Google’s parent company, Alphabet can rejoice over the growth in last year’s final quarter, largely thanks to increased revenue from YouTube and mobile search.
the Company says that the result increased by eight per cent to 5.3 billion dollars (about 44 billion Norwegian kroner) in the last quarter.
the Turnover was 26 billion dollars, up 22 percent from the same period the year before.
” Our growth in the fourth quarter was exceptional, beats chief financial officer Ruth Porat in the Alphabet fixed.
the Market had, however, expected that growth would be higher, and since the values are bound to fall by almost two per cent after the results were presented.
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