It’s not all about advertising at Alphabet anymore
https://qz.com/1334369/alphabet-q2-2018-earnings-google-is-more-than-just-advertising-now/
Alphabet is proving itself to be more than just a one-trick pony.
Revenue at Google’s parent company rose 25% during the second quarter of 2018, compared with the same period last year. It generated $26.24 billion, excluding traffic costs paid to partners, the company said (pdf) today, July 23. Earnings also soared to $11.75 a share, from $8.90 a year ago—excluding a recent $5 billion fine from European regulators.