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The Alphabet revenues in the fourth quarter are estimated in the fourth quarter, as the business in the cloud of searching became slower than expected, while continuing to accelerate his consumption at data centers in response to an artificial intelligence.
The revenue increased by 12 percent, to $ 96.5 billion in three months to December compared to the same period of the previous year. With the exception of traffic acquisition costs, that figure was $ 81.6 billion and was missing Wall Street in the Bloomberg survey in the amount of $ 82.8 billion. The net income increased by 28 percent, to $ 26.5 billion.
Alphabet The shares have dropped more than 6 percent in the after -time trading. The shares have increased by 45 percent earlier in the last 12 months, giving it a market capitalization of $ 2.5 titled and making it the fifth most respected company listed in the world behind Apple, Microsoft, Nvidia and Amazon.
While Google Cloud Services Business recorded an increase of 30 percent to almost $ 12 billion, this was slower than a 35 percent growth rate in the third quarter, and under $ 12.2 billion analysts predicted.
The alphabet consumption on AI infrastructure continued to escalate in the step with its Silicon Valley rivals. Capital expenditures in the fourth quarter jumped to $ 14.3 billion, which is more than $ 11 billion last year and exceeded expectations by $ 13.2 billion.
Sundar Pichar CEO said: “We are convinced in the options ahead and accelerate our progress, we expect to invest approximately $ 75 billion in capital expenditures 2025.”
Microsoft last week discovered She spent $ 22.6 billion in a comparable quarterly period, but his shares suddenly fell after sales at his Cloud Computing Unit Azure. The target of a quarterly chapex was $ 14.6 billion and executive director Mark Zuckerberg commitment Spend “hundreds of billions” more to remain in the avant -garde of AI research and products.
