On a consolidated basis, Alphabet's revenue rose 17.8% year over year to $21.33 billion, and would have climbed an even more impressive 24% had it not been for the negative impact of foreign currency exchange.
Apple is expected to have a relatively rough 2016, according to many industry pundits. Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), on the other hand, is already closing the valuation gap with Apple and appears poised for yet another year of growth.
Though Alphabet formally implemented its reorganization to become the holding company of Google and its various operating subsidiaries last October, this quarter will mark the first earnings report to fulfill the purpose of its new structure.
When Alphabet Inc. (NASDAQ:GOOGL) reports its 2015 full-year and fourth-quarter results, investors will want to see whether the company formerly known as Google managed a stellar rise in revenue comparable with that seen in Facebook Inc.'s recent ...
Alphabet logo Bright Rock Capital Management LLC cut its stake in shares of Alphabet Inc (NASDAQ:GOOGL) by 15.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).