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Alphabet Earnings Release FY23 Q3 [pdf]

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Re: Alphabet Earnings Release FY23 Q3 [pdf]

#21

Post by empath-nirvana »

impulser_ wrote: post #17

Google is still the greatest business of all time. Despite people thinking it was heading for a decline due to Bing, ChatGPT, AI ect. It just posted another quarter with all-time high revenue and this year will be its best year ever. All sectors are growing and profit, minus other bets. 120B in cash. 25 years of growth without a single year of revenue decline is crazy at 300B yearly revenue.

The iphone was released in 2007.

Blackberry posted their best quarter in _2011_.

Companies that are dead men walking frequently post record-breaking revenue long after someone else has drank their milkshake.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#22

Post by dekhn »

isusmelj wrote: post #20

Can anyone explain why servers are now more useful for longer than they used to be? I feel the world is spinning faster, and new tech comes out faster. Especially with faster networking and more compute. In the document they mention this: In January 2023, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from four years to six yea…

They aren't; this is an accounting change.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#23

Post by dekhn »

CSMastermind wrote: post #19
mfrc wrote: post #8

Cloud missed; shares fell :(

Do you think they give up on Google Cloud at some point?

they might trim some infrequently used features but I can't see them completely killing Google Cloud- not only does it make money (the only real money other than ads), the reputational hit would be immense. Imagine telling thousands of enterprises they have to move petabytes to a competitor.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#24

Post by mrsilencedogood »

isusmelj wrote: post #20

Can anyone explain why servers are now more useful for longer than they used to be? I feel the world is spinning faster, and new tech comes out faster. Especially with faster networking and more compute. In the document they mention this: In January 2023, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from four years to six yea…

This is armchair analytics so take me with a grain of salt, but:

- server/cloud computing is largely all about performance per watt

- the latest couple gens intel seem to be struggling to innovate and are just getting better benchmarks by cranking up the power consumption. even AMD's latest release is along the lines of "x% faster per core, XX% more power draw".

So I wonder if this is percolating out into the server/cloud space where people are just watching the chipmakers trade off efficiency for benchmarks and are unimpressed.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#25

Post by powera »

isusmelj wrote: post #20

Can anyone explain why servers are now more useful for longer than they used to be? I feel the world is spinning faster, and new tech comes out faster. Especially with faster networking and more compute. In the document they mention this: In January 2023, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from four years to six yea…

New tech in the server space comes out slower than it used to. Moore's Law has almost dried up.

Fifteen years ago, you could assume that you would have 50% larger hard drives and significantly more FLOPS/watt with each year's new systems. Today, that trend has almost entirely stalled.

In short: servers used to have short life-cycles not because they no longer worked, but because they had so much higher operating expenses (electricity, datacenter floor-space) than newer models. That trend no longer holds; the more relevant question today is "how long will the servers work".

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#26

Post by cmrdporcupine »

atorodius wrote: post #2

182k employees, still! Impressive.

wow. When I started there end of 2011 it was something like 35,000, and ~20,000 engineers. And even then when I went down to the Googleplex I always walked around stunned absolutely baffled what all those people were doing. (Our office had about ~300 people back then)

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#27

Post by buildstatements »

dekhn wrote: post #22
isusmelj wrote: post #20

Can anyone explain why servers are now more useful for longer than they used to be? I feel the world is spinning faster, and new tech comes out faster. Especially with faster networking and more compute. In the document they mention this: In January 2023, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated useful life of our servers from four years to six yea…

They aren't; this is an accounting change.

There are many tasks for which speed is not an absolute requirement.

I bet there are lots of places that parallelisation makes more computers within the ballpark of acceptable performance perfectly cromulent to keep around.

Heck, my 2015 mac is a perfectly serviceable media player when I watch sport.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#28

Post by paulpauper »

impulser_ wrote: post #17

Google is still the greatest business of all time. Despite people thinking it was heading for a decline due to Bing, ChatGPT, AI ect. It just posted another quarter with all-time high revenue and this year will be its best year ever. All sectors are growing and profit, minus other bets. 120B in cash. 25 years of growth without a single year of revenue decline is crazy at 300B yearly revenue.

even the Oracle of Omaha himself regrets not investing . he should have bought Google instead of IBM. oh well, everyone makes mistakes, even the GOAT

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#29

Post by ocdtrekkie »

dang wrote: post #14
ocdtrekkie wrote: post #5

[flagged]

Would you please stop posting these? Pre-existing agendas aren't ok on HN because they aren't curious conversation. Obviously criticisms of $BigCo are fine on HN (every thread fills up with them anyhow), but the high-order bit should be curiosity. Taking HN threads on generic flame tangents in a fixed and repetitive way, which your account has been doing for a long time now, is not what this site is for. https://news…

I will follow up with you by email regarding this incident within the next day or so.

Re: Alphabet Earnings Release FY23 Q3 [pdf]

#30

Post by dekhn »

buildstatements wrote: post #27
dekhn wrote: post #22

Earlier quoted context omitted.

They aren't; this is an accounting change.

There are many tasks for which speed is not an absolute requirement. I bet there are lots of places that parallelisation makes more computers within the ballpark of acceptable performance perfectly cromulent to keep around. Heck, my 2015 mac is a perfectly serviceable media player when I watch sport.

None of that has anything to do with the accounting change that they made.
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