A booming economy and rising internet usage have driven Google to record revenues in the last few years. The average estimate among financial analysts tracked by Refinitiv was $40.29 billion, up 10.87%, expecting the slowest growth since 11.1% in the second quarter of 2015. While Google tools including Duo video chatting and YouTube have become essential to many users this year, the company largely does not charge for them and instead generates revenue selling ad tools as well as links, banners and commercials on its services and those of partners. …read more
Source:: Yahoo Finance
