Posts Tagged: "Alphabet"

By the end of 2015, about 40% of all credit and debit card transactions will use EMV cards. To process payments on EMV cards, businesses must upgrade to new card processing or point-of-sale technologies.

Although some tech companies publishing earnings reports had rockier third quarters than others, performance was very good almost across the board, making now a very good time to be in the consumer or high tech industries. The third quarter of 2015 is the first one for which Google reported its earnings under the name of its new parent holding company, Alphabet Inc. (NASDAQ:GOOG). The early returns are showing that the new structure is a profitable one for Alphabet, which beat analyst estimates for earnings per share (EPS) by almost 15 cents per share. It was a much different story for IBM (NYSE:IBM) of Armonk, NY, when its earnings report missed on the low side of analyst expectations, marking the 14th straight quarter for which the enterprise tech developer has reported falling revenues.

Google recently announced that it would be undergoing a major corporate restructuring, folding itself into a new corporation called Alphabet Inc. The move has been marketed as a means by which Google can remain more innovative insofar as it allows Larry Page and Sergey Brin to continue to make technological bets that have long odds while affecting search engine revenues less. Aside from the Internet division, there are as many as 80 other divisions where it is hoped that R&D development will continue while they grow into services with the billion+ level of users claimed by Google’s Internet services. This article takes a look at some of those divisions and how they stand to gain.