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Alphabet Inc (OQ:GOOGL)

Business Focus: Search Engines

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Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEC
Company Contact
Address: 1600 Amphitheatre Pkwy
MOUNTAIN VIEW CA 94043-1351
Tel: N/A
Website: https://abc.xyz
IR: See website
Key People
John L. Hennessy
Independent Chairman of the Board
Sergey Brin
President, Co-Founder, Director
Lawrence E. Page
Chief Executive Officer, Co-Founder, Director
Ruth M. Porat
Chief Financial Officer, Senior Vice President
Sundar Pichai
Chief Executive Officer of Google; Director
David C. Drummond
Senior Vice President - Corporate Development, Chief Legal Officer, Secretary
Business Overview
Alphabet Inc. is a holding company. The Company's businesses include Google Inc. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings, and sales of hardware products. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. It offers Google Assistant, which allows users to type or talk with Google; Google Maps, which helps users navigate to a store, and Google Photos, which helps users store and organize all of their photos.
Financial Overview
For the three months ended 31 March 2019, Alphabet Inc revenues increased 17% to $36.34B. Net income decreased 29% to $6.66B. Revenues reflect Other Bets segment increase of 13% to $170M, United States segment increase of 17% to $16.53B, EMEA segment increase of 13% to $11.79B, APAC segment increase of 27% to $6.11B. Net income was offset by Unallocated items segment loss increase from $164M to $1.85B, Other Bets segment loss increase of 52% to $868M.