SAN FRANCISCO (Reuters) – Google Chief Executive Sundar Pichai over the last three years has touted the business prospects of what he has called “three of our biggest bets: YouTube, cloud and hardware.”
FILE PHOTO: (L to R) Google Wifi, Google Chromecast Ultra, Google Home, Google Pixel XL, Google Pixel and Google Dreamview VR are displayed during the presentation of new Google hardware in San Francisco, California, U.S. October 4, 2016. REUTERS/Beck Diefenbach/File Photo
On Monday, it appeared the first two bets are outperforming the third.
Google parent Alphabet Inc (GOOGL.O) separately listed YouTube and cloud revenue on its quarterly financial statements for the first time. But it gave no specifics on hardware beyond that sales declined, compared to a year ago, during a holiday period in which consumer electronics are a common gift.
Pichai, who gained the additional role of Alphabet CEO in December, and Chief Financial Officer Ruth Porat did not specify a cause for the…
Source Reuters Tech News