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Google Alphabet Profit and Investment

Google’s mother alphabet boosts revenue and profit

The profit of $ 5.43 billion at Alphabet and $ 7.6 billion at Google. Currently, only the search engine sheds money.

Alphabet publishes the balance sheet for the first quarter of 2017. The company’s sales are growing by 22 percent to 24.75 billion dollars. Net profit increased 29 percent to $ 5.43 billion, or $ 7.73 per share. In both cases, the Google mother surpassed analysts’ expectations, which had predicted a $ 7.40 per share surplus of $ 24.2 billion. (more…)