Quarterly Alphabet business figure, under Google control, increases by 22% – 04/02/2019 – Tec



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Alphabet, Google's parent company, announced revenue growth in the last quarter of 2018, the latest strong performance index in the technology world despite growing public pressure. Billions of dollars over the last three months and $ 136.82 billion in a year, a leap of $ 32.3 billion and $ 110 billion same period of the previous year.

Overall revenue growth of 22% was close to market expectations.

Alphabet, whose performance covers almost the entire technology sector, is a reference point for Silicon Valley.

The company based in Mountain View, California, with a growing presence in new centers such as New York and Nashville, remains a beacon for talent. The so-called cost of acquiring traffic, a measure of Google's payments to partners, such as mobile operators for the broadcast of announcements, amounted to 2.7 billion dollars, more than double that number five years ago. 7.4 billion during the quarter, compared to 6.5 billion USD for the same period last year.

Costs have absorbed a growing proportion of revenue. Leaders said they expect to reduce these costs, including selling more products, such as the Pixel phone, which is still unpopular.

In the aftermarket, stocks fell 2.4% to $ 1,113.54.

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