Google parent Alphabet reports a 24% gain in Q4 revenue but the fees Google pays to third-party search partners jumped 33%.
Google's core business brought in $24.1 billion during Q3 but it remains to be seen whether its "Other Bets" will ever be as important.
Since Ruth Porat became CFO last year, Alphabet has been taking "significant measures to slim down its experimental efforts."
CFO Ruth Porat sees "tremendous potential" in such businesses as hardware products, apps sold through the Google Play store, and the cloud.
The Google business unit of Alphabet generated $21.2 billion in revenue, an 18% increase from a year earlier.
