Had to chuckle at their breaking out earnings into "including fines" and "excluding fines" categories.
Alphabet Announces Second Quarter 2018 Results [pdf]
31–40 of 131 posts
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#3226% 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).
Ad delivery still has some optimising opportunities, so still grow to be had there. Better ad placement means more valuable ads.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#33$5B in EU fines. Ouch.
It hurt, but they still made 3 bil. If they have to pay 5 billion once a year to ensure they have a monopoly I don't that that is a bad trade for them.
Particularly with a 20%+ growth rate and their pile of cash. An annual $5 billion EU envy tax is already meaningless. The EU can't stop the US tech machine from continuing to expand, it's already too late. While they focus on fines and hold a defensive posture, the US companies are consuming the planet ex China.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#34$5B in EU fines. Ouch.
It hurt, but they still made 3 bil. If they have to pay 5 billion once a year to ensure they have a monopoly I don't that that is a bad trade for them.
> If they have to pay 5 billion once a year to ensure they have a monopoly I don't that is a bad trade for them.
That exact logic/approach is why we're seeing larger are larger fines, EU basically saying 'shape up, you can't ignore us.'
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#35Revenue up 26% YOY (good but expected). Big one for me is advertising segment revenue as % of total segment revenue, down to 86.3% from 87.4%, which is good, they have got to diversify away from ads eventually. Disappointing to see the "other bets" still at a paltry $145M and losses are growing faster. Also no mentioned whatsoever of cloud performance. Employee count up 15% but Wow, that was a big fine though.
As a user of GCP, they are moving with new useful products every few weeks. And it's a lot clearer as an offering than the top competitor. Perhaps fewer settings, but much easier to get your head around it. A lot of developers use it as a go-to, let's see how companies react over the next years. And Google Cloud Next '18 from tomorrow, so surely few announcements to come.
Are you an individual user or corporate? Their reputation for large enterprises has been not enough handholding to accompany the complexity. (Relative to IBM/AWS/Oracle) I’m curious about your experience.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#36$5B in EU fines. Ouch.
It hurt, but they still made 3 bil. If they have to pay 5 billion once a year to ensure they have a monopoly I don't that that is a bad trade for them.
You're right. Only one entity can take their monopoly away: the U.S. Department of Justice. The fine is just a fine.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#37Mass 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.
You've been posting mainly inflammatory comments about Google and Facebook. Could you please try switching it up?
> Please don't use Hacker News primarily for political or ideological battle. This destroys intellectual curiosity, so we ban accounts that do it.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#38Mass 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.
Doesn't that rather support the notion that personalised, contextual ads are more effective?
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#39Had to chuckle at their breaking out earnings into "including fines" and "excluding fines" categories.
It's intended to show an underlying trend of continued growth. That's the story they want Wall St to absorb.
Re: Alphabet Announces Second Quarter 2018 Results [pdf]
#40Had to chuckle at their breaking out earnings into "including fines" and "excluding fines" categories.
It's intended to show an underlying trend of continued growth. That's the story they want Wall St to absorb.
> an underlying trend of continued growth
I understand the reasoning, and frankly agree with it. It's just funny. I don't remember banks, post-crisis, breaking their numbers out so overtly. Usually it was "less one-time charges" or something similarly circuitous.