GOOGL) continues to beat expectations — Alphabet Inc(NASDAQ

Ken Copeland
May 3, 2017

And while revenues at Google's YouTube online video business continued to grow, trouble is brewing following attempts to better manage where ads are placed, causing a big drop-off in revenues for a number of high-profile YouTube "stars". Certain advertisers have curtailed their spending until they are convinced Google can prevent their brands from appearing next to extremist clips promoting hate and violence.

For the first-quarter, Google delivered a jump in their earnings by 28% attributing to the company's shares crossing the 900 level during the after-hours trading. Analysts were expecting that increase to be 29.6%.

She also noted "substantial growth" in other revenues from Google Play, hardware, and Cloud.

The company is locked in a battle with social media company Facebook Inc in the fast-growing mobile advertising market.

Google is expected to command a 61.6 per cent share of the search ad market worldwide in 2017, up from 60.6 percent in 2016, according to research firm eMarketer. Mobile advertisements are cheaper than desktop, but thanks to growing volume, the business is making up the difference. In 2016, more than 88 percent of Google's $89.7 billion in revenue came from advertising.

Arkansas carries out 'first double execution' in U.S. since 2000
Baker heard testimony from attorneys for the inmates, Jones' spiritual adviser and an official with the attorney general's office. In 1994, Williams kidnapped, raped, beat, and strangled Stacy Errickson after forcing her to take cash from an ATM at gunpoint.

Anthony Joshua reveals what he told Wladimir Klitschko just before incredible stoppage
Tyson told Sky Sports pundit Johnny Nelson: "I am looking forward to this one". He said: 'Fury, Tyson Fury, where you at baby? I wish I'd been the victor .

Turkey's EU dream is over, for now, top official says
Erdogan and his supporters argue that a strong presidency will bring stability and more efficient government. He was greeted at the entrance by Prime Minister Binali Yildirim and other party executives.

Paid clicks are where advertisers only pay when a user clicks their ads, increased by 44%. It reported net income of $5.4 billion - or $7.73 per share - up from $4.2 billion, or $6.02 per share, from the year-ago period. Analysts expected the company to report earnings of $7.40 a share on sales of $24.22 billion.

Traffic-acquisition costs are what Google pays partner websites to carry ads. "We clearly continue to benefit from our ongoing investments in product innovation and have great momentum in our new businesses across Alphabet", said Alphabet CFO Ruth Porat.

It is worth mentioning that Google's "other revenues" category, which includes hardware and cloud services, hit almost $3.1 billion in the recent quarter, indicating about 50 percent of gain from the quarter a year before.

"We were highlighting low-quality content in search results", Google vice president of engineering Ben Gomes says. Learn more about Google and other internet companies in its group at IBD Stock Checkup.

'That is quite an impressive achievement'.

Other reports by Guamnewswatch

Discuss This Article