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Alphabet Announces Second Quarter 2018 Results [pdf]

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Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#41

Post by mudil »

sctb wrote: post #37
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.

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. https://news.ycombinator.com/newsguidelines.html

These are not inflammatory comments. These are facts about two monopolies, that are dangerous for society and for the internet in general. Plus there is this important thing called privacy of the individual.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#42

Post by mudil »

DEADBEEFC0FFEE wrote: post #38
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.

Doesn't that rather support the notion that personalised, contextual ads are more effective?

There is this important little thing called privacy of the individual, that FB and Google monopolized and actively violate.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#43

Post by topicseed »

mathattack wrote: post #35
lazharichir wrote: post #25

Earlier quoted context omitted.

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.

Both, but small company. But I agree with you, although thry are slowly attracting very large accounts — thanks to discounts surely, but at least they get some names, which will get some names as ROI. Well worth the huge discounts, if it all pans out.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#44

Post by panarky »

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.

26% is a crazy high growth rate for a company with 89,000 employees.

Even more amazing is that it's actually accelerating:

Q2 2018 vs. 2017 +26%

Q2 2017 vs. 2016 +21%

Q2 2016 vs. 2015 +21%

Q2 2015 vs. 2014 +11%

Q2 2014 vs. 2013 +21%

Q2 2013 vs. 2012 +11%

I don't think I've ever seen this with another big company.

Truly astounding.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#45

Post by mudil »

sctb wrote: post #37
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.

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. https://news.ycombinator.com/newsguidelines.html

Serious question. How is it that Google makes billions of dollars on ads and newspapers that depend on ads are suffering?

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#46

Post by mathattack »

topicseed wrote: post #43
mathattack wrote: post #35

Earlier quoted context omitted.

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.

Both, but small company. But I agree with you, although thry are slowly attracting very large accounts — thanks to discounts surely, but at least they get some names, which will get some names as ROI. Well worth the huge discounts, if it all pans out.

I assume over the long haul they will be the low cost producer. They need to learn to sell and support in a higher touch manner to bring in the large corporates.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#47

Post by JumpCrisscross »

mudil wrote: post #41
sctb wrote: post #37

Earlier quoted context omitted.

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. https://news.ycombinator.com/newsguidelines.html

These are not inflammatory comments. These are facts about two monopolies, that are dangerous for society and for the internet in general. Plus there is this important thing called privacy of the individual.

> These are facts about two monopolies

If you poke through my comments, you'll find we share antipathy for Facebook and, to a less degree, Google. That antipathy, however, is an opinion. Not a fact. Neither Facebook nor Google are monopolies by any common definition.

Their business models disagree with our values. But a lot of Americans do as well. Your comments forego the debate necessary to establish agreement, and in that respect I think they are inflammatory. (As well as unproductive towards our common cause of convincing people these companies should be regarded with more caution.)

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#48

Post by jacques_chester »

tequila_shot wrote: post #2

Honest question: First time reading quarter results. How do I interpret these results?

Revenue: sales recorded.

This might or might not represent cash coming through the door in this quarter, but it represents that there is an agreement for cash and goods/services to change hands.

Operating income:

Money left over after you subtract the costs of operating the business and making the sale. In a manufacturing firm, for example, you would subtract the cost of the materials in the goods sold. For Google they are deducting things like the running costs of data centres and wages for staff.

Operating margin:

You can think of this as raw profitability. Given the things management has direct, somewhat immediate control over, how good is the company at taking in more money than they spend?

Net income:

Take the Operating Income and then subtract taxes, interest payments, depreciation of assets and the like. These are all expenses, but not expenses directly connected to current activities.

In the rest of the figures they give metrics that are intended to help analysts understand the dynamics of the business that lead to the financials. So for example they showed how different categories contribute to the bottom line. They also show headcount, which can be seen as a leading signal of intention and ability to grow the business. That operating income has grown even with a very large headcount growth is impressive.

----

I am not a lawyer, accountant or financial advisor, don't rely on this as professional or investment advice.

Re: Alphabet Announces Second Quarter 2018 Results [pdf]

#50

Post by Andrex »

mudil wrote: post #45
sctb wrote: post #37

Earlier quoted context omitted.

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. https://news.ycombinator.com/newsguidelines.html

Serious question. How is it that Google makes billions of dollars on ads and newspapers that depend on ads are suffering?

What's the difference between Google and newspapers? A massive focus on technology.
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