Alphabet shares sink despite making $8.9bn profit in last quarter

Alphabet shares sink despite making $8.9bn profit in last quarter

5 years ago
Anonymous $Dftgs0JzgE

https://www.theguardian.com/technology/2019/feb/04/alphabet-google-shares-profits-earnings-quarterly-report

Parent company of Google earned $39.27bn in last quarter of 2018, with revenues 22% higher compared to previous year

Alphabet, the parent company of the internet search giant Google, earned $39.27bn in the last three months of 2018, but its share price sank as its costs rose.

Alphabet shares sink despite making $8.9bn profit in last quarter

Feb 4, 2019, 11:41pm UTC
https://www.theguardian.com/technology/2019/feb/04/alphabet-google-shares-profits-earnings-quarterly-report > Parent company of Google earned $39.27bn in last quarter of 2018, with revenues 22% higher compared to previous year > Alphabet, the parent company of the internet search giant Google, earned $39.27bn in the last three months of 2018, but its share price sank as its costs rose.