Company Alphabet, a relatively recently named parent Google company , has reported a significant increase in quarterly revenue and profit in the period from October to December 2016. The company's revenue in the last quarter of 2016 in respect of the annual increased by 22% and reached $ 26.1 billion net profit for the period in respect of the annual increased, but 8% -.. To $ 5.3 billion is interesting that despite the serious increase in revenue Wall Street analysts expected the company some better results.
The vast majority of revenue came from Google's advertising direction - that's $ 22.4 billion Other areas, including smartphones sales, Google Play Store shop and cloud services company, brought Alphabet $ 3,4 billion projects especially Google -.. Autopilots, internet using drones, Google Fiber and more - brought the company for the quarter $ 262 million, or 75% more than the year before. Other unusual Google projects have brought a loss of $ 1.1 billion, which is slightly less ($ 100 million) than the loss from this kind of activity in the same quarter of 2015.
As recognized by Google, 2016 was a year of becoming a very promising area, associated with the introduction of elements of artificial intelligence projects. To this direction could be considered a virtual assistant Google Assistant, the service Google Photos, deep machine learning and more.
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