Nearly everyone uses Google search, YouTube, or the Android operating system. As a result, Google’s parent company, Alphabet, has prospered. Its annual sales grew $20.5 billion to $110.8 billion in 2017, vaulting it into the top 25 of the Fortune 500 list. But last year’s $12.7 billion profit was 34% lower than a year before, partly because of a $2.7 billion antitrust fine by European regulators. While Alphabet’s shares have fluctuated over the past year, they managed to rise 18% over the 12 months ending in May.
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News about Alphabet
Much more uncertainty than just who is the next CEO.
More acquisitions almost certainly on the way.
Catering to today's world of new media stars and celebrities.
This is your Data Sheet newsletter for Wednesday, June 20, 2018.
Smartwatch sales from Apple, Fitbit, and others are poised to double by 2021, according to new research.