Google Parent Alphabet Beats Holiday-Quarter Earnings Expectations

The Google name is displayed outside the company's office in London Britain. Toby Melville Reuters  File

As consumers and politicians re-evaluate the data-collecting business models of companies like Google and Facebook Inc., the chance of tough regulations that undercut key revenue streams is increasing.

Yet Alphabet continues to deliver strong top-line growth, which is impressive considering that its revenue base was $137 billion a year ago. It revealed an operating margin of 21 percent for the fourth quarter, which was lower than the projected 22 percent margin and the 23 percent margin it reported in Q4 2017.

Google parent Alphabet Inc. reported thinner profit margins as the internet giant spent heavily to expand its cloud and YouTube businesses.

Not surprisingly, Google Home was the breakout hit for the company over the holiday season.

Cost per click, which somewhat measures the amount Alphabet charges advertisers for each ad served on its web sites, plummeted 29 percent from 2017 and 9 percent from Q3. Earnings per share (EPS) came in at $12.77, showing stronger profits than most analysts predicted and proving that despite the stock price fall, it's not all bad news.

Google's other revenues, which include hardware sales and cloud computing, rose to $6.5 billion for the quarter from just shy of $5 billion a year ago.

Google commands a lion's share of the global digital advertising market, especially when it is linked to online searches, but lifestyles have shifted to smartphones and tablets where it makes less money per ad. Investors also would the company to provide a more detailed breakdown of revenues by business, including YouTube.

Online commerce grew quickly in the final quarter of 2018, helping Google's ad business.

Fans disappointed by Maroon 5 and Travis Scott's Super Bowl halftime show
Maroon 5 opened the show with a " Songs About Jane " deep cut, so a lot of people probably lost plenty of money. The Maroon 5 frontman also hinted at plans to honor those who feel like their voices aren't being heard .


"We feel a deep sense of responsibility to do the right thing and are continuing to build privacy and security into the core of our products keeping users data safe and secure with the industry's best security systems and giving people better and clearer controls".

Late previous year, Google brought in former Oracle Corp. executive Thomas Kurian to lead its cloud business into what it hopes to be a rapid growth stage.

One growing contributor to the company's revenue is Google's hardware business.

Google's cloud unit is laboring through a management transition as well.

Another Google segment of wide interest, called "Other Bets", that includes such companies like as health venture Verily and self-driving firm Waymo, rose 18 percent, to $154 million, well short of the $187.4 million analysts were looking for. Operating losses were $1.33 billion.

Alphabet's cash and other short-term holdings totaled $109.14 billion at the end of 2018.

'Acquisitions are an attractive complement to what we do to drive organic growth.

Cloud engineers and sales professionals also made up the bulk of the 4,000 employees it hired during the quarter, Porat said.

Related News:

  • Iraqis call for U.S.  troops to be expelled after Trump's remarks

    Iraqis call for U.S. troops to be expelled after Trump's remarks

    Iraqi Prime Minister Adil Abdul-Mahdi said at the time that the American president's visit had broken conditions set by Baghdad. Trump also ordered the military to develop plans to remove up to half of the 14,000 US forces in Afghanistan.
    Groundhog Day verdicts are in

    Groundhog Day verdicts are in

    According to the Groundhog Day Web site, the Groundhog Day celebration began with Pennsylvania's earliest settlers. NOAA has said that Punxsutawney Phil has "no predictive skill," and has been accurate 40 percent of the time.
    US Senate vote rebukes Trump on Syria, Afghanistan

    US Senate vote rebukes Trump on Syria, Afghanistan

    Trump late past year declared the US had won its battle against the Islamic State in Syria, and said he would bring troops back. On this measure, McConnell is acting out of a seeming, genuine conviction to keep the United States in Syria and Afghanistan .
  • Liverpool defender Joe Gomez to have more surgery on injured leg

    Liverpool defender Joe Gomez to have more surgery on injured leg

    Last season, Liverpool were one of the strongest attacking sides in Europe but it was their defence that let them down each time . We go game by game and our mentality has to be to stay until the end of the season in first place.
    Huawei’s first Foldable Smartphone will Launch on February 24 at MWC 2019

    Huawei’s first Foldable Smartphone will Launch on February 24 at MWC 2019

    Huawei schedules the keynote reveal of the mystery device on MWC on 24th of this month at 2PM Barcelona time (4pm Nairobi time). The year 2019 will mark the first big deployment of the high-speed next-generation phones with 5G networking technology.
    Northwest measles outbreak revives debate over vaccine laws

    Northwest measles outbreak revives debate over vaccine laws

    Five cases' immunization statuses are unverified and one case was vaccinated - though with only one of the recommended two doses. Get vaccinated now! For more information on the current measles outbreak, please visit Washington State 2019 Measles Outbreak.
  • Snow in San Francisco? Mild cities don't escape winter storm

    Snow in San Francisco? Mild cities don't escape winter storm

    The likelihood of precipitation is low but that would be the likely precipitation type IF precipitation were falling. Along with cold temperatures, winds will be gusty, reducing visibility in spots and making it feel even colder.
    Adam Levine Strips During Maroon 5's Super Bowl Halftime Show

