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Google reports strong profit, says it's 'rethinking everything' around machine learning

James Niccolai | Oct. 23, 2015
Google's products will use that form of AI even more in the future.

On Thursday, though, it was business as usual, and the results last quarter were largely good. Google's overall revenue climbed 13 percent from a year earlier to $18.7 billion, while net profit jumped 45 percent to $3.9 billion.

Much of the growth came from mobile search, Porat said. Last quarter, the number of searches on mobile devices passed the number on desktops for the first time. India was a particularly strong area for mobile growth.

Revenue from YouTube also grew at a "significant rate," she said, and Google's programmatic advertising business -- real-time, automated purchasing of ads -- was strong.

And Google for Work grew at "a tremendous rate," Porat said. Google Drive for Work passed one million subscribers last quarter for the first time, she said.

Speaking of Google's cloud services for businesses, which compete with Microsoft Azure and Amazon Web Services, Pichai said Google is "investing a lot and playing for the long term"

Not all was rosy, though. Aggregate paid clicks -- the number of times Google made money when a user clicked on an advertisement -- increased 23 percent from a year earlier, but the amount of money Google received for each click dropped by 11 percent, continuing a downward trend from the past several quarters.

 

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