Alphabet has reported Q3 revenue of $27.8 billion, up 24% year-on-year, with net income up to $6.73 billion.
Other bets revenues were up to $302 million, with a slightly narrowing loss of $812 million.
Full earnings release (PDF) [abc.xyz
For those of you interested in the breakdown, there are some interesting figures on the Traffic acquisition costs (TAC) to Google Network Members and distribution partners:
Three Months Ended September 30, 2016 to Three Months Ended September 30, 2017
TAC to Google Network Members $2,623 (2016) $3,101(2017)
TAC to Google Network Members as % of Google Network Members' properties revenues
70% (2016) 71%(2017)
TAC to distribution partners $1,559(2016) $2,401(2017)
TAC to distribution partners as % of Google properties revenues
Total TAC $4,182(2016) $5,502(2017)
Total TAC as % of Google advertising revenues 21%(2016) 23%(2017)
Cost per click grew only 1% quarter-on-quarter, but was down 18% year-on-year. At least it seems to have stemmed the downward trend on CPC. Clearly, the volumes must be up significantly for it to have increased revenues so much.
Stock in the company were trading at over $1,000 per share.
Clearly, other bets are improving, but they appear to have a long way to go before it balances the scales away from ads to the other bets.