Alphabet generated revenue of $39.3 billion during the fourth quarter of 2018, compared to $32.3 billion during the same quarter a year before.
Ruth Porat, CFO of Alphabet and Google did not provide any guidance for 2019 and simply said that the company will continue to make focused investments in the talent and infrastructure needed to bring exceptional products and experiences to users, advertisers, and partners around the globe..
Partly because of the higher spending, Alphabet reported an operating margin of 21 percent in the fourth quarter, down from 24 percent a year ago.
Alphabet shares were down 3.3 percent to $1,103.50 in after-market trades that followed release of the earnings figures from the final three months of previous year.
Pichai highlighted YouTube as one of the company's success stories, saying the number of YouTube channels with more than 1 million subscribers almost doubled in 2018. The corporation reported $7 billion in expenditures, more than the projected $5.63 billion.
Analysts said Google's core advertising business is starting to plateau, an indication of stiffening competition.
"Last year we more than doubled both the number of Google Cloud Platform deals over 1 million as well as the number of multiyear contracts signed", Pichai said.
One of the biggest challenges, it seems, that Alphabet faces is the battle to dominate cloud storage and services.
How well Google fares with investors will depend on how aggressively the tech giant tackles cloud computing services in the next year, either organically or through acquisitions. Among the more damaging of those was its work on a China-specific search engine which ultimately caused questions to be raised by the United States government.
Cloud engineers and sales professionals also made up the bulk of the 4,000 employees it hired during the quarter, Porat said.
The newspaper said the inquiry also was focused on whether the inauguration misspent money it raised to stage inaugural events. A spokesperson for the Southern District of NY didn't immediately respond to HuffPost's request for comment.
With a cast including Zoe Margaret Colletti , Michael Garza , Austin Zajur , Gabriel Rush , Kathleen Pollard , and Gil Bellows . The book series made us all sleep with a light on, and the movie is going to make us do the exact same thing.
The Saints had to settle for a field goal before the Rams tied the game, then won in overtime to reach Super Bowl LIII. Sunday's low-scoring affair didn't help soothe the annoyance Saints players and fans felt about their perceived snub.
In that film, he should cast Sonu as a villain, Mishti as lead actress and he should hire Apurva to write the story of the film. So, if it's my power then, I have deserved it, I have earned it". "There is no point in feeling jealous or attacking me".
None of the 29 apps give any indication that they are throwing up these ads so it will be hard for the users to identify them. Instead of actually returning edited photos, the developers were able to collect users' photos for other purposes.
The hollow space that has taken 14 billion tons of ice , is located under the Thwaites glacier in West Antarctica. Thwaites Glacier is now responsible for about four per cent of global sea level rise, researchers said.
Recognise rights of all faiths, urges Pope Francis
The religious leaders had just signed a document about fighting extremism and decided a smooch was the flawless way to celebrate. Out of the roughly nine million people living in the UAE, the Catholic Church estimates as many as one million are Catholic.
Freezing rain warning in effect
More soaking rain showers are likely Thursday before temperatures fall back to closer-to-normal cool February highs this weekend. With the temperature hovering steady around 4 C, it'll be warm for the season, and the fog should mostly dissipate by noon.
Iran threatens region with missile
Last week, Iran dismissed the pressure from France for talks, but said it had no plans to increase the range of the weapons. Iran displayed the new missile on state television to mark the anniversary of the 1979 Islamic Revolution.
Chinese new year marks the year of the pig
In addition to the Gregory calendar, China also uses a zodiac calendar based on 12 animals. However, even today, eating meat is considered as a wealth and status symbol in China.
Porzingis tells NBA Knicks fans to 'Stay Woke!'
ESPN then caught up to Cuban after the presser to ask if he's anxious that Porzingis may eventually sign elsewhere. When asked if that was true, Porzingis replied: "Listen, we're on the same page".
Egypt unearths more than 40 mummies in 'maze of tombs'
Their identities are still unknown, but the mummification method suggests they held important or prestigious positions. The discovery site was unveiled over the weekend to diplomats and journalists from a number of nations.