Alphabet now comes before Apple atop the list of the worlds most valuable companies.
Operating income from its core businesses rose 23% in 2015.
Investors liked what they saw and shares spiked 8% in after-hours trading.
Earnings were $8.67 per share, beating estimates of $8.09 per share.
The company attributed its strong revenue growth to search ads, YouTube and programmatic advertising.
Alphabets core business looks very healthy, Josh Olson, an analyst at Edward Jones & Co., said.
Thats going to build investors confidence about the other bets theyve been making.
Alphabet sales are estimated to climb 16 percent this year.
source: www.techworm.net