The Alphabet profit increased 1.7% for the first quarter of 2018

Прибыль Alphabet выросла в 1,7 раза за первый квартал 2018 года

Holding Alphabet, which includes Google, reported to investors during the first quarter of 2018. The company’s net profit increased by 73%, from 5.4 to 9.4 billion dollars. As active income was last grown in 2009.

Total revenue increased by 25.8% and amounted to 31.2 billion dollars, the revenue from advertising remains a major source of income of 26.6 billion, an increase of 24.4%. The segment «Other areas» which includes self-driving cars Waymo and cloud business, grew by 14% to $ 150 million. The profit of the hardware division, which develops Google Pixel, Google Home and Nest, amounted to $ 4.4 billion.

Only Alphabet employs 85 000 people in January-March of the current year the company employed five thousand employees. Of these, two thousand went along with purchased for $ 1.1 billion in HTC.

Android Police


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