Company executives touted strong results in mobile search, among other things, and cited continued growth in YouTube. Alphabet reported more than $3.4 billion in "other revenues," a category that includes hardware sales. The results come on the heels of a strong third quarter showing for the Mountain View, Calif.-based company. Alphabet doesn't break out the results of hardware or so-called "other bets," which includes Google's moonshot division, X, and continues to lose money. On Thursday, Alphabet reported an operating loss of $1.1 billion for other bets, up from an $840 loss in the third quarter of 2016.

Source: Forbes January 26, 2017 21:26 UTC