As expected, Alphabet’s core ad business continues to grow at a remarkable pace, with the company’s third quarter earnings announcement coming in well over Wall Street analysts’ expectations on profit, although slightly under sales estimates for the quarter. The company posted revenue of $33.7 billion for the quarter, with a profit of $9.2 billion, or earnings per share of $13.02.

That said, Alphabet — primarily its Google subsidiary that earns the lion’s share of its revenue — is currently facing one of the most contentious moments in its history, as regulatory scrutiny has forced it to make changes to Android and a mounting number of controversies around censorship and China threaten the company’s position in the eyes of both…

Continue reading…