Apart from Alphabet’s blockbuster earnings reports and the headline-grabbing ‘most valued company’ stuff, Google (and yes, we mean Google and not Alphabet) has achieved a new, significant milestone. Gmail –the service which pretty much single-handedly revolutionised the way we mail — now has a whopping 1 Billion users, making it the largest services of its kind, and a rare feat for a more work-inclined kind of service.
The announcement was made by Google’s Chief Executive Officer Sundar Pichai at the Alphabet earnings call, held today. With this, Gmail joins an exclusive club of other Alphabet properties that rock a billion users or more, including Google Search, YouTube, Google Maps, Android, and Chrome.
Gmail was launched way back in 2004, and it took the company over a decade to reach this point. However, the service has been gaining momentum of late and gained its last 100 million users in less than a year.
Google’s steadfast commitment to its email along with the periodic updates, are the most important reason for this growth amid an increasingly competitive environment.
To take an example, Smart Reply, a feature Google integrated into the email service only last year, now accounts for almost 10 percent of all responses in Inbox.
The event also saw other Alphabet earnings facts see the daylight. The company for example, raked in a staggering $21.33 billion in revenue, equating up to almost $8.67 earnings per share, in the last quarter of 2015. Interestingly, over 99 percent of the said revenue, was generated by Google.
Other Alphabet ventures meanwhile, didn’t do nearly anywhere as well, and resulted in $3 Billion+ in operating losses.
Well, thanks to Google, its parent company (Alphabet) has also laid claim to the title of being the most valuable company on the planet. Wow!!