Alphabet Inc. is basically a holding company among which are some of the stature such as Google and surely pick up the scepter to the most valuable company in the worldor to the detriment of Apple. This technology holding company announced yesterday, Monday, better results than expected, bringing joy to investors and showing the great potential of its business model.
Operations in its core businesses skyrocketed 23% in 2015. Investors and stocks naturally liked this. soared 8% in subsequent operations at the close, which closed the trading day with a net value of $ 559.130 billion as opposed to Apple's 538.700 billion, in addition to being the first company to break the half-trillion dollar mark in October.
This is the first time that Alphabet you have provided specific figures for your core business, that is, income from the Google search engine, YouTube, Android, Google Play ... and for the rest of the companies that are part of this conglomerate, such as Google X (its research subsidiary), Calico (its biotechnology company ), Google Fiber (high speed Internet) or Nest that develops smart home devices among others.
However the market analyst Scott Kessler has already said that it is still early to launch the bells to the flight and that the operations of the company have to be supervised, since (and I quote) «There are many legal and regulatory issues that can arise this year and be a headache ».
For her part, Ruth Porat, CFO at Alphabet has confirmed that the company is keeping a close eye on spending:
Our strong revenue growth in the fourth quarter of 2015 reflects the vitality of our business, driven by mobile search, as well as YouTube and programmatic advertising, all areas in which we have been investing for many years. We are very excited about the opportunities we have through Google and other bets to use technology to improve the lives of billions of people.