Here’s what Wall Street analysts had to say about Alphabet’s earnings

“Alphabet’s $85 billion annualized Websites business accelerated on an ex-FX basis to 24 percent year over year growth, driven by 44 percent year over year mobile search growth, 32 percent YouTube growth, and 12 percent desktop search growth. This speaks to Alphabet’s innovation, user/advertiser focus, and ability to build and monetize around its seven 1-billion-user platforms. Second, we are still early in the monetization of these user bases as Alphabet is investing in new monetization opportunities such as YouTube subscriptions that we think could drive 13X higher user monetization, new ad products in Maps which we think could conservatively reach $2 billion to $3 billion of annualized revenue, and hardware/assistant driving cross-device benefits, among others.”

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