Google parent company reports impressive growth in Q4 and FY 2018

Alphabet, the parent company of Google, has just released its quarterly and yearly financial results. The three-month period that ended on December 31 brought total revenue of $39.2 billion and operating income of $8.023 billion, both well up compared with Q4 2017. The yearly numbers looked positive as well - revenue grew from $110.85 billion to $136.81 billion or about 23%. 83% or $32.6 billion of the Q4 revenue came from advertising, most of it on Google properties. Revenues from Other Bets were just $154 million, with operating loss reaching $1.328 billion. This category includes...

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