Alphabet records $39.2 billion in revenue with 22% YoY growth in Q4 2018

Alphabet Inc. has announced financial results for the fourth quarter of the year that ended on December 31st, 2018. Google reported total revenue of $39.2 billion with 22% YoY growth and 23% increase in constant currency revenues year over year. The company had an operating income of $8.203 billion with 21% operating margin. Continue reading “Alphabet records $39.2 billion in revenue with 22% YoY growth in Q4 2018”

Alphabet’s Verily said to be working on health-tracking shoes to measure movement, weight and falls

Alphabet’s Verily life science arm seems to be planning on bringing health-tracking shoes to measure movement, weight, and falls. The company is looking for partners to co-develop these shoes. Sources reveal that Google’s company in recent months has shown a prototype of the design in private meetings, hoping to attract partners to build the shoes and take them to market.  Continue reading “Alphabet’s Verily said to be working on health-tracking shoes to measure movement, weight and falls”

Alphabet records $31.1 billion in revenue in Q1 2018, Google ad business contributed 85%

Google

Google’s parent company; Alphabet has announced their first-quarter results for 2018. The company has recorded a $31.1 billion in revenue with an increase of 26% and 22% over the previous year, respectively. Google ad business remains strong and roughly contributes to about 85% of the revenue.  Continue reading “Alphabet records $31.1 billion in revenue in Q1 2018, Google ad business contributed 85%”

Alphabet revenue up 24% YoY in Q4 2017, Google ad, cloud business remain strong

Google

Google’s parent company, Alphabet today announced financial results for the quarter and fiscal year ended December 31, 2017. The company posted a record 24% increase in revenue with $32.323 billion compared to the $26.064 billion in Q4 2016. The company posted revenues of $110.9 billion in complete 2017.  Continue reading “Alphabet revenue up 24% YoY in Q4 2017, Google ad, cloud business remain strong”

Eric Schmidt to step down as Alphabet’s executive chairman, will continue as technical advisor

Eric Schmidt

Alphabet Inc. today announced that Eric Schmidt, the current executive chairman as of the next regular board meeting in January 2018 will be stepping down and will continue to serve the board of directors as technical advisor. Continue reading “Eric Schmidt to step down as Alphabet’s executive chairman, will continue as technical advisor”

Alphabet reports $24.75 billion in revenue, $5.42B in net income in Q1 2017

Alphabet

Alphabet has announced financial results for Q1 2017. The company has reported $24.75 billion in revenue, up 22% YoY while it garnered $5.42 billion in net income, up 29%. Continue reading “Alphabet reports $24.75 billion in revenue, $5.42B in net income in Q1 2017”

Alphabet records $26.06 billion in revenue, $5.3 billion in net income for Q4 2016

Alphabet

Google’s parent Alphabet has announced financial results for Q4 2016. The company has recorded $26.06 billion in revenue and $5.3 billion in net income. The company reported $22.4 billion in revenue and $5 billion in net income last quarter.
Continue reading “Alphabet records $26.06 billion in revenue, $5.3 billion in net income for Q4 2016”

Alphabet reports $22.45 billion in revenue, announces $7 billion share buyback in Q3 2016

Alphabet

Google’s parent Alphabet has announced its financial results for Q3 ended September 30, 2016.. The company reported  $22.45 billion in revenue while net income was $5.7 billion. Continue reading “Alphabet reports $22.45 billion in revenue, announces $7 billion share buyback in Q3 2016”

Alphabet records $21.5B in revenue, $4.88B in net profit for Q2 2016

Alphabet

Google’s parent Alphabet has announced financial results for Q2 2016. The company has recorded $21.5B in revenue, compared to $17.7 billion during the same quarter a year ago. It also exceeded Wall Street expectations of $20.76 billion. Continue reading “Alphabet records $21.5B in revenue, $4.88B in net profit for Q2 2016”

Nest introduces weatherproof IP65 rated ‘Nest Cam Outdoor’ with magnetic base

nest-cam-outdoor-official

Nest Labs has updated its Nest Cam lineup and introduced a new security camera for outdoors dubbed the Nest Cam Outdoor alongside additional features to the Nest Aware service, and few updates to the Nest app. Continue reading “Nest introduces weatherproof IP65 rated ‘Nest Cam Outdoor’ with magnetic base”

Alphabet records $20.25 billion in revenue, $4.21 billion in net income for Q1 2016

Alphabet

Google’s parent company Alphabet has announced results for first quarter 2016 that fell short of anaylsts expectations. Alphabet raked in revenue of $20.26 billion in the period from January to March, reporting a 17% YoY increase in revenue. Continue reading “Alphabet records $20.25 billion in revenue, $4.21 billion in net income for Q1 2016”

Alphabet outshines Apple to become the most valuable company

Alphabet, the parent company of Google has exceeded Wall Street expectations and recorded $21.3 billion of revenue with profits of $4.9 billion for Q4 ended December 31, 2015. With the strong revenues, Alphabet is now worth around $568bn, compared with Apple, which has a value of $535bn.

Alphabet Continue reading “Alphabet outshines Apple to become the most valuable company”

Google’s self driving car division to be a separate Alphabet company in 2016

Google has big plans for its driverless car business in 2016. The company is turning its self-driving cars unit into a standalone business under Alphabet next year, according to a latest report from Bloomberg.

Google Self Driving Car Prototype Continue reading “Google’s self driving car division to be a separate Alphabet company in 2016”

Google records $18.7 billion in revenue, $3.98 billion in net income for Q3, 2015

Alphabet has announced Google’s Q3 results ending September 30th, 2015. Google recorded a total revenue of $18.7 billion, a 13% year-over-year increase from last year’s $16.5 billion.

new-google-logo-september-2015 Continue reading “Google records $18.7 billion in revenue, $3.98 billion in net income for Q3, 2015”

Google’s “Don’t be evil” code of conduct is now Alphabet’s “Do the right thing”

google_alphabet_code_of_conduct

Google which is now a subsidiary of Alphabet Inc has received a new code of conduct. Earlier it was “Don’t be evil” and the new code of conduct is “Do the right thing”.

Continue reading “Google’s “Don’t be evil” code of conduct is now Alphabet’s “Do the right thing””