The Pixel line enjoys its best quarter ever; Google profits soar as shares will split 20-1

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The Pixel line enjoys its best quarter ever; Google profits soar as shares will split 20-1
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Google's CEO says that the fourth quarter was the best three-month period for Pixel handsets in the history of the line.

Alphabet reported its fourth quarter and year-end numbers for 2021. Search brought in $43.30 billion in revenue for the last three months of the year, a 36% gain from the year-ago figure of $31.90 billion. YouTube ads in the quarter amounted to $8.63 billion, up 25.3% from the $6.89 billion in revenue that YouTube ads brought in during Q4 of 2020.

From October through December, Alphabet garnered revenue of $75.33 billion, up 33% year-over-year from the $56.90 billion it reported for last year's fourth quarter. For all of 2021, Alphabet's revenue was $257.64 billion, up 41% from 2020's figure of $182.53 billion. For example, let's say you own one share of Alphabet valued at $3,000. On the day the split is effective, you will now own 20 shares of the company priced at $150. The total value is the same $3,000.

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