    Adam Levine Strips During Maroon 5's Super Bowl Halftime Show

    Travis did some stage-diving, and then a gospel choir came out, as Maroon 5 sang their hit song " She Will Be Loved ". The 13-minute halftime opened the show with fireworks, as if to alert you that this was important.
    Celtics investigating asking price of key, young NBA players

    Celtics investigating asking price of key, young NBA players

    The rumblings of Davis teaming up with LeBron started when he signed with LeBron's agent, Rich Paul of Klutch Sports Group. Of course, July 1st is when Free Agency opens up which would give Kyrie the opportunity to go wherever he wants.
  • Two Rescuers Rescued During Queensland Floods

    Two Rescuers Rescued During Queensland Floods

    It's still raining in Townsville, but falls there weren't as bad as forecasters had feared. Earlier: AUTHORITIES are desperately searching for two men missing in Townsville's flood.
    Kristaps Porzingis tells Knicks fans to 'stay woke'

    Kristaps Porzingis tells Knicks fans to 'stay woke'

    The former No. 4 overall pick of the 2015 Draft, Porzings was named an All-Star in 2017-18, but his ACL injury occurred days after that and he never got to play in that game. "Now that we have an opportunity to play together, I'm really excited about it".
    Super Bowl Trailers: Watch Them All Here

    Super Bowl Trailers: Watch Them All Here

    His efforts ignited a political firestorm over whether social justice needs to be addressed at the NFL's marquee event. Author Kendra Alvey admitted she was keeping herself busy every Sunday, including the day of the big Super Bowl .


Most liked

Measles Cases Confirmed In Washington State
Public health officials said they have not identified any new locations where people may have been exposed to measles. Once a person has measles, about 90% of close contacts who are susceptible to it will develop the disease, she added.

Justice Department to probe federal jail
The prison was put on lockdown and the 1,600 inmates there were denied access to both family and attorneys. Witnesses also said guards pushed them back and sprayed them with an unknown stinging substance.

Bulls Waive Carmelo Anthony After Trading for Timothe Luwawu-Cabarrot From Thunder
He's a career.385/.317/.829 shooter and offers little playmaking on the wing, averaging 0.9 assists per game for his career. Carmelo Anthony has been waived by the Chicago Bulls , making the 10-time All-Star forward a free agent.

Super Bowl overnight TV ratings fall to 10-year low
The Rams earned the dubious distinction of being tied with the '72 Miami Dolphins for scoring the fewest points in a Super Bowl. The dust has barely settled over Super Bowl LIII , but bookmakers are already looking ahead.

Corn Farmers Are Mad at Budweiser
Corn syrup in beer "should not be a health concern", she says. "You could use doughnuts if you wanted", Schumacher said. Bud Light is throwing some shade in their 2019 Super Bowl Commercial ! "Sugar is sugar.

European Union nations endorse Venezuela opposition leader over Maduro
On Monday, oil prices rose to their highest level yet this year on European markets on the back of the crisis in Venezuela. Sanchez added he wanted to spearhead a plan of humanitarian aid for Venezuela in the European Union and United Nations.

Travis Scott's photo of Kylie Jenner sparks engagement rumours
Even though Stormi may not have any recollection of her time in paradise, her mother made sure to capture those unforgettable moments.

Wreckage of plane carrying missing Emiliano Sala found
On Wednesday, seat cushions believed to have been from the plane were recovered by French authorities, and the search continues. An official search operation for the plane was called off on January 24 but a privately funded search began yesterday morning.

European round-up: Messi injury worry after Barcelona are held
Camp Nou was silenced once again in the 31st minute, however, when Roberto conceded a penalty for bundling into the back of Wass. However, it was not without cost as he needed treatment for what appeared to be a dead leg shortly after equalising.

Could Suarez be Arsenal's secret weapon against Man City?
But having missed almost four months of the season, he says it's inevitable it will take time to find his regular consistency. Henrikh Mkhitaryan is available but probably won't start, and the same is true of newcomer Denis Suarez .

Rapper Bow Wow Arrested After Fight With Woman
Bow Wow's mugshot was released after his arrest in Atlanta on Saturday, revealing angry red scratches across his face. When they arrived to the scene, Holden told authorities that she had been assaulted by the 31-year-old rapper.

5 final questions surrounding Los Angeles Rams heading into Super Bowl 53
New England's largest winning margin in the big game came in Super Bowl LI, when they beat the Atlanta Falcons 34-28 in overtime. At +2.5, the Rams have the third-shortest odds of any underdog going into the Super Bowl since the turn of the Millennium.

Hudson-Odoi is in a 'very good place' at Chelsea, says Flo
Asked about Hazard during Friday's press conference, Sarri said: "I think that he is changing". If I am a dreamer, I am a dreamer. "We are struggling, above all mentally".

Ariana Grande Attempts to Fix Misspelled Japanese Tattoo, But It's Still Wrong
The "Thank You, Next" pop star posted a new photo of the tat to her Instagram story Thursday with the caption: "slightly better". American pop sensation Ariana Grande is being roasted online after enduring a bad experience while getting a new tattoo .

No tax for annual income upto Rs 5 lakh, says Piyush Goyal
Income tax refunds within 24 hours Income tax refunds will be processed within 24 hours and released immediately. So, only those whose total income does not exceed Rs 5 lakh will be eligible for the benefit.