Alphabet – Google’s father or mother firm – has reported a 17% rise in quarterly income after robust promoting gross sales on cellular units.
Income rose to $20.26bn (£14bn) within the first quarter to 31 March from $17.26bn a yr earlier, however nonetheless got here in under analysts’ expectations.
Alphabet’s share worth fell about 6% in after-hours buying and selling.
The typical worth of on-line advertisements, referred to as value-per-click on, fell 9% within the quarter.
However the firm’s internet revenue for the quarter was $four.2bn, up from $three.5bn a yr in the past.
On Wednesday the European Commission issued formal antitrust charges towards Google over claims that it abuses the dominant market place of its Android working system.
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