As people spent the beginning of the pandemic sequestered in their homes, companies turned to Google to market their products to the demographic. This was a major contributing factor to Google’s sales of $72.23 billion and profit of $19.91 billion from October to December 2021, the Journal reported, citing analysts surveyed by FactSet.
During this same period in 2020, Google reported $56.9 billion in sales and $15.23 billion in profit, making 2021’s expected sales 27 percent higher, according to the report.
Most of the company’s growth came from e-commerce advertisers who were looking to reach consumers through Google’s search engine.
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