Alphabet reports increased revenue for Q3, but profits are down 23 percent - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Tuesday, 29 October 2019

Alphabet reports increased revenue for Q3, but profits are down 23 percent


Last August, Alphabet was seen taking over Apple to become the most cash-rich company on Earth, mostly because of the latter's overseas profit repatriation and relatively high R&D spending. However, Google's parent company has posted its latest financial report, which tells a mixed story to investors.

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