Alphabet on Tuesday posted lower-than-expected numbers for its third financial quarter, where it fell behind both revenue and profit expectations. While overall revenue growth slowed to 6% in the quarter for Alphabet, Google Cloud grew 38% year-on-year to $6.9 billion, giving the company much needed support.
“I’ve long shared that cloud is a key priority for the company,” said Sundar Pichai, CEO at Alphabet, while addressing analysts on Tuesday, according to a transcript from Motley Fool.
