While the Google name, at least as a publicly traded stock, has been changed to Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), the word "Google" itself is frequently used as a verb in today's world. Thanks to its 93% market share, Google is synonymous with any search for information on the internet -- whether it goes through the Google search engine or not. Driven by the dominance of its search engine, Alphabet has more than doubled its revenue since 2017 and boasts a staggering 29% profit margin. Despite its already massive size, accounting for nearly $38 billion in revenue during the third quarter of 2021, Google search unit revenue grew by 44% year over year. Read More...
While the Google name, at least as a publicly traded stock, has been changed to Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), the word “Google” itself is frequently used as a verb in today’s world. Thanks to its 93% market share, Google is synonymous with any search for information on the internet — whether it goes through the Google search engine or not. Driven by the dominance of its search engine, Alphabet has more than doubled its revenue since 2017 and boasts a staggering 29% profit margin. Despite its already massive size, accounting for nearly $38 billion in revenue during the third quarter of 2021, Google search unit revenue grew by 44% year over year.
