Nearly everyone uses Google search, YouTube, or the Android operating system. As a result, Google’s parent company, Alphabet, has prospered. Its annual sales grew $20.5 billion to $110.8 billion in 2017, vaulting it into the top 25 of the Fortune 500 list. But last year’s $12.7 billion profit was 34% lower than a year before, partly because of a $2.7 billion antitrust fine by European regulators. While Alphabet’s shares have fluctuated over the past year, they managed to rise 18% over the 12 months ending in May.
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News about Alphabet
According to new eMarketer estimates.
It joins other companies like Google, Microsoft, and Accenture that are developing similiar tools.
The sales software company is branching out to more general, workplace software.
A prototype Google search engine for China would link Android phone numbers to people's searches