Google CEO Sundar Pichai doubled income at almost $200 million in 2016

Despite recent concerns being expressed by advertisers about Youtube's ability to filter extremist content, revenue from advertising grew to $21.4bn, an increase from $18bn past year.

Revenue from its Google Other unit, which includes Pixel smartphone, Play Store and cloud business, rose 49.4 per cent to Dollars 3.10 billion.

Google's umbrella corporation parent company Alphabet has just unveiled its earnings report for Q1 2017 (which ended in March), with some very positive results across the board.

Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing, reports said.

Alphabet reported a 22.2 percent increase in first-quarter revenue compared to a year ago.

In the final minutes of trading on Thursday, shares hit $891.44, a climb of 24 percent in the last 12 months.

That may not be a big jump but definitely shines a light on Google's efforts to cut down its dependence on revenue from advertising, where it competes with Facebook Inc.

Manchester United's Paul Pogba out of Manchester derby
The stakes are high in the third Manchester Derby of the season, with Champions League qualification points on the line. Mourinho's United are now at the 5th spot with 63 points while Pep Guardiola's City are just above them with 64 points.

Pichai, in response to an analyst's question about Google's channel strategy, replied that Alphabet's cloud business enjoyed the highest growth in headcount and capital expense of all Alphabet's businesses, and that it is now providing the kind of "heavy lifting" needed to help meet enterprise IT requirements.

In terms of costs, one of Google's biggest is stock-based compensation, which was up by 40 per cent, year-on-year, to $1.9bn.

Revenues rose 22% (or 24% in constant currency), which easily beat analyst expectations.

Approximately 250 advertisers were boycotting YouTube, some of which include PepsiCo, Wal-Mart Stores, Starbucks, AT&T, Verizon, Johnson & Johnson, and Volkswagen.

Google CEO Sundar Pichai during an interactive session, recently. However, Google's loss for these ambitious projects ticked up slightly to $855 million.

Alphabet's other businesses such as its Verily Life Sciences, Google fiber, and Nest has overall been able to generate around $244 million during the fourth quarter of 2016 up by $165 million or 48% from the first quarter of 2016. The company showed an iperating income of $7.5 Billion, while Alphabet's other bets exhibited operating losses t the tne of $856 Billion.

Under Pichai's leadership, Google's sales from YouTube and advertising revenue soared.

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