Google’s parent company, Alphabet, has just released its Q1 2021 financial earnings report. Overall, the company managed to beat expectations, with a 31% year-over-year rise in revenue to $55.31 billion. Much of that was fueled by Search ads and YouTube, two of Google’s biggest revenue streams. At the same time, hardware saw a bit of a boost thanks to the Fitbit acquisition, giving Google access to the best fitness trackers on the market. The financial performance of Google Cloud was also in line with what analysts expected, signaling strong growth in the division.

As usual, Search ads fueled the bulk of Google’s revenue stream, bringing in $31.87 billion in revenue, up quite a bit from $24.5 billion reported at the same time last year. CEO Sundar Pachai spoke in the earnings call about how more people are taking to Google Search to find information on health, vaccines, and jobs,…

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