Investors dissatisfied with figures Alphabet (Google)

The price of the Alphabet share, better known as Google, was just 6 percent lower due to disappointing figures, despite the increase in ad sales via mobile. The consolidated turnover climbed to 20.26 billion dollars, from 17.26 billion a year ago. Net profit came to $ 4.21 billion. Advertising revenue for the months of January, February and March alone amounted to 18 billion euros

The price of the Alphabet share, better known as Google, was just 6 percent lower due to disappointing figures, despite the increase in ad sales via mobile.

The consolidated turnover climbed to 20.26 billion dollars, from 17.26 billion a year ago. Net profit came to $ 4.21 billion. Advertising revenue for the months of January, February and March alone amounted to 18 billion euros. That amounts to 89 percent of the total turnover.

Advertisements are getting less and less. The cost-per-click even decreased by 9 percent. However, that was partially compensated because more (mobile) advertisements were sold.

In the category 'other bets', which also includes the hardware of Nest, a turnover of 166 million euros was recorded, against an operational loss of 802 million. That is considerably higher than last year, although the turnover has risen and is better than expected.

Operating expenses increased significantly from 6.46 billion a year ago to 7.27 billion.

(under processing)