - Still the king of search

Fast forward to the latest quarter, it seems to hard to believe that Google shares are up while Microsoft's shares are down.

In the world of tech, threats are likely, just not this time and this round.

So what did Google do well in its latest earnings?

If ChatGPT and Bing chat has been terrorizing and eating up Google's search market share, these quarterly results will spill the beans.

Surprise, surprise, Google Search continues to grow with no signs of coming down.

YouTube ads and Google Cloud continue their strong growth as well.

Total revenue hit USD 74.6 billion, up 7% YoY.

Google reported an operating income of USD 21.8 billion, up 12.26% from USD 19.45 billion.

Although costs and expenses edged up, the quantum was not as much as the revenue jump.

Thus, prudent cost management played a part in the growing profitability as well.

Google's profitability can continue to grow if momentum increases and improves.

Google Cloud is already profitable, and will only eke out more profit with the revenue growth.

As for Other Bets, it still has a deepening loss.

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