Google's Revenue and Profitability Is Getting Ready to Accelerate Again
Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) just reported a knockout finish to 2020. Revenue and operating income increased a respective 23% and 69% year over year in the fourth quarter. So much for big tech losing steam.
The biggest news, though, was Google revealing key details on its major reporting segments for the first time, most notably the operating margin for Google Cloud. The new insight provides a big clue that Google's growth -- and more importantly, its profit margins -- are gearing up for further rally in the year ahead.
Image source: Getty Images.
Source Fool.com
