Google-overlord Alphabet's stiff growth fails to satisfy investors
05:58, Jan 28, 2017
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After analyzing Alphabet's fourth-quarter numbers Friday, Deutsche Bank analyst Lloyd Walmsley estimated the company sold 1.5 million of the new phones, the only devices with Google Assistant built in.
Thanks to the growth of the digital economy and the shift of consumers and advertisers from offline to online, Google has generated outstanding growth which continued in 2016 with more than 20% growth in third quarter revenue and earnings.
Revenue is up 22% from $21.3 billion in Q4 2015, with net income at $5.3 billion for this quarter.
Quarterly earnings per share didn't quite meet Wall Street's $7.67 target, coming in at $7.56.
Pichai said 2016 stood out as the year artificial intelligence became central to Google's mission as a company.
Aggregate paid clicks rose 36% year over year, while paid clicks on Google properties increased 43%. GOOGL's other Bets revenue grew to $262 million from $150 million a year earlier, and the operating loss of $1.09 billion narrowed from $1.21 billion. Ad revenue generated about $22.4 billion, up 17% year-over-year, Google said.
Recent forecasts reported by eMarketer suggest YouTube's net USA video ad revenue could reach $2.59 billion in 2017, accounting for 20% of total US video ad revenue and making for the largest share of video ad revenue for any one company.
"Our growth in the fourth quarter was exceptional - with revenues up 22% year on year and 24% on a constant currency basis", Ruth Porat, chief financial officer of Alphabet, said in a statement.
Incidentally, shares of Alphabet are now down almost 2% in after-hours trading.
But Alphabetrevenue did top expectations. "You'll see us invest more-more [availability in] countries, more original content", said Sundar Pichai, Google's CEO.
Other Bets would include things like Nest, GV (formerly Google Ventures), and all other side-projects like Project Loon.
When I look at what it would take to do voice search well, our years of research into natural language voice processing comes into play.I think there's a lot of work ahead to make this work well for users. "Our cloud business is on a tremendous upswing", he said in comments on the call. In October, Google released its first smartphone in an attempt to challenge Apple's iPhone, as well as its Google Home smart speaker as part of a new push into hardware.
Similar to the Packers' defense, the Steelers' unit has not been the best this season, but they have rounded into form as of late. The most notable thing he doesn't have, that the other three elite quarterbacks still standing do have, is a Super Bowl ring.
The Thunder didn't carry over its composure after halftime, strangely chucking 3-pointers - three in the first 63 seconds . Westbrook is scoring a league-best 30.6 points per game to go along with his average of 10.4 assists and 10.6 rebounds.
If the Chiefs can get up on the Steelers and control the football, they can make the Steelers one dimensional. The 2014 sixth-round pick from McGill completed his second season as Kansas City's starting right guard.
The march has also drawn thousands of women from different backgrounds who simply hope to show their solidarity against Trump. There were so many participants, in fact, organizers were unable to march the intended route to the White House as planned.
This year, dress code is requiring a white tie dress. "TOGETHER, we will MAKE AMERICA GREAT AGAIN", his tweet read. There is no saying how she will fulfill the role of a First Lady, but she made a striking first impression.
Asked if Trump could shoot a score of under 80 at the Riviera course, Woods paused, smiled and said, "Not today". Get yourself in contention, build your way up. "And I know I can win golf tournaments".
With all the experience that Brady had and the way the Patriots are built this season, they are the favorites to win the game . They're family to us, and I'm sure if he talked to his owner , he would say the same thing about the Rooneys.
Ryan succeeded in a 33-32 win over Green Bay in late October, throwing an 11-yard touchdown pass with 31 seconds remaining. What followed was a good old-fashioned shootout, with it appearing that the last team to have the ball would win.
In fact, the Knicks are prohibited from acquiring Blake Griffin due to a complicated rule in the collective bargaining agreement. Additionally, the Knicks would have allegedly discussed with Anthony his no-trade clause has the Cavaliers been interested.
And her uproarious turn in the 1996 comedy Flirting with Disaster provided that her comic timing was as sharp and biting as ever. Lena Dunham and her fellow Girls showrunner Jenni Konner both released statements about Moore's impact.
For the year as a whole, China's reserves fell $320-billion to $3.01 trillion, on top of a record drop of $513-billion in 2015. Since then, Sinche noted, "once that "strong dollar" policy was put in place, it's been very hard to undo it.
Williams sisters face off in Australian Open final
Federer's semifinal opponent will be Stan Wawrinka, who had his major breakthrough in Australia in 2014. Serving for the first set, Vandeweghe faced her first break point of the set, but saved it with an ace.
AFC Championship Game: Steelers vs. Patriots
History aside, Brady said he is expecting to get the best from Pittsburgh, which started the season 4-5 but has won its last nine. By the end of the play, seven Steelers were trying to gang tackle Blount, who finally went down at the 1-yard line .
Marchers Say They're Going to Stay Active in Politics
The march was organized primarily by women in opposition to President Donald Trump proposed policies on women's rights. In Massachusetts, organizers anticipated as many as 80,000 participants for the sister march in Boston.
Three killed as auto smashes into pedestrians in Melbourne
Chief Commissioner Graham Ashton said grave fears were held for three victims fighting for their lives in Melbourne's hospitals. Bateson said there was no further danger to the public, but said police "ask the public to avoid the scene".
Boston loses despite a huge game from Isaiah Thomas
He's shooting 49 percent from the field in the final frame and a sensational 45 percent from 3-point range. "They're pretty cool. One would have to assume that Boston will use all of those players, and likely more, against Anthony yet again tonight.
Anthony says has proved Knicks loyalty
Additionally, the Clippers don't seem to have the interesting draft picks to make a trade with NY , for Anthony, feasible. That brings down his trade value to a level that wouldn't be catastrophic for the Clippers if they lost him.
Tom Caron: Patriots' wake-up call was disguised as a win
Guard David DeCastro said the team needs to be better and running back Le'Veon Bell said they'll need "better than our A-game". He had more touchdowns than interceptions in just one of the games, last year's wild-card victory over the Cincinnati Bengals.
Serena swats doubts, Bencic aside to reach second round
HEATHER WATSON , British tennis player, on defeating home favourite Sam Stosur 6-3, 3-6, 6-0 in 36degC heat at Melbourne Park. Recently peaking at world No.5, the 2014 finalist should progress without fuss against world No.90 Denisa Allertova .