Alphabet Just Posted a Jaw-Dropping $112 Billion Profit. Here’s the Catch.
Alphabet (GOOG -0.88%) (GOOGL -0.96%) is one of the world’s largest companies, and it posted one of the most profitable quarters in history. It delivered an incredible $112 billion in net income. However, that comes with a big asterisk. In Q2, Alphabet generated $120 billion in revenue. It’s nearly impossible for a company to turn…