Alphabet, parent company of Google, earns 32,438 million until June, 11% less than last year

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The internet giant

's parent company

, announced on Tuesday net profits of 32,438 million dollars between January and June, which represents a drop in profits of 11% compared to the same period of the previous year.

The company of the most used online search engine in the world invoiced during the first six months of the year 137,696 million, the vast majority from advertising, 17.5% above the 117,194 million entered in the first quarter of 2021, although also operating costs skyrocketed.

The fact that profits have decreased despite the rise in income is explained by the increase in operating costs (20% higher than in the same period last year), as well as by the absence of some 7,000 million in extraordinary income that the company had in 2021.

For their part, Alphabet investors pocketed

share over the past six months , up from $2.72 a year ago.

The

-based company increased revenues in all its business segments, although the growth of advertising on the online video platform

, which it owns, was lower than expected.

If a year ago Alphabet entered 7,002 million dollars per quarter through YouTube, now this figure is 7,340 million, below analyst forecasts.

Alphabet's largest source of income is the sale of advertising space on its various online platforms, which accounts for more than 80% of total billing.

In turn, within the advertising segment, the income derived from

are the ones that contribute the most money to the company (40,689 million dollars in the last quarter).

Apart from advertising, the company also raises money through its cloud computing platform,

, which in the past three months contributed 6,276 million dollars to the coffers of the company, becoming one of the segments of higher growth.

By markets, the United States is Alphabet's main source of income (47% of the total), followed by the region comprised of

.

"In the second quarter of the year, our business was led by the internet browser and the cloud. The investments we have made in the past few years in artificial intelligence and computing are helping to make our products very valuable to consumers and effective for companies," said Alphabet CEO Sundar Pichai when presenting the accounts.

Alphabet's results encouraged investors on

, with the firm's shares rising 2.52% to $107.95 a share in after-hours electronic trading on New York markets.

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