Why Alphabet Continues to Hire for Its Cloud Business
Google’s (GOOGL) Other Revenues outpaced the company’s overall growth in 4Q17. While Alphabet’s overall revenues increased 24.0% YoY (year-over-year) in 4Q17, Other Revenues jumped 38.0% YoY in the quarter. The robust growth of Google’s Other Revenues seems to be partly tied Alphabet’s hiring practices.