Alphabet Reports 12% Increase in Revenue
1. Google's revenue rose 12% to $90.23 billion in Q1. 2. Net income increased 46% to $34.54 billion, exceeding projections. 3. Google announced a 5% dividend increase and a $70 billion buyback. 4. Antitrust challenges threaten Google, impacting future growth prospects. 5. Trade tensions with China may affect advertising revenues.