(Reuters) – The Google matrix, Alphabet Inc. on Monday reported a rise of 17.8% of quarterly sales, thanks to strong sales of mobile advertising and the Internet video site YouTube.
The company, which presents the first results under a new structure, said its consolidated sales rose to 21,330 million in the three months ended December 31, which compares with 18,100 million dollars same period a year ago.
The net profit in the fourth quarter rose to 4,920 million, or $ 7.06 per Class A, B and C capital, from 4,680 million, or $ 6.79 per share.
Alphabet shares rose 6.4% to $ 820, which became the company with the highest value in the US market, displacing Apple that occupied that spot for most of the last four years.
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