Alphabet Announces Second Quarter 2018 Results [pdf] • Hacker News Board

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#11

Post by MaysonL » Mon, Jul 23, 2018, 9:01 PM UTC

Interestingly, they found it necessary to present income with and without including 2017's $2.7B and 2018's $5B in fines.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#12

Post by lazharichir » Mon, Jul 23, 2018, 9:02 PM UTC

MarkMc wrote: post #7

26% revenue growth for such a large company is astounding. Google's growth machine seems to have lasted much longer than people expected.

Yep, and they are doing their thing in new territories, with their stronghold (ad) still going up, and technology changing allows for even further opportunities there (voice, home, and so on).

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#13

Post by tonysdg » Mon, Jul 23, 2018, 9:02 PM UTC

olliej wrote: post #10

lazharichir wrote: post #4

Strong headcount growth versus other FANG-like companies.

Dumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)

Facebook, Amazon, Netflix, Google

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#14

Post by lazharichir » Mon, Jul 23, 2018, 9:02 PM UTC

olliej wrote: post #10

lazharichir wrote: post #4

Strong headcount growth versus other FANG-like companies.

Dumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)

Companies like Facebook, Amazon(/Apple), Netflix, and Google.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#15

Post by [deleted] » Mon, Jul 23, 2018, 9:02 PM UTC

olliej wrote: post #10

lazharichir wrote: post #4

Strong headcount growth versus other FANG-like companies.

Dumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)

[deleted]

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#16

Post by todipa » Mon, Jul 23, 2018, 9:03 PM UTC

Fines are becoming a common expense, they should list them as a cost of doing business.

They aren't tax deductible for US purposes so you are taxed on pre-fine income.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#17

Post by adamson » Mon, Jul 23, 2018, 9:03 PM UTC

olliej wrote: post #10

lazharichir wrote: post #4

Strong headcount growth versus other FANG-like companies.

Dumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)

Huge public tech companies with strong revenue: Facebook, Amazon, Netflix, Google

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#18

Post by TekMol » Mon, Jul 23, 2018, 9:05 PM UTC

mudil wrote: post #6

Mass surveillance of billions of people pays off handsomely. Google and Facebook are the only two businesses that prosper on ads, while your local newspapers, specialized websites, and journalism in general are dying.

I'm not sure it's the surveillance that makes Google earn so much. I would think the main reason is that search traffic is so valuable to advertisers.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#19

Post by ChuckMcM » Mon, Jul 23, 2018, 9:05 PM UTC

Anyone else notice that both the operating margin was down 2 points and other bets capex was down 10x?

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#20

Post by dlp211 » Mon, Jul 23, 2018, 9:06 PM UTC

olliej wrote: post #10

lazharichir wrote: post #4

Strong headcount growth versus other FANG-like companies.

Dumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)

Facebook, Amazon, Netflix, Google. It's a shorthand for high growth tech stocks. It is also sometimes abbreviated FAANG to include Apple, and sometimes it will include Microsoft.

It's best, IMO, to think of it as the BIG10 NCAA division, the name only represents a subset of its membership.