Google shows first cracks in years - News Summed Up

Google shows first cracks in years


Google parent Alphabet Inc. in the first quarter posted its slowest revenue growth since 2015. For all its myriad arms and efforts to diversify, Google remains essentially an old-fashioned billboard operation with a high-tech gloss—and it now faces more rivals. INSIDE THE STRYKER TURRET: NEW TARGETING DESTROYS DRONE SWARMSAlphabet reported first-quarter revenue of $36.3 billion, roughly $1 billion short of forecasts. The company’s margin, a constant concern for analysts and investors, fell to 18%, compared with 25% last year. Excluding the fine, the company’s margin came in at 23% and its per-share earnings were $11.90.


Source: Fox News April 30, 2019 13:18 UTC



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