My bet is that Google is poised to become a strong market protagonist in the Public Cloud / Infrastructure space, within the next few years.
I have admired the stability and the maturity of their technology platform since my AWS days.
Alphabet Q1 2018 Earnings [pdf]
101–110 of 168 posts
Re: Alphabet Q1 2018 Earnings [pdf]
#102Their efficiency is impressive. On an annualized basis, they are doing ~$120B. They have ~85k employees. That means they are generating ~1.5M Revenue Per Employee. That's crazy
If anyone is curious about what companies in the S&P 500 rank higher in the revenue per employee metric: https://craft.co/reports/s-p-500-revenue-per-employee-perspe...
Any ideas why energy companies have highter RPE than tech? Perhaps they have a larger rate of subcontracting?
Re: Alphabet Q1 2018 Earnings [pdf]
#103Earlier quoted context omitted.
Seems like a good time for employees to unionize.
Because recenue per employee is dropping?
Because perks and satisfaction are on the rapid decline. And salary too. Last year new employees were told that a new policy enacted after they joined would make then ineligible for stock refreshers their first year.
Re: Alphabet Q1 2018 Earnings [pdf]
#104>Effective tax rate 11% Absolutely obscene. Literally their entire Net Income increase from $5.4b to $9.4b is due to a tax cut from 20%. We will be paying for this Republican tax policy for the rest of our lives.
How can it be true that their net income doubled because they went from keeping 80% of their profit to keeping 89%?
Your assumptions are wrong, or you have confusion based on wording. By definition, net profit is after taxes and expenses. By definition, one always keeps 100% of net profits. If by "profit" you meant "gross profit" (i.e. after cost of goods, but before other expenses and taxes), I think that would go a long ways to explaining your confusion. A small increase in your net profit margin usually causes a large increase in net income (net profit), because expenses are typically a very large percentage of revenue.
Re: Alphabet Q1 2018 Earnings [pdf]
#105>Effective tax rate 11% Absolutely obscene. Literally their entire Net Income increase from $5.4b to $9.4b is due to a tax cut from 20%. We will be paying for this Republican tax policy for the rest of our lives.
Corporate tax raises relatively little revenue, and most Western European countries don’t rely on it much because its easier to tax individuals. If we don’t want to be getting more in debt we should raise taxes on middle class people to the level of say Germany. In a state like California, our taxes on rich people and corporations are already about as high as in Germany, its our taxes on people making sub-200k that r…
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Re: Alphabet Q1 2018 Earnings [pdf]
#106Earlier quoted context omitted.
If anyone is curious about what companies in the S&P 500 rank higher in the revenue per employee metric: https://craft.co/reports/s-p-500-revenue-per-employee-perspe...
Any ideas why energy companies have highter RPE than tech? Perhaps they have a larger rate of subcontracting?
The bulk of their cost is capital, not labour.
Re: Alphabet Q1 2018 Earnings [pdf]
#107Earlier quoted context omitted.
Corporate tax raises relatively little revenue, and most Western European countries don’t rely on it much because its easier to tax individuals. If we don’t want to be getting more in debt we should raise taxes on middle class people to the level of say Germany. In a state like California, our taxes on rich people and corporations are already about as high as in Germany, its our taxes on people making sub-200k that r…
That may be true (I haven't checked), but my guess is that germany (and most other western nations) offer a lot more government services for that level of tax. Taxing the middle class here the same as say, norway doesn't make sense unless you offer the same services. My half-decent insurance plan is one of my biggest monthly expenses and I'm lucky that it doesn't impact me too much. Many other "middle-class" people a…
> Taxing the middle class here the same as say, norway doesn't make sense unless you offer the same services.
My point is that the bellyaching in America is targeted at the wrong thing. It's not about how much taxes rich people or corporations pay. That's not why Germany has free education and we don't. It's that a household making $100k pays 20% taxes here and 40% in Germany. That's the major difference between the countries.
Re: Alphabet Q1 2018 Earnings [pdf]
#108Earlier quoted context omitted.
Maybe check Amazon's tax rate before "this Republican tax policy" went into effect prior to blaming low corporate tax rates on one party. If you think lobbyist-driven tax policy in America is ONLY done by Republicans, you should probably expand your reading beyond CNN / WashPo. You're right that the federal government that creates the tax policy is for sale, but it's not just the Republicans.
OP might be exaggerating, but they are not talking about who lobbies, they are talking about the politicians who pass the bills and implement the tax cuts. In that they are right. In the house, 191 democrats voted against the tax overhaul, 0 voted for it. 227 republicans voted for it, 12 against it [0]. The senate was much the same [1]. You can say what you want, but this is a republican tax bill no matter who it ben…
> I'm sure if it was possible to isolate by party they would have done so
It actually does seem to do that fairly effectively from my understanding, by restricting the deductions those in high tax states (ie Democrat) can claim.
Re: Alphabet Q1 2018 Earnings [pdf]
#109Earlier quoted context omitted.
Maybe check Amazon's tax rate before "this Republican tax policy" went into effect prior to blaming low corporate tax rates on one party. If you think lobbyist-driven tax policy in America is ONLY done by Republicans, you should probably expand your reading beyond CNN / WashPo. You're right that the federal government that creates the tax policy is for sale, but it's not just the Republicans.
It's not just corporate rates. Doubling the standard deduction is the most reckless thing that has ever been done to our federal tax code for individuals. The fact that I am going to pay an effective 15% this year on a $100k salary is absolutely insane.
With the new tax reform the top 20% of income earners will still pay more than 87% of income taxes.
https://www.wsj.com/articles/top-20-of-americans-will-pay-87...
Re: Alphabet Q1 2018 Earnings [pdf]
#110Earlier quoted context omitted.
It's not just corporate rates. Doubling the standard deduction is the most reckless thing that has ever been done to our federal tax code for individuals. The fact that I am going to pay an effective 15% this year on a $100k salary is absolutely insane.
So send a check to the Treasury. Nobody is stopping you. You could even organize a bunch of like minded people to send checks to the Treasury. I needed the tax cut. If you don’t, you don’t have to keep it. I am a better steward of my money than the government, especially when it comes to saving and investing for my family’s future.
> I am a better steward of my money than the government,
Really, ok what have you done with your money? How many buses do you run? How many schools, roads, armies?