Q3 2015 is one of Google's strongest as Alphabet announced the company's financial results for the quarter. Google's revenue for the period is $18.7 billion, a 13% year-over-year rise. Google's websites generated $13 billion of that revenue - a 16% year-over-year increase.
Net income was also high at $3.98 billion, compared to Q3 2014's $2.74 billion.
Google saw a rise in revenue across its devices and advertising businesses. Other revenue streams, including hardware sales brought $1.89 billion in. Average paid clicks were up 23%.
Ruth Porat, CFO of Alphabet and Google, was quite happy with the results:
Our Q3 results show the strength of Google's business, particularly in mobile search. With six products now having more than 1 billion users globally, we're excited about the opportunities ahead of Google, and across Alphabet.
Operating costs were also up totaling to $6.93 billion up from $6.1 billion from the same period last year. Additionally, Alphabet revealed it will be buying back north of $5 billion in stock in the coming quarter.
the Winner in Competition is GOOGLE not Samsung, Not Xiaomi, Not Huawei, etc.... GOOGLE is the winner
Funny how that's just Google's earnings, and not Alphabet's.
in a nut shell best description i found of what product red is "example of the corporate world aligning its operations with its central purpose of increasing shareholder profit, except this time it is being cloaked in the patina of philanth...