Jim Cramer Pleased With Alphabet's Results, Despite Bottom-Line Miss

Jim Cramer says that despite Alphabet's fourth-quarter earnings miss, he is happy with the revenue figures the company reported.
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TheStreet's Jim Cramer said that despite Alphabet's (GOOGL) - Get Report  fourth-quarter earnings miss, he was happy with the revenue figures the company reported.

Cramer remarked, "I know there are going to be be people that sell the stock if there is a miss. But the fact is that the revenues were not a miss. I care about the revenue."

Alphabet has invested heavily in diversifying away from being just a search company, with the Pixel phone, Google Home and other projects.