Alphabet: quarterly profit exceeded all forecastsFriday, 28 October 2016 13:59
The profit of a Google holding company Alphabet in recent months rose on 27%. At the moment it is fixed at $5.06 billion. One company's share costs $ 7.25. Three months ago the price per share was $ 5.73. The major of the company's shares belong to the Google corporation. Also Google representative announced that the company intended to buy back own shares worth about $ 7 billion.