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Alphabet, Google's new parent company, reported strong third-quarter earnings Thursday, beating estimates with a total revenue of $18.7 billion. The company's six products—Google, YouTube, Android, Google Maps, Google Play and Google Chrome—now each have more than 1 billion users globally.
"We're excited about the opportunities ahead of Google and across Alphabet," said Ruth Porat, Alphabet and Google CFO, in a statement. "Our Q3 results show the strength of Google's business, particularly in mobile search."
Indeed, advertising revenue for the third quarter totaled $16.8