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Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

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Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#41

Earlier quoted context omitted.

>t it's basically impossible to escape the ads on it these days, so it's not surprising ublock origin seems to do fine. Unless you are suggesting that the ad-ladden SEO'd pages are their real product?

Even with ublock I'll stumble into a google ad for when I search for something like a restaurant or hotel

I just tested "macbook pro for sale" without and without ublock and they disappeared when I turned it on. Are you able to produce an ad in a search result right now with ublock enabled?

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#42
post #21
post #13

>adjusted the estimated useful life of our servers from three years to four years and the estimated useful life of certain network equipment from three years to five years Another sign of the slowing advancement in CPU power/performance?

The 3-year figure was always totally unhinged from the actual useful life of cloud servers. As evidence, please refer to the fact that on EC2 you can still provision a C4 instance with a Haswell CPU made in 2014. In GCE you can still provision an N1 instance with a Sandy Bridge CPU from 2012.

Disclaimer: I'm at Amazon but not in AWS

Fair, I was thinking of this in the non-cloud perspective where efficiency improvements can push you to upgrade even if the hardware still works. In cloud provider mode it makes sense to keep it around as long as it still works and it's not too annoying to run. It doesn't really matter how (in)efficient the hardware is because you set the pricing to keep it profitable as long as someone's willing to buy it.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#43

Summary: Full year 2021 revenue $257B, 41% year on year growth. Net income $76B, up from $40B yoy. Quarterly: Q4 of 2021 they made $75B revenue, most of it came from Google Search, $43B up from $31.9B in Q4 2020. Youtube $8.6B of ads, Google Network $9.3B from ads. Google cloud did $5B revenue for the quarter, up from $3.8B in Q4 2020. It lost $890m this quarter compared to $1.2B Q4 2020. "Other Services" did $8.1B r…

I think your math on that €43B up is wrong. At least it would be strange if they more than doubled search from last year's Q4, but just grew 41%.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#45
post #43

Summary: Full year 2021 revenue $257B, 41% year on year growth. Net income $76B, up from $40B yoy. Quarterly: Q4 of 2021 they made $75B revenue, most of it came from Google Search, $43B up from $31.9B in Q4 2020. Youtube $8.6B of ads, Google Network $9.3B from ads. Google cloud did $5B revenue for the quarter, up from $3.8B in Q4 2020. It lost $890m this quarter compared to $1.2B Q4 2020. "Other Services" did $8.1B r…

I think your math on that €43B up is wrong. At least it would be strange if they more than doubled search from last year's Q4, but just grew 41%.

You are misreading; it is not up by 43 but up to 43. (No math involved, the numbers are straight from the first table in the pdf)

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#46

Earlier quoted context omitted.

Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract. Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much mo…

One perspective: Roughly 10c of revenue for every person on the planet every day.

Maybe "Alphabet's revenue this quarter was about 3% of San Francisco's real estate."

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#47

Earlier quoted context omitted.

I don't know how many others think like I do, but I'd never use GCP. No one will ever convince me that it'll be around in 5 years. I just don't trust them to keep anything they made in the past decade or so going long term. Call me paranoid, call me whatever you want, but I just do not trust their ability to focus on anything anymore.

GCP is a profit center and diversifies the business, why would Alphabet deprecate it?

If at some point it hinders their main biz (ads) they will. Just like they did with rss

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#48
post #21
post #13

>adjusted the estimated useful life of our servers from three years to four years and the estimated useful life of certain network equipment from three years to five years Another sign of the slowing advancement in CPU power/performance?

The 3-year figure was always totally unhinged from the actual useful life of cloud servers. As evidence, please refer to the fact that on EC2 you can still provision a C4 instance with a Haswell CPU made in 2014. In GCE you can still provision an N1 instance with a Sandy Bridge CPU from 2012.

But is anybody actually doing that?

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#49
post #37
post #15

Google Cloud revenue is only up 30% YoY, which seems really low considering the marketing and the focus on it (and the growth of the competitors).

I am more surprised by having such stunning growth by many big tech without actually having any new businesses. It used to be that 10% growth was a lot and now people scoff at even 30%.

This is not 100% new business. It displaces existing one - on-premises, company owned datacenters and colocations. Just as electric cars are growing fast because they are eating into ICE market.

Re: Alphabet Announces Fourth Quarter and Fiscal Year 2021 Results

#50

To put Alphabets revenue this quarter ($75 billion) in perspective: Microsoft: $51.7 billion Apple: $123.9 billion.

Perspective is weird with large amounts of money. I think human brains are just not good at big numbers. You need something to compare it to, and the big numbers of other companies still leave it completely abstract. Perhaps it might work better with a comparison to a person, like "Alphabet made so much revenue this quarter that, assuming they had no expenses, after a full year, Alphabet would have roughly as much mo…

It's much harder to understand how rich Elon Musk is, because if he tried to sell even a small percentage of his Tesla shares, the value would evaporate. The revenue figures of these companies are more understandable because that is cold hard cash coming in the door
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