There were many interesting elements to Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) just-released Q3 earnings. Two statistics, in particular, stand out. Find out which ones they are, and how the Internet giant generally fared during the quarter, as Motley Fool analysts Dylan Lewis and Sean O'Reilly break down the earnings release.
Listen to the entire podcast by clicking here. A full transcript follows the video.
Dylan Lewis: Google has six properties. The Internet side of the business has six properties with over 1 billion users. This was something that came out when they were doing their reporting in the conference call. Search, Android, Maps, Chrome, YouTube were already in that club. Google Play just joined them.
Sean O'Reilly: That is really surprising to me. You're a Play user, right?
Lewis: No. I'm an iOS guy.
O'Reilly: Okay. Sorry.
Lewis: It's just a testament to how entrenched they are, especially in mobile. That's a big thing for Google Play.
O'Reilly: Are we witnessing the death of desktop search? What's going on?
Lewis: I think we're getting there. It's never going to die away, but mobile search queries is something they talked about again on the conference call. It's now outnumbered those on desktop. Same goes for YouTube. They're seeing that both with standard Google search, as well as stuff that people are searching for on YouTube.
Dylan Lewis has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares) and Alphabet (C shares). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.