Google Earnings Smash Sales Records as Digital Ad Market Booms

Google’s parent company shattered sales records for the first quarter, fueled by a surge in digital ad spending.

The company posted $31.88 billion in sales from its signature products, including search, Gmail and maps, a 30% increase that reflected the way brands are spending to reach people online. YouTube pulled in $6 billion, increasing 49% from a year earlier.

Total profit reached almost $18 billion, soaring 162% from the previous year.