Google mum on hardware as it divulges revenue for other two big bets
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.”
On Monday, it appeared the first two bets are outperforming the third.
Google parent Alphabet Inc 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 downturn. A Google spokeswoman did not respond to a request to comment.