Alapabet Holdings, owner of Google's brand, announced its financial results for the third quarter of 2018, which hit a record high for the giant.
The report, revealed by Google, showed that its gross profit reached $ 33.7 billion during the period from 1 July to 30 September 2018. Compared to the same period last year, the company's profits grew by 21% to $ 27.77 billion .
Although it is the best financial gain ever made by AlphaBate, the stock price on the Nasdaq fell 3.5% after analysts expected financial revenue of 34.04% over the past period.
Looking at the chart published by Statista, Alfabit's earnings will not appear to be decreasing in the near future unless advertisers stop using Google services or move users to another search engine.
The figures do not include the sales of 3G phones and other Google products revealed earlier this month.
