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1.Market Observations, 8.Was Sticky

30 July 2016 (AFR) – Alphabet revenue surges 21pc, exceeds analysts’ expectations

(30 July 2016, AFR, p9, Reuters)

‘Alphabet, Google’s parent, posted a 21.3 per cent increase in second-quarter revenue, exceeding analysts’ expectations, driven by strong advertising sales on mobile devices and for video content. The strong revenue growth suggests that Google is successfully navigating the transition to mobile, said Colin Gillis, an analyst with BGC Partners.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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