Google Earning Q1 2024 [pdf]

Post by ethbr1 » Thu, Apr 25, 2024, 10:21 PM UTC

sahila wrote: post #79

spydum wrote: post #72

Earlier quoted context omitted.

Or they are counting bots and other ai agents and ignoring the truth?

Ultimately advertisers want a return on their spend and it's a closely watched metric for marketers. Them continuing to spend is indicative that there's growing value in ads, ie bots/ai agents cannot be the reason for their growth. You could argue fb and particularly twitter are incentivized to include it in their DAU counts but market cares more for revenue for large companies.

Post by ethbr1 » Thu, Apr 25, 2024, 10:22 PM UTC

asadm wrote: post #44

Workaccount2 wrote: post #31

Earlier quoted context omitted.

I'll admit that despite having a GPT4 sub which I use often, I still fallback on google for quick questions and verification of what GPT4 says if I need to be certain. Not even because I am particularly going to google, it's just so heavily integrated.

you will like perplexity pro then?

Post by didip » Thu, Apr 25, 2024, 10:26 PM UTC

advisedwang wrote: post #83

Google has been doing stock buybacks for years. Why are they pivoting to also doing a dividend too? Does a dividend give a bigger short term stock bump?

Post by Jensson » Thu, Apr 25, 2024, 10:30 PM UTC

NtochkaNzvanova wrote: post #55

utensil4778 wrote: post #28

Earlier quoted context omitted.

No, not really. The decline of Google's search performance is on the front page of HN at least once a week. It's common knowledge at this point. Try Kagi if you want to be reminded of what good search is like.

On what metrics of search quality is Kagi "orders of magnitude" better than Google?

Post by amf12 » Thu, Apr 25, 2024, 10:34 PM UTC

baron816 wrote: post #39

dmckinno wrote: post #9

I thought that this earnings announcement would be the first one where we'd see some impact from competitive knowledge engines, e.g. Perplexity, You.com, ChatGPT + Bing, etc., but Google still grew search $6B/15%. This is impressive both because it's hard to keep such a big business growing at that rate and because essentially everyone in my social circle has moved on from going to Google first for information. I gue…

I think that most of the traffic being stolen away is going to be for low value searches. I (and probably almost everyone else) use Google when I already know what I want, ie I’m trying to get to a company’s website to buy a particular thing, but don’t know their url name. I’m not going to use an LLM to shop for car insurance or look for hotels.