RESOLVING THE LEDGER
This is one outlet's own report from The Motley Fool — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
See the full story · 1 sources
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is one of the world's largest companies, and it posted one of the most profitable quarters in history. It delivered an incredible $112 billion in net income. However, that comes with a big asterisk.
In Q2, Alphabet generated $120 billion in revenue. It's nearly impossible for a company to turn almost a 100% profit margin, and that's exactly the case here. So, what's the catch with Alphabet's most profitable quarter ever?
Image source: Getty Images.
Continue reading
AIPROPX is an independent multi-source news index — we track, compare, and connect coverage from across the web into one place you won't find anywhere else.