Alphabet’s Earnings Disappoint. Blame It on the iPhone.

Alphabet’s Earnings Disappoint. Blame It on the iPhone.

Alphabet’s Earnings Disappoint. Blame It on the iPhone.br Its profits were weighed down by an increase in traffic acquisition costs — the fees Google pays companies like Apple to ensurebr that its search engine is the default option when people open a browser on the iPhone.br Alphabet said Google’s traffic acquisition costs in the quarter increased 33 percent from a year earlier, to $6.45 billion.br In the fourth quarter, users clicked on 48 percent more ads on Google sites — including search and YouTube — than a year earlierbr SAN FRANCISCO — Quarter after quarter, investors have become accustomed to Alphabet’s revenue and profit growing at a pacebr that seems to defy gravity for a company well past its start-up years.br Last year, Bernstein Research estimated that Google would pay about $3 billion tobr Apple in 2017 to remain the default search option on Apple’s mobile devices.


User: RisingWorld

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Uploaded: 2018-02-02

Duration: 01:29