While Alphabet Inc. (NASDAQ: GOOGL), or Google, is not in all of the same operations as Apple Inc. (NASDAQ: AAPL), Monday held a critical issue for Apple’s status as the largest company in the world. This happened when Alphabet reported its fourth-quarter financial results after the markets closed on Monday.
The company had $8.67 in earnings per share (EPS) on $21.33 billion in revenue, compared to the consensus estimates from Thomson Reuters of $8.10 in EPS on revenue of $20.77 billion. The same period from the previous year had EPS of $6.76 and $18.10 billion in revenue.
In constant currency, revenues increased by 15% in the fourth quarter.
Aggregate paid clicks increased by 31% from the fourth quarter of last year, but were up only 17% sequentially. The aggregate cost-per-click also decreased on the year-over-year basis by 13%.
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