Google Earning Q1 2024 [pdf]

Post by dmckinno » Thu, Apr 25, 2024, 11:22 PM UTC

harmmonica wrote: post #64

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…

When you say moved on can you share what you're using when you want/need to buy something online? Understand you moving on for information, but just curious what you're using these days for a specific product.

Post by swader999 » Thu, Apr 25, 2024, 11:33 PM UTC

AnotherGoodName wrote: post #118

candiddevmike wrote: post #111

Earlier quoted context omitted.

Marketing is fascinating WRT to fraud because everyone benefits from it: the ad space provider, the ad marketplace, and the marketing team who needs to show performance.

I personally think this line of thought is due to people just not accepting how profitable advertising is to the end business. We're taking a clear and massive increase in profits that dwarf advertising costs. People don't advertise on meta/Google because they are duped by bots or some conspiracy between ads marketplace and marketing teams to hide the fraud. They advertise because their bottom line goes up and it's c…

Post by zeroCalories » Thu, Apr 25, 2024, 11:34 PM UTC

fdsakljalkj wrote: post #99

darth_avocado wrote: post #8

> Alphabet’s Board of Directors today authorized the company to repurchase up to an additional $70.0 billion of its Class A and Class C shares in a manner deemed in the best interest of the company and its stockholders The most important item on the report

What an odd statement. Care to explain why you think a routine buyback announcement is important?

Post by mtremsal » Thu, Apr 25, 2024, 11:40 PM UTC

jldugger wrote: post #106

guyzero wrote: post #70

Earlier quoted context omitted.

yes, thank goodness Meta finally invented dividends.

was there a tax law change that motivated this versus more buybacks?

Post by tech_buddha » Thu, Apr 25, 2024, 11:41 PM UTC

StressedDev wrote: post #52

tech_buddha wrote: post #19

Earlier quoted context omitted.

The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.

I think most companies would love to being "dying" like Google "is". Seriously, Google is not dying and making obviously false claims is not helpful.