q42015earnings
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Alphabet earnings shows just how much Google's 'other bets' are losing
The newly-minted Alphabet (made up of Google proper and the variety of ventures that make up the "Other Bets" the company is involved in) has just released its first full quarter of financial data under its new structure. At a high level, Alphabet continued the growth that Google has seen over the last year or so -- the company is reporting $21.3 billion of revenue with profits of 4.9 billion. That marks an 18 percent yearly increase in revenue and a 5 percent increase in net income, both decent gains for the company. As has been the case for a number of quarters lately, the gains came on the strength of a growing mobile search business as well as YouTube and the company's "programatic advertising" business.
The iPhone helped Apple to another quarter of record-breaking sales
Apple just announced its Q4 2015 financial results, and as usual it's another big quarter for the iPhone. The company sold just over 48 million iPhones in Q4, up from 39.3 million one year ago. That's despite the fact that the new iPhone 6s was only on sale for about one week of the quarter. The company says it also had the biggest quarter of Mac sales ever, with 5.7 million units sold -- that's up from 5.5 million in the year-ago quarter.
